5323 Vision St La Grulla, TX 78582
Exceptional investment opportunity awaits with this three-unit apartment building located at 5323 Vision Street, Rio Grande City, Texas, 78582. This newly constructed property, estimated for completion within eight weeks, boasts two buildings situated on a spacious 5,719.86 square foot lot. Each of the three units features two bedrooms and one bathroom, offering comfortable living spaces for tenants. The property's prime location near major shopping centers, schools, hospitals, and highways ensures high tenant demand and occupancy rates. Tenants are responsible for their own utilities, minimizing the owner's operational expenses. Built in 2024, this multifamily property presents a stable income stream and significant potential for long-term appreciation. The asking price is $330,000. This represents a compelling opportunity to capitalize on the thriving Rio Grande City real estate market and secure a valuable asset with strong rental potential. Don't miss this chance to acquire a turnkey investment property in a desirable location. The property is conveniently located in Starr County, Texas, offering easy access to key amenities and transportation routes. This is a rare opportunity to acquire a newly constructed multifamily property in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.