5007 E US Highway 83 Active

Rio Grande City,TX 78582

$ 1899900

- Bed

- Bath

26770 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 26,770 sqft

Price per Sqft $70

Subdivision Porcion 82 Nicolas Vela

MLS Listing ID 446030

HOA Y/N No

Originating Board Greater McAllen

Year Built 2005

Annual Tax Amount $27,635

Tax Year 2023

Lot Size 0.913 Acres

Acres 0.913

Property Description

Amazing opportunity to pick up 32 units in South Texas. Renovations have been done to the property over the last 4 years including roofs, A/C units, parking area, and appliances. Although income has been steadily increasing, there is still room to raise rents. The region has been growing and developing rapidly and rental demand is strong.

- A/C Units updated in some units.
-Roof replaced as of 2021
-Some units have been renovated including new and/or refurbished appliances
-Parking area has been updated
-Close proximity to shopping and restaurants.

Location

State TX

County Starr

Community Curbs,Sidewalks,Street Lights

Rooms

Other Rooms Laundry Facility

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater,Refrigerator,Stove/Range

Laundry Laundry Area

Exterior

Exterior Feature Other

Fence Barbed Wire,Chain Link

Community Features Curbs,Sidewalks,Street Lights

Waterfront No

View Y/N No

Roof Type Shingle

Parking Type No Garage

Garage No

Building

Lot Description Corner Lot,Sidewalks

Faces WEST on US Hwy 83. Located on NORTH side of US Hwy 83 after North La Perica Street, before reaching N Blanca Rd.

Story 2

Foundation Slab

Sewer City Sewer

Structure Type Brick,HardiPlank Type

New Construction No

Schools

Elementary Schools Ramirez

Middle Schools Rio Hondo Junior High

High Schools Rio Grande City H.S.

Others

Tax ID 001790820006000000100

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