5007 E Us Highway 83
Rio Grande City, TX 78582
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Bed
0
Bath
26,770Sqft
39,769.84Sqft(Lot)
This 32-unit multi-family property, located on the north side of US Highway 83, presents an amazing opportunity to acquire a stabilized asset in a rapidly growing South Texas market. The property consists of five buildings situated on approximately 1.72 acres. Recent major renovations include new roofs (2021),a new concrete parking lot, and refurbished appliances in most of the units.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s) Roof: Shingle Appliances: Range, Cooktop, Electric Water Heater, Refrigerator Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air
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Building Information
Year Built: 2005 Building Area Total: 26770 Construction Materials: Brick, HardiPlank Type Stories: 2 Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Main Square Feet: 39769.8444 Square Feet Lot Size Acres: 0.913 Lot Size Square Feet: 39769.8444Property Information
Subdivision: Porcion 82 Nicolas Vela Source Property Type: Residential Income Property SubType: Apartment Property Age: 21
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Listing Price Information
Listing Price: $1600000 Original Price: $1650000
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Tax Information
Parcel Number: 001790820006000000100 Tax Year: 2021 Annual Tax: $30722
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Parking Information
No Garage
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School Information
Elementary School: RamirezJunior High School: Rio Hondo Junior HighSenior High School: Rio Grande City H.S. -
Location Information
Direction: WEST on US Hwy 83. Located on NORTH side of US Hwy 83 after North La Perica Street, before reaching N Blanca Rd.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5324 Journey Drive, Rio Grande City, TX, 78582 | $289,995 | 3 | 3 | 1,702 | 1,702 SqFt |
| TRACT 9 Fm 490, Rio Grande City, TX, 78582 | $159,900 | -- | -- | -- | |
| TRACT 10 Fm 490, Rio Grande City, TX, 78582 | $159,900 | -- | -- | -- | |
| 000 Fm 755 Highway, Rio Grande City, TX, 78582 | $400,000 | 3 | 2 | 1,200 | 1,200 SqFt |
| 5307 Journey Drive, Rio Grande City, TX, 78582 | $280,000 | 3 | 2 | 1,450 | 1,450 SqFt |
| 5302 Journey Drive, Rio Grande City, TX, 78582 | $275,000 | 3 | 2 | 1,403 | 1,403 SqFt |
| 000 Arnold Street, Rio Grande City, TX, 78582 | $55,000 | 3 | 1 | 1,276 | 1,276 SqFt |
| 101 Starrview Drive, Rio Grande City, TX, 78582 | $245,000 | 3 | 2 | 1,500 | 1,500 SqFt |
| 104 Starrview Drive, Rio Grande City, TX, 78582 | $229,900 | 3 | 2 | 1,388 | 1,388 SqFt |
| 695 N El Paisano Road, Rio Grande City, TX, 78582 | $650,000 | 5 | 3 | 3,303 | 3,303 SqFt |
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ByOwner last updated this listing 06/12/2026 @ 16:31
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