Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    220 Huisache St Rio Grande City, TX 78582

    Sponsored
    For Sale
    $245,000

    Three-unit apartment building, high NOI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a well-maintained three-unit apartment building located at 220 Huisache Street, Rio Grande City, Texas, 78582. Constructed in 2008, this property sits on a spacious 11,499.84 square foot lot. The building comprises three individual units, each boasting two bedrooms and two bathrooms, complete with convenient washer and dryer hookups. Each unit also offers covered parking for two vehicles. This triplex has a proven track record of consistent occupancy, demonstrating a high net operating income (NOI) with minimal vacancies over the years. The asking price for this property is $245,000. Note that two additional triplexes in close proximity are also available for purchase from the same seller. This presents a unique opportunity to acquire a portfolio of similar properties in a desirable location. The property's strong rental history and desirable features make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the Rio Grande City market. This is a turnkey investment ready for immediate income generation.

    Property Features for 220 Huisache St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2008
    Buildings
    1
    Units
    3

    HighLights

    • Three‑unit apartment building in Rio Grande City, TX.
    • Built in 2008, situated on an 11,499.84 sq ft lot.
    • Each unit features two bedrooms, two bathrooms, and washer/dryer hookups.
    • Each unit includes covered parking for two vehicles.
    • Strong rental history with high NOI and low vacancy.
    • Asking price: $245,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.8407865
    Latitude
    26.3899266

    Nearby Similar for Sale

    • $338,000
      2,485 SF

      Modern Triplex Investment Property

      New modern triplex in Rio Grande City, premium investment.
      5321 Vision St, Rio Grande City, TX 78582
      View Details
    • $780,000
      5,643 SF

      Automotive Repair Business Opportunity

      Specialized automotive repair business with multiple bays and ample parking.
      3506 W Us Hwy 83 Hwy, Rio Grande City, TX 78582
      View Details
    • $1,700,000
      23,900 SF

      Rio Grande City Commercial Property

      Commercial property on 1.5 acres with multiple buildings.
      1926 W Us Highway 83, Rio Grande City, TX 78582
      View Details
    • $338,000
      2,485 SF

      Modern Triplex Investment Property

      New, modern triplex in Rio Grande City, premium investment.
      5302 Vision St, Rio Grande City, TX 78582
      View Details
    • $325,000
      2,028 SF

      Downtown Rio Grande City Commercial

      Prime commercial property in historic downtown Rio Grande City.
      107 N Flores St, Rio Grande City, TX 78582
      View Details
    • $289,500
      2,210 SF

      New Duplex in Rio Grande

      New duplex in Rio Grande City near shopping and schools.
      5316 Vision St, Rio Grande City, TX 78582
      View Details
    • $338,000
      2,485 SF

      Modern Triplex Investment Property

      New modern triplex in Rio Grande City, TX.
      5323 Vision St, Rio Grande City, TX 78582
      View Details
    • $495,000
      4,800 SF

      Fully Leased Quadruplex Investment Property

      Quadruplex near Hwy 83, city offices, shopping, and dining.
      1204 Cornerstone Loop, Rio Grande City, TX 78582
      View Details
    • $175,000
      1,802 SF

      Charming Duplex in Rio Grande

      Comfortable duplex with modern amenities and convenient location.
      144 Redwood Rd, Rio Grande City, TX 78582
      View Details
    • $199,900
      1,900 SF

      Newer Duplex in Rio Grande

      Charming duplex with modern amenities, ideal for investors.
      186 Benwood Rd, Rio Grande City, TX 78582
      View Details
    • $825,000
      8,300 SF

      Rio Grande City Commercial Property

      8300 SF commercial building suitable for medical, retail, or office.
      5448 E Us Highway 83, Rio Grande City, TX 78582
      View Details
    • $275,000
      3,150 SF

      Rio Grande City Office Space

      Prime location office space available in Rio Grande City, Texas.
      5346 E Us Hwy 83 Hwy, Rio Grande City, TX 78582
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Three-unit apartment building, high NOI.
    Where is this multifamily property located?
    The property is located at 220 Huisache St Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Three-unit apartment building in Rio Grande City, TX.; Built in 2008, situated on an 11,499.84 sq ft lot.; Each unit features two bedrooms, two bathrooms, and washer/dryer hookups.
    Request Owner's contact information
    220 Huisache St Rio Grande City, TX 78582
    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.
    220 Huisache St
    Rio Grande City, TX 78582
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    220 Huisache St Rio Grande City, TX 78582
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.