106 S Arroyo Boulevard, Rio Hondo, TX 78583

Local realty services provided by:CENTURY 21 Johnston Company
106 S Arroyo Boulevard,Rio Hondo, TX 78583
$295,000
  • - Beds
  • - Baths
  • 552 sq. ft.
  • Multi-family
  • Active
Listed by: erasmo arjona
Office: re/max elite
MLS#:501668
Source:TX_GMAR

Price summary

  • Price:$295,000
  • Price per sq. ft.:$534.42

About this home

Great opportunity to own a waterfront, grand-fathered, income-producing property in Rio Hondo. This unique setup includes a mix of cabins, mobile homes, RV rentals, and pad sites, creating multiple streams of income within one property. It’s already cash flowing with tenants in place, while still offering room to grow. City is not granting RV permits for this location anymore. 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.

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Home facts

  • Year built:1990
  • Listing ID #:501668
  • Added:9 day(s) ago
  • Updated:April 13, 2026 at 10:48 PM

Rooms and interior

  • Living area:552 sq. ft.

Heating and cooling

  • Cooling:Wall Unit(s), Window Unit(s)

Structure and exterior

  • Year built:1990
  • Building area:552 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Mature Trees, Waterfront
  • Exterior Features:Chain Link, Mature Trees
  • Foundation Description:Combination, Pillar/Post/Pier, Slab

Schools

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

Utilities

  • Sewer:City Sewer

Finances and disclosures

  • Price:$295,000
  • Price per sq. ft.:$534.42
  • Tax amount:$1,582

Features and amenities

  • Amenities:Mature Trees

Parking

  • Parking description:Other Garage or Carport