Five-Building Apartment
New
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 Market3
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, Dryer, Refrigerator, Stove/Range, Washer
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
Last Checked: Sep 29 at 4:06AM
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.
Investment Insights
Based on property information with market context.
The property comprises five single-story fourplexes with 20 apartments and a combined 20,720 square feet. Each building contains two 2-bedroom, 2-bathroom apartments measuring 952 square feet apiece, plus two 3-bedroom, 2-bathroom apartments at 1,120 square feet each. Interiors feature granite kitchen countertops, tile flooring, separate utility rooms and fenced slab patios. Each apartment also has two assigned covered carport spaces.
The contiguous fourplex parcels total 1.3579 acres in Rio Grande City, south of Mario Ramirez Elementary School. Built in 2007, the brick buildings have central heating and central air conditioning. Public water serves the property.
The contiguous fourplex parcels total 1.3579 acres in Rio Grande City, south of Mario Ramirez Elementary School. Built in 2007, the brick buildings have central heating and central air conditioning. Public water serves the property.
Key Highlights
- Five single‑story fourplexes with 20 apartment units
- 20,720 square feet across the property; each fourplex contains 4,144 square feet
- Each building has two 2‑bedroom, 2‑bathroom units at 952 square feet and two 3‑bedroom, 2‑bathroom units at 1,120 square feet
Property Analytics
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Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Twenty apartments offer two- and three-bedroom layouts with private patios and assigned covered parking.
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: Five single‑story fourplexes with 20 apartment units; 20,720 square feet across the property; each fourplex contains 4,144 square feet; Each building has two 2‑bedroom, 2‑bathroom units at 952 square feet and two 3‑bedroom, 2‑bathroom units at 1,120 square feet
