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

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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)

$323,000MLS# 29778471
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