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Detached Quadplex Portfolio
For Sale
$1,700,000

1001 Cedarwood Dr, Rio Grande City, TX 78582

Twenty single-story residences are arranged in five separate buildings without shared apartment walls.

Property Size20,720 SF
Price / SF$82.05
Days on Market16

Property Features for 1001 Cedarwood Dr

General Information

Standard status Active
Size 20,720 SF
Property subtype Residential Income

Additional Details

Multifamily Units 20

Taxes and HOA fees

Annual Taxes $43,302

Amenities

granite kitchen countertop
tile floors
separated utility room
private fence in slab patio

Building Details

Buildings 5
Stories 1
Construction single family house style
Listing Agency: eXp Realty, LLC
Listed By: Chia Chiang · License #801069005
Source: Exprealty
Added: Sep 28 Changed: Oct 11 Last Checked: Oct 12 at 11:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

The property comprises five four-unit buildings and 20 apartments, with each building containing 4,144 square feet. The single-story apartments are detached, with no shared walls between residences. Unit mix includes two-bedroom, two-bathroom apartments measuring 952 square feet and three-bedroom, two-bathroom apartments measuring 1,120 square feet. Interior features include granite kitchen countertops, tile flooring, separate utility rooms, and fenced slab patios. Each apartment also has two assigned covered carport spaces.

Built in 2007, the property is in Rio Grande City, south of Mario Ramirez Elementary School.

Key Highlights

  • Five adjacent buildings contain 20 apartments in total
  • Each four‑unit building measures 4,144 square feet
  • Unit mix: two 2‑bedroom/2‑bathroom apartments at 952 square feet and two 3‑bedroom/2‑bathroom apartments at 1,120 square feet per building

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Hair Salon Nail Salon Spa & Massage Center Gym & Fitness Center Cosmetic Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 78582, TX

43,253
Population
14,743
Households
2.9
Avg Household Size
31
Median Age
13%
College-Educated
61%
High-School Grad
565.3 sq mi
ZIP Area
77
Density / Sq Mi
$41,452
Median Household Income
$23,855
Median Earnings
$738
Median Rent
$102,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Twenty single-story residences are arranged in five separate buildings without shared apartment walls.
Where is this quadplex located?
The property is located at 1001 Cedarwood Dr Rio Grande City, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Five adjacent buildings contain 20 apartments in total; Each four‑unit building measures 4,144 square feet; Unit mix: two 2‑bedroom/2‑bathroom apartments at 952 square feet and two 3‑bedroom/2‑bathroom apartments at 1,120 square feet per building
More about this property
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