337 Colorado Ave, Rio Hondo, TX 78583
- $323,000
- 2,552
- SqFt
- List Price
- $323,000
- Status
- ACTIVE
- MLS#
- 29778471
- Living Area
- 2,552
- Lot Size (Acres)
- 0.2727
- Year Built
- 2004
Property 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!
/u.realgeeks.media/sermol/header2SM.png)
Additional Information
- Area
- Rio Hondo
- Subdivision
- Morning Glory
- Flooring
- Tile
- Heating
- Central, Electric
- School District
- Rio Hondo I.S.D.
- Elementary School
- Rio Hondo
- Middle School
- Rio Hondo
- High School
- Rio Hondo
Mortgage Calculator
Listing courtesy of MARCUS PHIPPS REAL ESTATE, LLC.