Hidalgo County Foreclosures | Cameron County Foreclosures

Rio Grande Valley Foreclosures

Located just north of the Rio Grande River, Rio Grande Valley is a large region at the southern tip of Mexico. The area has some of the best bird and butterfly watching in the world, and its magnificent parks are accessible to the public throughout the year, making it a real draw for people throughout the country. Rio Grande Valley foreclosure real estate boasts a number of advantages, which include affordability, convenient locations close to schools and essential amenities, and a variety of property options.

Looking for foreclosed homes in Rio Grande Valley? View listings below to see some of the area's most recent foreclosures or keep on reading to learn more about these properties.

Search Rio Grande Valley Foreclosures

Search Rio Grande Valley Foreclosures

28 Properties Found. Page 1 of 3.
Photo of Listing #321327

740 Orange Street, Mercedes

$111,900 - 3 Beds, 2 Baths, 2,800 Sf

MLS® # 321327

Roxanne Rydell - Broker All Pro Realty, Inc.
Photo of Listing #318573

125 W Daffodil Avenue, McAllen

$114,900 - 4 Beds, 4 Baths, 1,962 Sf

MLS® # 318573

Jerry D. Warkentin Berkshire Hathaway HomeServices RGV Realty
Photo of Listing #320318

820 Dulce Drive, Alamo

$123,000 - 5 Beds, 3 Baths, 1,682 Sf

MLS® # 320318

Mark A. Becerra Keller Williams LRGV
Photo of Listing #318064

709 Hummingbird Avenue, Pharr

$127,000 - 3 Beds, 2 Baths, 1,283 Sf

MLS® # 318064

Francisco G. Pacheco Alliance Real Estate Group
Photo of Listing #321289

2319 Llano Grande Lane, Edinburg

$139,500 - 3 Beds, 3 Baths, 2,588 Sf

MLS® # 321289

Dana L. Rowell - Broker Owners.com
Photo of Listing #314875

1714 Morningside Drive, Brownsville

$149,900 - 5 Beds, 5 Baths, 3,100 Sf

MLS® # 314875

Randy Klassen RE/MAX Platinum
Photo of Listing #318024

105 Sparrow Lane, Rio Grande City

$150,000 - 3 Beds, 3 Baths, 2,249 Sf

MLS® # 318024

Cecilia Ceci Olivarez HCH Realty
Photo of Listing #321152

3929 Swallow Avenue, McAllen

$160,000 - 3 Beds, 3 Baths, 2,480 Sf

MLS® # 321152

Randy Klassen RE/MAX Platinum
Photo of Listing #321002

100 W Moore Road, Pharr

$164,900 - 3 Beds, 2 Baths, 2,204 Sf

MLS® # 321002

Lisa B. Helle Gaston Properties
Photo of Listing #320880

710 E Clam Circle, Port Isabel

$165,000 - 2 Beds, 2 Baths, 900 Sf

MLS® # 320880

Randy Klassen RE/MAX Platinum
Photo of Listing #322760

110 E Scallop Drive, Port Isabel

$170,000 - 2 Beds, 2 Baths, 1,296 Sf

MLS® # 322760

Amber Carrillo Vylla Home
Photo of Listing #318355

2411 Biltmore Avenue, Edinburg

$175,900 - 3 Beds, 3 Baths, 2,215 Sf

MLS® # 318355

Norma Wise Wise Properties

To learn more about how to purchase a foreclosure in Rio Grande Valley, register with RGV Realty.

About Rio Grande Valley Foreclosed Homes

Rio Grande Valley commercial listings that have been foreclosed on could be the way to go if you're in the market for a great deal at an affordable price. While there are more steps to purchasing a foreclosure, the benefits can outweigh said steps. Location, weather, and convenience are some great reasons to buy a property in Rio Grande Valley, along with a welcoming atmosphere and a real variety when it comes to property type.

Because Rio Grande Valley was established in the early 1900s, you can check out historical properties as well as more modern ones. Architecture styles vary from Spanish to traditional to modern contemporary, and living spaces can be up to 9,000 square feet or more; land can be up to 2 acres or more. Reasonable prices start at around $100,000.

Some of the most unique properties can be purchased through a foreclosure, including custom estates and renovated single-family homes. Explore houses that were built as far back as the 1920s or check out a fixer-upper that you can rebuild almost from scratch and turn it into your dream home.

More than the actual properties, Rio Grande Valley boasts quick and easy access to schools and medical services like New Start School, South Texas College, and McAllen Medical Center. Convenient transit systems are available, too, and many essential amenities are within walking distance depending on where you live.

Living in Rio Grande Valley

When you live in Rio Grande Valley, you have ample access to all kinds of exciting things to do and places to visit. If you’re interested in shopping and dining in the region, have a look below at some of the best ones to choose from:

  • La Plaza Mall
  • Sunrise Mall
  • Valle Vista Mall
  • Delia's
  • Frida's Grill and Cantina

Because Rio Grande Valley has such a fascinating and long history, there are plenty of exceptional museums and historical places to visit. Have a look at the Quinta Museum, the International Museum of Art & Science, or The McAllen Heritage Center.

For those who love to fish, the Laguna Madre is a bay with some of the best fishing in the entire state. Charters and guides are readily available if you don’t want to go out on your own. Some of the most exciting fish to catch include Black Drum, Red Drum, and Sea Trout.

Buying a Foreclosure

At RGV Realty, we have helped dozens of buyers purchase foreclosures throughout the Rio Grande Valley. Buying a home can be challenging. Getting a foreclosure adds a few more obstacles.

  • Preapproval Letter - Sellers will not review an offer without one and the best properties sell quickly. Apply Here
  • House Condition (AS IS) - Many homes are damaged and missing items like AC, water heater, cabinets, etc. It is important to understand only some foreclosures might qualify for your loan program.
  • Repairs (FHA Loans) - A few sellers might make minor repairs to qualify for an FHA loan. These repairs need to be addressed early in the process.
  • Price - It usually reflects its condition and the discount of being a foreclosure. Huge discounts apply to the worst properties that cannot be financed. The best foreclosures attract multiple bids. We will assist you with price negotiation.

After you have been approved by your lender, contact us and we can help you with any of the properties below. RGV Realty is also a HUD Broker and has access to property owned by the U.S. Government.

Foreclosures for Sale by County

Are you looking for a great deal on a home or buying an investment property in the Rio Grande Valley? A foreclosure may be the answer. Search our free list of foreclosure homes, REO (real estate owned) homes and bank-owned properties for sale in Hidalgo County. Our list is compiled directly from the Greater McAllen MLS. These properties are actually "For Sale", unlike many foreclosure websites that make you pay for access to their data. Our properties have already resolved any title issues and are priced to sell quickly.

If you would like to receive email updates as new foreclosures are added to our free list, please register and send us a quick message. We can help you set up a saved search for specific cities, price ranges or property types. Remember, it is important to speak with a lender early in the process since the best foreclosures sell fast!

With our years of experience, we can help the first time buyers step-by-step through the process of buying a foreclosure.

Get in touch with RGV Realty to book home viewings and to learn all there is about real estate trends in Rio Grande Valley, Texas.

The information being provided by the Greater McAllen Association of REALTORS®, INC. is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.