00 Falcon Street
Rio Grande City, TX 78582
12,198.98Sqft(Lot)
Great investment opportunity to own 4 vacant lots in a highly desirable gated community, perfectly situated at the end of a quiet cul-de-sac. This property is zoned for a multi-family, allowing for the construction of 4 townhomes, each sitting on its own individual lot. This restricted gated community is conveniently located close to entertainment, dining and shopping destinations. As a unique property, it offers the opportunity to build for homestead use while the remaining 3 units can bring potential rental income. You can also choose to sell the townhomes individually.
Property Details
Map
Map
Features
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Lot Information
Main Square Feet: 12198.978 Square Feet Lot Size Acres: 0.2801 Lot Size Square Feet: 12198.978 Lot Description: Cul-De-SacProperty Information
Subdivision: Las Villas Del Rio Source Property Type: Land
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Listing Price Information
Listing Price: $114995
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Tax Information
Parcel Number: 107420000002300000000 Tax Year: 2025 Annual Tax: $2108
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Homeowners Association InformationHas Association: Yes HOA: $153.00 Community Features: Curbs, Gated, Street Lights
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School Information
Elementary School: RamirezJunior High School: RinggoldSenior High School: Rio Grande City H.S. -
Utility Information
Water Connected -
Location Information
Direction: Head E on US Hwy 83, Turn south on Trophy Rd. Continue straight, the Las Villas del Rio Subdivision will be to your right. Turn right onto Yellow Hammer Steet, stay on yellow hammer to your left, destination will be at the end of the street. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TRACT 7 Fm 490, Rio Grande City, TX, 78582 | $164,000 | -- | -- | -- | 10 Acres(Lot) |
| TR 1 Nikki Road, Rio Grande City, TX, 78582 | $179,000 | -- | -- | -- | 10 Acres(Lot) |
| N Fm 649 Freeway, Rio Grande City, TX, 78582 | $36,000 | -- | -- | -- | 9,147.16 Sqft(Lot) |
| LOT 7 El Mirador Street, Rio Grande City, TX, 78582 | $55,000 | -- | -- | -- | 35,642.10 Sqft(Lot) |
| TRACT 12 Fm 490, Rio Grande City, TX, 78582 | $159,900 | -- | -- | -- | 10 Acres(Lot) |
| TRACT 5 Fm 490, Rio Grande City, TX, 78582 | $159,900 | -- | -- | -- | 10 Acres(Lot) |
| 203 Los Marroquines Road, Rio Grande City, TX, 78582 | $150,000 | -- | -- | -- | 18.66 Acres(Lot) |
| N Flores Street, Rio Grande City, TX, 78582 | $179,000 | -- | -- | -- | 1.80 Acres(Lot) |
| 40 Jr Drive, Rio Grande City, TX, 78582 | $75,000 | -- | -- | -- | 4.98 Acres(Lot) |
| Shady Grove Drive, Rio Grande City, TX, 78582 | $60,000 | -- | -- | -- | 21,999.98 Sqft(Lot) |
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 09/03/2026 @ 19:06
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