Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Lot in Arroyo City Title is generated by Realmo AI

    36245 Aztec Cove, Rio Hondo, TX 78583

    View on Map
    Claim this Listing
    For Sale
    $265,000

    Residential Lots - Arroyo City, TX

    Type:Single Family Residence
    Lot size:
    0.13 Acres
    Added:
    May 8, 2026
    Days on Market:
    11
    Last Refresh:
    May 18 at 9:06 pm

    Property Features for 36245 Aztec Cove

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    RES
    Standard status
    Active
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2000

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Ryan De La Rosa
    Ryan De La Rosa

    Listing agent Ryan De La Rosa

    Listing office Legacy Realty Group RGV 1210 E. Tyler Ave., Harlingen, TX

    Listing date May 8, 2026

    MLS# 104933 Listing URL

    Copyright © 2026 South Padre Island Board 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.

    HighLights

    • Waterfront lot in Arroyo City, a prime fishing destination in South Texas.
    • New 20x40 fishing pier with 12' docking space and future slip potential.
    • Equipped with two 1000‑watt green fishing lights for nighttime fishing.
    • Septic system already in place.
    • Private location on a quiet road, offering privacy and secure parking.
    • Suitable for building a coastal home, investment, or weekend RV retreat.

    Overview

    This waterfront lot is located in Arroyo City, a fishing destination in South Texas. Measuring 52.5' x 110', it offers a retreat from everyday life. A 20x40 fishing pier includes a 12' docking space for a boat and potential for a future slip. The pier is equipped with two 1000-watt green fishing lights. A metal canopy provides shade near the water. The property has a septic system in place. Located on a private road off the main roadway, the property offers privacy and secure parking. It is suitable for building a coastal home, investment, or a weekend RV retreat.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Rio Hondo
    County
    Cameron
    State
    Texas
    Longitude
    -97.4624
    Latitude
    26.2617

    Nearby Similar for Sale

    • $295,000
      552 SF

      Waterfront Income Property in Rio Hondo

      Income-producing waterfront property with cabins, mobile homes, and RV rentals.
      106 S Arroyo Boulevard, Rio Hondo, TX 78583
      View Details
    • $140,000

      Residential Lot Near Fishing Spots

      Residential lot with trailer near popular fishing spots.
      35176 FM 106, RIO HONDO, TX 78583
      View Details
    • $74,000

      Vacant Land in Rio Hondo

      Vacant land available for sale in Rio Hondo, Texas.
      29656 GUAJARDO RD., RIO HONDO, TX 78583
      View Details
    • $150,000

      Rio Hondo Acreage for Sale

      One acre of land suitable for country living.
      35116 FERNANDO EAST RD., RIO HONDO, TX 78583
      View Details
    • $888,000

      Rio Hondo Wildlife Retreat Land

      Undeveloped 111-acre wildlife sanctuary bordering The Conservation Fund.
      Tract 1 Fernando E Road, Rio Hondo, TX 78583
      View Details
    • $99,000

      Residential Land in Rio Hondo,TX

      1.79 acre residential land for sale in Rio Hondo.
      FM 106 lot: 3, RIO HONDO, TX 78583
      View Details
    • $99,000

      Residential Land in Rio Hondo, TX

      1.62 acre residential land for sale in Rio Hondo.
      FM 106 lot: 2, RIO HONDO, TX 78583
      View Details
    • $134,000

      Rio Hondo Land For Sale

      2.52 acre lot in Bridgeview Subdivision, Rio Hondo, TX.
      FM 106 lot: 1, RIO HONDO, TX 78583
      View Details
    • $180,000

      Rio Hondo Acreage Opportunity

      10.03 acre lot near downtown Rio Hondo, Texas.
      ROBERTSON RD. lot: Tract 6, RIO HONDO, TX 78583
      View Details
    • $197,000

      Residential Lot in Arroyo City

      Spacious lot in fishing community, ideal for building a home.
      36884 Marshall Hutt, Rio Hondo, TX 78583
      View Details
    • $99,999

      Residential Land in Rio Hondo

      1.76 acre residential land for sale in Rio Hondo, TX.
      FM 106 lot: 4, RIO HONDO, TX 78583
      View Details
    • $399,000

      Arroyo River Waterfront Land

      2.14 acres of land along the scenic Arroyo River.
      34063 & 34039 FM 2925, Rio Hondo, TX 78583
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront lot with fishing pier in desirable Arroyo City.
    Where is this waterfront land located?
    The property is located at 36245 Aztec Cove Rio Hondo, TX.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Waterfront lot in Arroyo City, a prime fishing destination in South Texas.; New 20x40 fishing pier with 12' docking space and future slip potential.; Equipped with two 1000‑watt green fishing lights for nighttime fishing.
    (956) 434-2430
    We can help!
    Listing Contact
    Ryan De La Rosa
    Ryan De La Rosa
    Real Estate License ID: 0739076
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    36245 Aztec Cove, Arroyo City, TX 78583
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!