Multifamily Investment in Rio
1214 Cornerstone Loop Rio Grande City, TX 78582
1214 Cornerstone Loop, Rio Grande City, TX, 78582
$3,360,000
For Sale
$3,360,000
MULTI_FAMILY - Rio Grande City, TX
Property Size40,432 SF
Lot Size2.72 Acres
Price / SF$83.10
Days on Market158
Property Features for 1214 Cornerstone Loop
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 80
- Parking features
- Garage
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- 172800000202200000000 (+ multiple GEO IDS)
- Size
- 40,432 SF
- Lot size
- 2.72 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 78822
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 1
- Number of units
- 40
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Keller Williams Realty RGV
(956) 928-1155
3300 N Mccoll. Ste P & Q, McAllen, TX
Listed by
Jaime Lee Gonzalez
(956) 599-8400
Added: Feb 13 Updated: Apr 15 at 9:29 am Checked: Jul 21 at 3:06 am
MLS# 494702
Listing URL
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.
This multifamily investment opportunity features 40 residential units situated across 10 subdivision lots in Rio Grande City, Texas. The property offers a mix of 27 two-bedroom, one-bathroom units and 13 three-bedroom, two-bathroom units. Each unit provides approximately 1,103 square feet of living space, totaling 40,432 square feet across the entire property. Located on Cornerstone Loop and Cedarwood Dr, the property benefits from convenient access to Hwy 83, municipal offices, shopping, and dining options. The location enhances tenant appeal and contributes to occupancy stability. The property is situated on a 2.7158-acre lot in Starr County.
Key Highlights
- Large‑scale multifamily investment: 40 residential units across 10 lots.
- Well‑balanced unit mix: 27 2BD/1BA and 13 3BD/2BA units.
- Spacious units: Approximately 1,103 square feet of living space per unit.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 40-unit multifamily property in Rio Grande City, Texas.
Where is this apartment building located?
The property is located at 1214 Cornerstone Loop Rio Grande City, TX.
What is the asking price?
The asking price for this property is $3,360,000.
What are key features of this property?
This property features: Large‑scale multifamily investment: 40 residential units across 10 lots.; Well‑balanced unit mix: **27 2BD/1BA and 13 3BD/2BA units.**; Spacious units: Approximately **1,103 square feet of living space per unit.**
