Property profile

5308 Vision St La Grulla, TX 78582

OFF-MARKET
Apartment buildings
Built 2024
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, three-unit apartment building located at 5308 Vision Street, Rio Grande City, Texas, 78582. Built in 2024, this property sits on a 5,719.86 square foot lot and offers a compelling return for investors. Each of the three units boasts modern construction and premium finishes, including sleek quartz countertops in both the kitchen and bathrooms. The contemporary design features stylish tile flooring throughout, in-unit washers and dryers for added convenience, and open floor plans that maximize living space. Modern bathroom fixtures complement the overall aesthetic. The property's location in a rapidly growing area of Rio Grande City makes it an ideal investment for those seeking strong rental income potential or a combination of owner-occupancy and rental income. The asking price is $340,000. This turnkey property requires no immediate capital improvements and is ready for immediate occupancy. Don't miss this chance to acquire a high-quality, newly constructed multifamily property in a thriving Texas market.

Property profile

Verified
Property type Apartment buildings
Year built 2024

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5308 Vision St La Grulla, TX 78582
La Grulla metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5308 Vision St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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