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40-Unit Apartment Community
For Sale
$3,360,000

1214 Cornerstone Loop Rio Grande, Rio Grande City, TX 78582

Multifamily property comprising varied two- and three-bedroom floor plans across multiple residential lots.

Property Size40,432 SF
Days on Market199

Property Features for 1214 Cornerstone Loop Rio Grande

General Information

Standard status Active
Size 40,432 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 27 x 2BD/1BA, 13 x 3BD/2BA
Multifamily Units 40

Amenities

Central
Central Air
Electric Water Heater
Dryer
Refrigerator
Stove/Range
Washer
Shingle

Building Details

Building Size 40,432 SF
Year Built 2007
Listing Agency: Keller Williams Realty Rgv
Listed By: Jaime Lee Gonzalez · License #713189
Source: Kw
Added: Feb 13 Changed: Aug 31 Last Checked: Aug 31 at 12:46AM

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 Keller Williams Realty Rgv

Investment Insights

Based on property information with market context.

This apartment property includes 40 residential units arranged across 10 subdivision lots. The unit mix consists of 27 two-bedroom, one-bath residences and 13 three-bedroom, two-bath residences, with each unit offering approximately 1,103 square feet of living area. Constructed in 2007, the property contains approximately 40,432 square feet overall.

The property is located at 1214 Cornerstone Loop in Rio Grande City, with access from Cornerstone Loop and Cedarwood Dr. Highway 83, municipal offices, shopping, and dining are identified in the surrounding access profile. The combination of unit scale, multiple-bedroom layouts, and established construction provides a clearly defined multifamily configuration.

Key Highlights

  • 40 residential units distributed across 10 subdivision lots
  • Unit mix includes 27 2BD/1BA and 13 3BD/2BA residences
  • Each unit offers approximately 1,103 square feet of living space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Dental Office Butcher Nail Salon Skin Care Clinic Spa & Massage Center

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

40
Residential units
Yes
Highway access
Yes
Paved road access

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

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?
Apartment building - Multifamily property comprising varied two- and three-bedroom floor plans across multiple residential lots.
Where is this apartment building located?
The property is located at 1214 Cornerstone Loop Rio Grande 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: 40 residential units distributed across 10 subdivision lots; Unit mix includes 27 2BD/1BA and 13 3BD/2BA residences; Each unit offers approximately 1,103 square feet of living space
More about this property
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