302 Papalote RD, Rio Grande City, TX 78582
302 Papalote RD, Rio Grande City, TX 78582
302 Papalote RD, Rio Grande City, TX 78582
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Element Realty

Element Realty

+1(956) 624-7036
Listed by BIG Realty
$ 429,000

4,650 SqFt

Save
$ 429,000
Save

4,650 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,650 sqft

Subdivision Mi Ranchito Estates

MLS Listing ID 505385

HOA Y/N No

Year Built 2018

Annual Tax Amount $8,108

Tax Year 2026

Lot Size 449 Sqft

Acres 0.0103

Property Sub-Type Commercial

Source Greater McAllen

Property Description

Investor opportunity in a growing area! This fully occupied 5-unit multifamily property offers immediate rental income with strong long-term potential. Each unit features 2 bedrooms and 2 bathrooms, providing an attractive and functional layout for tenants. This income-producing property is ideal for investors seeking steady cash flow and portfolio expansion. Well-maintained and fully leased, the complex offers consistent occupancy appeal with spacious layouts designed for comfortable living. Conveniently located near schools, shopping, dining, and major roadways, this property combines accessibility with strong rental demand. Excellent opportunity to own a turnkey investment property with multiple streams of income already in place. Properties like this are increasingly difficult to find — secure a valuable asset with immediate revenue potential and room for future appreciation.

Location

State TX

County Starr

Interior

Heating Central

Cooling Central Air

Flooring Tile

Appliance Electric Water Heater

Exterior

Garage Spaces 12.0

View Y/N No

Roof Type Shingle

Total Parking Spaces 12

Garage Yes

Building

Lot Description See Remarks

Faces From US Highway 83 in Rio Grande City, head north on Hernandez Rd/Corrales Rd for approximately 0.7 miles. Turn left onto Corrales Rd, then make a right onto Papalote Rd. Property will be located a short distance ahead at 302 Papalote Rd, Rio Grande City, TX 78582.

Story 1

Structure Type Stucco

New Construction No

Others

Tax ID 119500000004200000000

Element Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(956) 624-7036

admin@theelementrealty.com

2713 Cornerstone Blvd, Edinburg, Texas, 78539, USA

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302 Papalote RD