Yadira Lopez · REALTOR® · TREC #801199 · RCR Real Connect Realty (broker license #9012393)
Property sheet · MLS# 29778471 · https://yadiralopez.com/properties/337-colorado-ave-rio-hondo-tx-78583-29778471
Income property · For sale
337 Colorado Ave., Rio Hondo, TX 78583
$323,000
- 4
- units
- 2,552
- ft²
MLS# 29778471 · Listed by Jacquelyn Wright, MARCUS PHIPPS REAL ESTATE, LLC · Tel. 956-423-5300
Description
Turn-key, fully leased multi-family investment opportunity in a prime Rio Hondo location with excellent visibility just off the main road. This exceptionally maintained property features four units consisting of two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, with stable, long-term tenants already in place for immediate income. Recent improvements include a new roof (2025), rebuilt stairs (2024), replacement of cracked windows (2025), and freshly painted trim and stairs (2026). All water heaters have been replaced within the past three years, and all A/C units have been updated within the past eight years, providing added value and peace of mind. Conveniently located with easy access to shopping, dining, schools, and some of the area's best fishing, this well-maintained property is an excellent opportunity to add a quality, income-producing asset to your investment portfolio!
Details
- Type
- Income property · Multi Family
- Status
- For sale
- MLS#
- 29778471
- Price
- $323,000
- Price per ft²
- $127
- Units
- 4
- Living area
- 2,552 ft²
- Lot size
- 0.27 acres
- Year built
- 2004
- Subdivision
- Morning Glory
- City
- Rio Hondo
- County
- Cameron
- Days on market
- 88
- Listed
- Aug 4, 2026
- Last updated
- Sep 13, 2026, 1:24 PM CT
Location
337 Colorado Ave., Rio Hondo, TX 78583 Open in Google Maps (opens in a new tab)
Listed by Jacquelyn Wright · MARCUS PHIPPS REAL ESTATE, LLC · [email protected]
Office contact: 956-423-5300
MLS# 29778471 · Last updated
