$10,000
closing credit¹
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
- MLS Number: 446030
- 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: 1/31/2025, 10:15:56 PM 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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0.5% sale price²
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
6
John & Olive Hinojosa Elementary School
Public Magnet PK-5
0.5 mi
•2448 Embassy St
7
Dr Mario E Ramirez Elementary School
Public Magnet PK-5
1.3 mi
•8001 Trophy Rd
7
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. Typical income of Rio Grande City, TX residents is less than $<35k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
About 5007 E US Highway 83
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 December 2, 2024 and is currently priced at $1,800,000.