5007 E Us Highway 83, Rio Grande City, TX 78582

Local realty services provided by:CENTURY 21 Johnston Company
5007 E Us Highway 83,Rio Grande City, TX 78582
$1,590,000
  • - Beds
  • - Baths
  • 26,770 sq. ft.
  • Multi-family
  • Active
Listed by: jacob galvan
Office: ursa real estate
MLS#:497170
Source:TX_GMAR

Price summary

  • Price:$1,590,000
  • Price per sq. ft.:$59.39

About this home

This 32-unit multi-family property, located on the north side of US Highway 83, presents an amazing opportunity to acquire a stabilized asset in a rapidly growing South Texas market. The property consists of five buildings situated on approximately 1.72 acres. Recent major renovations include new roofs (2021),a new concrete parking lot, and refurbished appliances in most of the units.

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Home facts

  • Year built:2005
  • Listing ID #:497170
  • Added:51 day(s) ago
  • Updated:April 14, 2026 at 03:36 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Refrigerator, Stove/Range
  • Living area:26,770 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2005
  • Building area:26,770 sq. ft.
  • Lot area:0.91 Acres
  • Construction Materials:Brick, HardiPlank Type
  • Foundation Description:Slab

Schools

  • High school:Rio Grande City H.S.
  • Middle school:Rio Hondo Junior High
  • Elementary school:Ramirez

Utilities

  • Water:Electric Water Heater
  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,590,000
  • Price per sq. ft.:$59.39
  • Tax amount:$30,722

Features and amenities

  • Appliances:Refrigerator, Stove/Range