283 Nicolas Lopez St Rio Grande City, TX 78582
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.
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
Similar Nearby for Lease
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.