5007 E US Highway 83 Rio Grande City, TX 78582
Property details
About 5007 E US Highway 83
Amazing opportunity to pick up 32 units in South Texas. Renovations have been done to the property over the last 4 years including roofs, A/C units, parking area, and appliances. Although income has been steadily increasing, there is still room to raise rents. The region has been growing and developing rapidly and rental demand is strong. - A/C Units updated in some units. -Roof replaced as of 2021 -Some units have been renovated including new and/or refurbished appliances -Parking area has been updated -Close proximity to shopping and restaurants.
Highlights
Summary
- Appliances: Range, Cooktop, Electric Water Heater, Refrigerator
- Flooring Type: Tile
- Interior: Ceiling Fan(s), Other, Walk-In Closet(s)
- Parking: No Garage
- Exterior: Other
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $1,800,000
- Price/SqFt: $67
- Annual Tax Amount: $11,339
- Tax Year: 2024
- Lot: Corner Lot
- Directions: WEST on US Hwy 83. Located on NORTH side of US Hwy 83 after North La Perica Street, before reaching N Blanca Rd.
- Year Built: 2005
- Stories: 2
- Living Area: 26,770 SqFt
- Lot Size: 0.913 Acres
- MLS Number: 460561
- MLS Name: McAllenTX
- Office Name: JUST Realty
- Listing Agent: Monica Rodriguez Garza
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/6/2025, 12:15:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,800,000
5007 E US Highway 83
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,094,940 | $11,339 |
| 2023 | $988,770 | $11,339 |
| 2022 | $988,770 | $11,339 |
| 2021 | $988,770 | $11,853 |
| 2020 | $339,240 | $- |
History based on county public records data.
Nearby schools
2
John & Olive Hinojosa Elementary School
Public Magnet PK-5
0.5 mi
•2448 Embassy St
5
Dr Mario E Ramirez Elementary School
Public Magnet PK-5
1.3 mi
•8001 Trophy Rd
6
Ringgold Elementary School
Public Magnet PK-5
1.8 mi
•1 S Fort Ringgold St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,181. The most common annual income of people living in Rio Grande City, TX is less than $<35k. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Extreme Sports
Motocross
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
GameStop
Where do the neighbors go to eat?
Sonic
Little Caesars
Bob Evans
What do the neighbors drive?
Oldsmobile
Chevrolet
Jeep
What do the neighbors listen to?
Contemporary Inspirational
Country- Oldies
Frequently asked questions
About 5007 E US Highway 83
The listing price of 5007 E US Highway 83 property is $1,800,000.
The property 5007 E US Highway 83 is a condo located in Rio Grande City, Texas, 78582.
Active Listing: 5007 E US Highway 83 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5007 E US Highway 83 are: John & Olive Hinojosa Elementary School (GreatSchools Rating 2/10), Dr Mario E Ramirez Elementary School (GreatSchools Rating 5/10), Ringgold Elementary School (GreatSchools Rating 6/10), Ringgold Middle School (GreatSchools Rating 4/10), Veterans Middle School (GreatSchools Rating 5/10), Idea Rio Grande City College Preparatory (GreatSchools Rating 5/10), Rio Grande City High School (GreatSchools Rating 5/10), Preparatory for Early College High School (GreatSchools Rating 8/10), Rio Grande City Cisd Grulla High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $11,339 (source: MLS/based on county public records data).
The property at 5007 E US Highway 83 has 0 bathroom.
The property 5007 E US Highway 83 is 26,770 SqFt (source: MLS/tax record).
The year of construction for 5007 E US Highway 83 is 2005.
This home is located at 5007 E US Highway 83 in Rio Grande City, TX and zip code 78582. This 26,770 square foot home, which was built in 2005, sits on a 0.91 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $1,800,000.