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Commercial Land with Two Homes
For Sale
$645,000

6505 E Business Hwy 83, Rio Grande City, TX 78547

Residential Income, Rio Grande City, TX

Property Size2,575 SF
Lot Size4.01 Acres
Price / SF$250.49
Days on Market130

Property Features for 6505 E Business Hwy 83

General Information

Property type Residential Multi Family
Property subtype Other
Parking features None
Patio and Porch features Patio
Fencing Chain Link
Appliances Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Subdivision Vela
Lot features Mature Trees
Elementary school La Union
Middle school Grulla
High school Grulla H.S.
Elementary school district Rio Grande ISD
Middle school district Rio Grande ISD
High school district Rio Grande ISD
Directions Head west on Business Highway 83. The property is located on the right side of the roadway, just past the sign that reads "8 miles to Rio Grande City."
Standard status Active
APN 001780900002900000900
Size 2,575 SF
Lot size 4.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1378

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2017
Floors in Building 1
Number of units 2
Building materials Solid Masonry, Wood Siding
Roof type Composition
Listing Agency: Keller Williams Realty RGV
Listed By: Maggie Harris · License #TREC#0530155
Added: Jun 8 Changed: Sep 4 Last Checked: Oct 15 at 7:06PM
MLS# 493571

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.

This 4.01-acre commercial land property includes two remodeled homes with a combined property size of 2,575 square feet. The residences offer existing improvements for rental income or interim occupancy while the larger tract is evaluated for future commercial use. Furniture conveys with the property.

Located at 6505 E Business Hwy 83 in Rio Grande City, the site benefits from frontage along a business highway and is positioned within Starr County. The improvements were built in 2017 and feature central heating and central air, composition roofs, chain-link fencing, patios, and solid masonry and wood siding. Appliances include refrigerators, stove/ranges, washers, dryers, and electric water heaters.

Key Highlights

  • 4.01‑acre commercial land tract at 6505 E Business Hwy 83, Rio Grande City, TX 78547
  • Two remodeled homes included on the property
  • Combined property size of 2,575 square feet

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 78547, TX

413
Population
194
Households
2.1
Avg Household Size
26
Median Age
23%
College-Educated
23%
High-School Grad
1.9 sq mi
ZIP Area
217
Density / Sq Mi
$11,114
Median Household Income
$10,917
Median Earnings
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Highway-front commercial tract with two remodeled homes offering interim occupancy or rental use while future plans are evaluated.
Where is this commercial land located?
The property is located at 6505 E Business Hwy 83 Rio Grande City, TX.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 4.01‑acre commercial land tract at 6505 E Business Hwy 83, Rio Grande City, TX 78547; Two remodeled homes included on the property; Combined property size of 2,575 square feet
More about this property
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