302 Papalote Road, Rio Grande City, TX 78582

$429,000
4,650
SqFt

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List Price
$429,000
Price Change
▼ $20,500 1783478080
Status
ACTIVE
MLS#
505385
Living Area
4,650
Lot Size (Acres)
0.0103
Year Built
2018

Property Description

Investor opportunity in a growing area! This fully occupied 5-unit multifamily property offers immediate rental income with strong long-term potential. Each unit features 2 bedrooms and 2 bathrooms, providing an attractive and functional layout for tenants. This income-producing property is ideal for investors seeking steady cash flow and portfolio expansion. Well-maintained and fully leased, the complex offers consistent occupancy appeal with spacious layouts designed for comfortable living. Conveniently located near schools, shopping, dining, and major roadways, this property combines accessibility with strong rental demand. Excellent opportunity to own a turnkey investment property with multiple streams of income already in place. Properties like this are increasingly difficult to find — secure a valuable asset with immediate revenue potential and room for future appreciation.

Additional Information

Area
Rio Grande City
Subdivision
Mi Ranchito Estates
Stories
1
Garage Spaces
12
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Big Realty.