1 / 2920-Unit Multifamily in Rio Grande City, TX
TX · listed Sep 27, 2026 (31 days)
- $/unit
- $85,000
- ▼ 15% vs TX · 37th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 20
- 20 bldg · 2007
Financials
- Asking price
- $1,700,000
- Price per unit
- $85,000
- Price per sq ft
- $82
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 20
- Unit mix
- two units of 2 bedrooms/2 bathrooms (each 952 sqft) and two units of 3 bedrooms/2 bathrooms (each 1120 sqft)
- Buildings
- 20
- Year built
- 2007
- Building size
- 20,720 sq ft
- Avg unit size
- 1,036 sq ft
- Lot size
- 1.36 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 27, 2026
- Days on market
- 31 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1603
About this property
A wise investment to build your wealth! 5 well-maintained fourplexes with 20 apartment units. All 5 lots/fourplexes are right next to each other. Each apartment is standing alone building which is very hard to find. Single family house style apartment. No shared wall with other apartment. All single stories. Huge lot size and has sidewalk between each fourplex. Each fourplex (4144 sqft) has two units of 2 bedrooms/2 bathrooms (each 952 sqft) and two units of 3 bedrooms/2 bathrooms (each 1120 sqft). Each apartment has beautiful interior design, granite kitchen countertop, tile floors thorough the apartment, separated utility room, private fence in slab patio, 2 covered assigned carports spaces. Good size master bedroom. The apartments are located on the new and growing area of Rio Grande City, south of Mario Ramirez Elementary school. The opportunity to grow is endless.
Multifamily | 20 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Rio Grande City, TX | $3.36M | $84K$84K | — |
Rio Grande City, TXValue-add | $1.8M | $56K$56K | — |
| Rio Grande City, TX New | $1.75M | $55K$55K | — |
Roma, TX | $890K | $45K$45K | — |
Roma, TX | $795K | $57K$57K | — |
| Roma, TX High yieldValue-add | $795K | $57K$57K | 13.7%gy |



