20-Unit Standalone Apartment
For Sale
$1,700,000
1001 Cedarwood Drive, Rio Grande City, TX 78582
Residential Income, Rio Grande City, TX
Property Size20,720 SF
Lot Size1.36 Acres
Price / SF$82.05
Days on Market37
Property Features for 1001 Cedarwood Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
None
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Subdivision
Trophy Plex
Lot features
Mature Trees, Sidewalks
Elementary school
Ramirez
Middle school
Ringgold
High school
Rio Grande City H.S.
Elementary school district
Rio Grande ISD
Middle school district
Rio Grande ISD
High school district
Rio Grande ISD
Directions
Take Hwy 83 to Rio Grande city then turn south on Trophy St (city hall), go past Dr. Mario Ramirez Elementary, turn west on Cedarwood Drive.
Standard status
Active
APN
172800000200100000000 (+ multiple GEO IDS)
Size
20,720 SF
Lot size
1.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
43302
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Number of units
20
Building materials
Brick
Roof type
Shingle
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Chia Chiang · License #801069005
(956) 534-8771
Added: Sep 27
Changed: Sep 29
Last Checked: Nov 2 at 9:06PM
MLS# 516418
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.
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Investment Insights
Based on property information with market context.
Five detached, single-story brick fourplexes form a 20-unit apartment property on 1.3579 acres. The buildings contain a combined 20,720 square feet and were built in 2007. Each fourplex measures 4,144 square feet, with two 2-bedroom, 2-bathroom apartments of 952 square feet and two 3-bedroom, 2-bathroom apartments of 1,120 square feet. The apartments have no shared walls.
Interior features include granite kitchen countertops, tile flooring, separate utility rooms, and fenced slab patios. Central heating and air conditioning serve the apartments, and public water is available. The property is in Rio Grande City, south of Mario Ramirez Elementary School.
Interior features include granite kitchen countertops, tile flooring, separate utility rooms, and fenced slab patios. Central heating and air conditioning serve the apartments, and public water is available. The property is in Rio Grande City, south of Mario Ramirez Elementary School.
Key Highlights
- 20 apartments across five detached fourplexes on adjoining lots
- 1.3579‑acre site with 20,720 square feet of building area
- Each 4,144‑square‑foot fourplex contains two 952‑square‑foot 2‑bedroom, 2‑bathroom units and two 1,120‑square‑foot 3‑bedroom, 2‑bathroom units
Property Analytics
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Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Five single-story buildings provide a mix of two- and three-bedroom apartments on adjoining lots.
Where is this apartment building located?
The property is located at 1001 Cedarwood Drive 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: 20 apartments across five detached fourplexes on adjoining lots; 1.3579‑acre site with 20,720 square feet of building area; Each 4,144‑square‑foot fourplex contains two 952‑square‑foot 2‑bedroom, 2‑bathroom units and two 1,120‑square‑foot 3‑bedroom, 2‑bathroom units
