283 Nicolas Lopez St Rio Grande City, TX 78582
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 283 Nicolas Lopez St
- Year built
- 2001
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a two-unit duplex ideally situated in the rapidly expanding Rio Grande City, Texas. Located just one block from Highway 83, this property boasts unparalleled convenience and accessibility. Built in 2001, the single building sits on a generous 5,249.85 square foot lot. Each of the two identical units offers two bedrooms and one bathroom, providing comfortable and functional living spaces for tenants. The property's strategic location and the strong rental demand in the area make it an attractive prospect for investors seeking a stable and profitable income stream. The asking price of $80,000 represents a compelling value for a turnkey investment property in a thriving market. This duplex presents a rare chance to acquire a well-maintained, income-producing asset in a high-growth region of the Rio Grande Valley. The identical unit layouts simplify management and maintenance, further enhancing the property's appeal to discerning investors. Don't miss this chance to secure a piece of the Rio Grande Valley's burgeoning real estate market. This property is priced to sell quickly.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rio Grande City
- County
- Starr
- State
- Texas
- Longitude
- -98.6641
- Latitude
- 26.3151
