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106 S Arroyo Boulevard

Rio Hondo, TX 78583

$295,000 $1,243/Mo

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Overview

Bed

Bath

552

Sqft

12,499.98

Sqft(Lot)

Description

Great opportunity to own a waterfront, grand-fathered, income-producing property in Rio Hondo. This unique setup includes a mix of cabins, mobile homes, RV rentals, and pad sites, creating multiple streams of income within one property. It’s already cash flowing with tenants in place, while still offering room to grow. City is not granting RV permits for this location anymore. The property sits in a quiet, laid-back area near the water, that can be upgraded seeking long-term renters as well as seasonal tenants or Airbnb looking for a more relaxed environment. With limited rental options in Rio Hondo, demand has remained steady. There is clear upside for the next owner—whether through increasing rents, leasing out additional spaces, adding more units, or updating existing ones to maximize returns. If you’re looking for something a little different from the typical multifamily property, this offers income today with the flexibility to expand and improve over time.

Property Details

Property Type : Residential Income

Price : $295,000

AD Id : 78595117

MLS Id : 501668

Lot Size : 12,499.98 Sqft

Living Area Size : 552

Year Built : 1990

County : Cameron

Subdivision: Rural Tract (no Subd)

Map

What's Nearby

Nearby Areas

Features

Flooring Information

Other
Roofing Information

Other
Interior Features

Other Roof: Other Appliances: Other, Water Heater Laundry Features: None
Heating & Cooling

Has Cooling: Yes Cooling: Wall Unit(s), Window Unit(s) Water front: 1

Building Information

Year Built: 1990 Building Area Total: 552 Construction Materials: Other Stories: 1 Private Pool: No Water front Features: Waterfront
Exterior Features

Exterior Features: Other

Lot Information

Main Square Feet: 12499.9776 Square Feet Lot Size Acres: 0.287 Lot Size Square Feet: 12499.9776 Lot Description: Waterfront

Property Information

Subdivision: Rio Hondo Original Townsite Source Property Type: Residential Income Property SubType: Multi Family Property Age: 36

Listing Price Information

Listing Price: $295000

Tax Information

Parcel Number: 5500005100001000 Tax Year: 2025 Annual Tax: $1582

School Information

Elementary School: Rio Hondo

Junior High School: Rio Hondo Junior High

Senior High School: Rio Hondo H.S.
Location Information

Direction: Coming in to Rio Hondo through the Arroyo Colorado Lift bridge going west. Make a right on S Arroyo blvd, property will be on your right.

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ByOwner last updated this listing 06/10/2026 @ 21:56

MLS: 501668 LISTED BY: , RE/MAX elite SOURCE: Greater McAllen Association of REALTORS