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337 Colorado Ave., Rio Hondo, TX 78583

Rio Hondo
Local realty services provided by:CENTURY 21 Johnston Company
337 Colorado Ave.,Rio Hondo, TX 78583
$323,000
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  • - Beds
  • - Baths
  • 2,552 sq. ft.
  • Multi-family
  • Active
Listed by: jacquelyn wright
Office: marcus phipps real estate, llc.
MLS#:29778471
Source:TX_RGV

Price summary

  • Price:$323,000
  • Price per sq. ft.:$126.57

About this home

Turn-key, fully leased multi-family investment opportunity in a prime Rio Hondo location with excellent visibility just off the main road. This exceptionally maintained property features four units consisting of two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, with stable, long-term tenants already in place for immediate income. Recent improvements include a new roof (2025), rebuilt stairs (2024), replacement of cracked windows (2025), and freshly painted trim and stairs (2026). All water heaters have been replaced within the past three years, and all A/C units have been updated within the past eight years, providing added value and peace of mind. Conveniently located with easy access to shopping, dining, schools, and some of the area's best fishing, this well-maintained property is an excellent opportunity to add a quality, income-producing asset to your investment portfolio!

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Home facts

  • Year built:2004
  • Subdivision & Development:MORNING GLORY
  • Listing ID #:29778471
  • Added:57 day(s) ago
  • Updated:September 30, 2026 at 03:22 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Refrigerator
  • Living area:2,552 sq. ft.

Heating and cooling

  • Cooling:Central, Electric

Structure and exterior

  • Year built:2004
  • Building area:2,552 sq. ft.
  • Lot area:0.27 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:2 Stories

Schools

  • High school:RIO HONDO
  • Middle school:RIO HONDO
  • Elementary school:RIO HONDO

Utilities

  • Water:Public

Finances and disclosures

  • Price:$323,000
  • Price per sq. ft.:$126.57

Features and amenities

  • Amenities:Smoke Alarm(s)

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