106 S Arroyo BLVD Rio Hondo, TX 78583
552 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 552 sqft
Subdivision Rio Hondo Original Townsite
MLS Listing ID 501668
HOA Y/N No
Year Built 1990
Annual Tax Amount $1,582
Tax Year 2025
Lot Size 0.287 Acres
Acres 0.287
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
The property sits in a quiet, laid-back area near the water, that can be upgraded seeking long-term renters as well as seasonal tenants or Airbnb looking for a more relaxed environment. With limited rental options in Rio Hondo, demand has remained steady.
There is clear upside for the next owner—whether through increasing rents, leasing out additional spaces, adding more units, or updating existing ones to maximize returns.
If you're looking for something a little different from the typical multifamily property, this offers income today with the flexibility to expand and improve over time.
Location
State TX
County Cameron
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Other
Cooling Wall Unit(s), Window Unit(s)
Flooring Other
Appliance Water Heater (Other), Other
Laundry None
Exterior
Exterior Feature Mature Trees, Other
Fence Chain Link, Other, Wood
Community Features None
Waterfront Description Waterfront
View Y/N No
Roof Type Other
Garage No
Building
Lot Description Mature Trees
Faces Coming in to Rio Hondo through the Arroyo Colorado Lift bridge going west. Make a right on S Arroyo blvd, property will be on your right.
Story 1
Foundation Combination, Other, Pillar/Post/Pier, Slab
Sewer City Sewer, Other
Structure Type Other
New Construction No
Schools
Elementary Schools Rio Hondo
Middle Schools Rio Hondo Junior High
High Schools Rio Hondo H.S.
Others
Tax ID 5500005100001000