About 53 Albeza Avenue
Amazing 4-unit apartment in Rio Grande City, TX 78582. Fully occupied fourplex featuring four 2-bedroom, 1-bath units with strong rental income. Current rents $850–$900 per unit with upside potential to $1,000. Generates approx. $42,480 in gross annual income. Fully gated property offering a shared backyard, 1-garage/storage, and two parking spaces per unit. Turnkey investment ideal for both first-time and experienced investors.
Features of 53 Albeza Avenue
| MLS® # | 490670 |
|---|---|
| Price | $324,500 |
| Square Footage | 3,620 |
| Acres | 0.19 |
| Year Built | 1991 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 53 Albeza Avenue |
|---|---|
| Subdivision | Campo Verde |
| City | Rio Grande City |
| County | Starr |
| State | TX |
| Zip Code | 78582 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | No Garage |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet, None, Washer/Dryer Connection |
| Community Amenities | None |
Interior
| Interior Features | Ceiling Fan(s), Walk-In Closet(s), Washer |
|---|---|
| Appliances | Electric Water Heater, Refrigerator, Stove/Range |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Total # of Units | 4 |
| # of Buildings | 1 |
Exterior
| Exterior Features | Manual Gate, None |
|---|---|
| Lot Description | Corner Lot, Curb & Gutters, Irregular Lot |
| Roof | Shingle |
| Construction | Brick, Stucco |
| Foundation | Slab |
School Information
| District | Rio Grande ISD |
|---|---|
| Elementary | Sanchez |
| Middle | Veterans |
| High | Rio Grande City H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Property Insurance | $3,988 |
| Gross Income | $33,668 |
| HOA Association | No |
Listing Details
| Agent | Elvia Lopez |
|---|---|
| Office | JSL Living, LLC |
| Contact Info | 956-379-0500 |