5302 Vision St La Grulla, TX 78582
Exceptional investment opportunity awaits with this newly constructed three-unit apartment building located at 5302 Vision Street, Rio Grande City, Texas, 78582. This property boasts a prime location near major shopping centers, schools, hospitals, and highways, ensuring high tenant demand. The complex comprises two buildings, each featuring two-bedroom, one-bathroom units, totaling three units in all. Built in 2024, this property sits on a spacious 5,719.86 square foot lot. The asking price is $330,000. Tenants are responsible for their own utilities, minimizing owner expenses and maximizing rental income potential. The property's strategic location and the potential for strong rental income make this a stable investment with significant long-term growth prospects. This is a rare opportunity to acquire a newly built multifamily property in a thriving market, offering immediate cash flow and substantial future appreciation. Don't miss this chance to secure your position in this dynamic real estate market. Projected completion is within eight weeks.
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.