36 Alegria Cir Rio Grande City, TX 78582
This exceptional investment opportunity presents two fully renovated duplexes situated on a spacious 21,780 square foot lot in Rio Grande City, Texas, zip code 78582. Each unit boasts three bedrooms and two bathrooms, offering comfortable living spaces for tenants. The property, built in 1997, has undergone significant upgrades, including brand new water heaters, a new metal roof, and new air conditioning units. Modern granite countertops add a touch of elegance to the kitchens. Ample parking is available with four designated spaces. Currently fully leased, this property offers immediate cash flow and a strong return on investment. The dual-building structure provides flexibility
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.