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$225,000
508704 MLS
5.455± Acre Residential Development Opportunity | Rio Hondo, TX Positioned adjacent to an established multifamily community, this 5.455± acre development tract presents an outstanding investment opportunity in the heart of Rio Hondo. The level, rectangular site offers an efficient layout with nearby utilities and excellent development potential. The property is well suited for multifamily, townhomes, single-family residential, senior housing, or other residential development. Conveniently located near schools, shopping, healthcare, and major transportation routes, the property offers excellent accessibility while benefiting from the continued growth of Rio Hondo and the surrounding Cameron County market. Whether you're looking to develop immediately or invest for future appreciation, this property presents a compelling opportunity in an expanding market.

201 Morning Glory Drive, Rio Hondo

$349,000
508222 MLS
Hard Corner Commercial Development Opportunity Prime 0.853-acre commercial hard corner located on a high-traffic State Highway in the heart of Rio Hondo, TX. Positioned between Dollar General and immediately adjacent to O'Reilly Auto Parts, this premier site offers exceptional visibility, strong daily traffic counts, and outstanding exposure for any commercial venture. The approximately 37,156-square-foot tract features frontage on Colorado Avenue (State Highway 106) with additional side street access, making ingress and egress convenient from multiple directions. Commercially zoned and surrounded by established retail, multifamily housing, and residential neighborhoods, this property is ideal for retail, restaurant, medical, professional office, financial, automotive, or service-related development. Rare hard corner opportunities in proven retail corridors like this are limited, making it an exceptional investment or owner-user opportunity.

Corner Colorado Avenue, Rio Hondo