Waterfront Multifamily Income
For Sale
$280,000
106 S Arroyo Boulevard, Rio Hondo, TX 78583
MULTI_FAMILY - Rio Hondo, TX
Property Size552 SF
Lot Size0.29 Acres
Price / SF$507.25
Days on Market136
Property Features for 106 S Arroyo Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Other
Exterior features
Mature Trees
Fencing
Chain Link
Appliances
Water Heater (Other)
Subdivision
Rio Hondo Original Townsite
Lot features
Mature Trees
Elementary school
Rio Hondo
Middle school
Rio Hondo Junior High
High school
Rio Hondo H.S.
Elementary school district
Rio Hondo ISD
Middle school district
Rio Hondo ISD
High school district
Rio Hondo ISD
Directions
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.
Standard status
Active
APN
5500005100001000
Size
552 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1582
Utilities
Cooling system
Window Unit(s), Wall Unit(s)
Water front features
Waterfront
Water front
1
Building Details
Year built
1990
Floors in Building
1
Number of units
12
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Erasmo Arjona
(956) 522-9632
Added: Apr 15
Changed: Jul 30
Last Checked: Aug 28 at 11:06AM
MLS# 501668
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Income-producing waterfront property in Rio Hondo, Texas offering a mixed setup designed for multiple rental formats. The site includes cabins, mobile homes, RV rentals, and pad sites, with tenants already in place generating income. The offering is described as grand-fathered, and the city is noted as no longer granting RV permits for this location.
The property sits on a quiet, waterfront-oriented setting along S Arroyo Boulevard. With a range of existing rental types on-site, the layout provides flexibility for continued leasing and future updates aimed at long-term and seasonal occupancy.
Lot size is approximately 0.287 acres, with an additional property size reported at 552 square feet.
The property sits on a quiet, waterfront-oriented setting along S Arroyo Boulevard. With a range of existing rental types on-site, the layout provides flexibility for continued leasing and future updates aimed at long-term and seasonal occupancy.
Lot size is approximately 0.287 acres, with an additional property size reported at 552 square feet.
Key Highlights
- Waterfront, income‑producing property with grandfathered RV rental permits.
- Multiple income streams from cabins, mobile homes, RV rentals, and pad sites.
- Cash flowing with tenants in place, offering immediate income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 78583, TX
5,869
Population
2,781
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
75%
High-School Grad
93.1 sq mi
ZIP Area
63
Density / Sq Mi
$61,315
Median Household Income
$35,947
Median Earnings
$771
Median Rent
$147,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Mixed cabins, mobile homes, RV rentals, and pad sites on a waterfront lot with tenants in place.
Where is this mobile home & rv park located?
The property is located at 106 S Arroyo Boulevard Rio Hondo, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Waterfront, income‑producing property with grandfathered RV rental permits.; Multiple income streams from cabins, mobile homes, RV rentals, and pad sites.; Cash flowing with tenants in place, offering immediate income.
