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
$280,000
- - Beds
- - Baths
- 552 sq. ft.
- Multi-family
- Active
Listed by: erasmo arjona
Office: re/max elite
MLS#:501668
Source:TX_GMAR
Price summary
- Price:$280,000
- Price per sq. ft.:$507.25
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.
Contact an agent
Home facts
- Year built:1990
- Listing ID #:501668
- Added:132 day(s) ago
- Updated:August 24, 2026 at 09:53 AM
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 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:$280,000
- Price per sq. ft.:$507.25
- Tax amount:$1,582
Features and amenities
- Amenities:Mature Trees
Parking
- Parking description:Other Garage or Carport
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