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Investment Highlights

  • cConvenient access to Hwy 83

Executive Summary

Large-scale multifamily investment opportunity featuring 40 residential units distributed across 10 subdivision lots in Rio Grande City. The well-balanced unit mix includes 27 2BD/1BA units and 13 3BD/2BA units, each offering approximately 1,103 square feet of living space. Located on Cornerstone Loop and Cedarwood Dr it has convenient access to Hwy 83, municipal offices, shopping, and dining supports tenant appeal and occupancy stability. A compelling opportunity for investors seeking immediate scale and long-term appreciation potential.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $3,360,000
Price / SF $154.13 / SF
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 21,800 SF
Total Land Area 1.33 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1002 Cedarwood Dr, Rio Grande City, TX 78582 Multifamily 4,360 SF 2007 -
1004 Cedarwood Dr, Rio Grande City, TX 78582 Multifamily 4,360 SF 2007 -
1006 Cedarwood Dr, Rio Grande City, TX 78582 Multifamily 4,360 SF 2007 -
1008 Cedarwood Dr, Rio Grande City, TX 78582 Multifamily 4,360 SF 2007 -
1205 Cornerstone Loop, Rio Grande City, TX 78582 Multifamily 4,360 SF 2007 -
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  • Listing ID: 40492586

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: Trophy Plex Apartments, Rio Grande City, TX

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