302 Papalote Road, Rio Grande City, TX

$429,000

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4,650

Square feet

0.01

Acres

About 302 Papalote Road

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.

Features of 302 Papalote Road

MLS® # 505385
Price $429,000
Square Footage 4,650
Acres 0.01
Year Built 2018
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 302 Papalote Road
Subdivision Mi Ranchito Estates
City Rio Grande City
County Starr
State TX
Zip Code 78582

Amenities

Parking Spaces 12
Parking Handicap, Paved

Interior

Appliances Electric Water Heater
Heating Central
Cooling Central Air

Exterior

Lot Description See Remarks
Roof Shingle
Construction Stucco

Additional Information

Foreclosure No
Short Sale No
Present Use Other
Accessibility Handicap Access
Presently Leased Yes
Annual Tax $8,108
HOA Association No

Listing Details

AgentKenneth De La Cerda
OfficeBIG Realty
Contact Info956-416-5055

Listing Map

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