1201 Cornerstone Loop Rio Grande City, TX $ 329,000
1201 Cornerstone Loop
$ 329,000
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1201 Cornerstone Loop

Rio Grande City, TX, 78582
$ 329,000
Bedrooms4 Baths4.0 Sq 4,144

Monthly Estimate*

$ 2,298

1201 Cornerstone Loop, Rio Grande City, TX 78582 - Image 1
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1201 Cornerstone Loop, Rio Grande City, TX 78582 - Image 10

Multi-Family Home for sale in Rio Grande City, TX

for $329,000 with 4 bedrooms and 4 full baths. This 4,144 square foot home was built in 2007 on a lot size of 0.2835.

Each unit of the four-plex is a stand alone unit three blocks away from Dr. Mario Ramirez Elementary and approximately one mile from City Hall and U.S. Highway 83. Apartment units are in good condition and are rented below market rates. Three bedrooms should be $850 per month and two bedroom units should be at $750 per month. Schools, shopping and entertainment are minutes from this location. Plenty of professionals in the immediate area give this site excellent rental opportunities.

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Multi-Family Active

Price

$ 329,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,198

Style

Quadruplex

Lot Size

0.2835

Year Built

2007

Town/City

Rio Grande City

County/Region

Starr

MLS | Web ID

429210

Features
General
Interior Features Built-in Features Ceiling Fan(s) Microwave Walk-In Closet(s)
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Closing and Funding
Roof Composition Shingle
Appliances Electric Water Heater Water Heater (Laundry Room) Dishwasher Microwave Refrigerator Stove/Range-Electric Coil
Exterior Features Balcony Mature Trees
Garage Spaces 0
Patio/Porch Features Patio Slab
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 2007
Property SubType Quadruplex
Tax Year 2024
Gross Income 35000
Community Features Curbs Sidewalks Street Lights
County Starr
Insurance Expense 3800
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Trophy Plex
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions Entering Rio Grande City on East U.S. Highway 83 across from Payne Ford on the south side is Trophy Street. Go south one mile just past Dr. Mario Ramirez Elementary to Cornerstone Drive and turn rig
High School Rio Grande City H.S.
City Rio Grande City
High School District Rio Grande ISD
Total Units 4
Lot Size Square Feet 12350.1312
Carport Spaces 2
Carport Y/N Yes
Street Name Cornerstone
Elementary School Ramirez
Tax Annual Amount 8198
Home Warranty Y/N No
Middle/Junior High School Ringgold
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Rio Grande ISD
Elementary School District Rio Grande ISD
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Interior
Flooring Porcelain Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Energy Features (Double Pane Windows)
Street Suffix Loop
Laundry Features Laundry Room Washer/Dryer Connection
Living Area Units Square Feet
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Exterior
Fencing Landscaped
Parking Features Garage Faces Rear
Lot Features Alley Corner Lot Curb & Gutters Mature Trees Professional Landscaping
Total Parking 2
Lot Size Area 12350.1312
Foundation Details Slab
Number of Buildings 4
Building Area Total 4144
Lot Size Acres 0.2835
Road Surface Type Paved
Lot Size Units Square Feet
Covered Spaces 2
Pool YN No
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* Excluded Features
List By
Michael J. Ramey

Listing Agent

Coldwell Banker La Mansion

Broker

michaeljramey@yahoo.com

Email

Affordability Calculator

$2,981
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,298
Monthly Property Taxes
$683
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3057535 Elementary School
3057365 Middle School
Rio Grande City H.S. High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$329,000 Listed Price

Map


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1201 Cornerstone Loop, Rio Grande City, TX, 78582 is a Multi-Family Home for sale at $329,000 with 4,144 sqft and a lot size of 0.2835. 1201 Cornerstone Loop has 4 bedrooms, 4.0 baths, and was built in 2007. The property's zip code is 78582 which is in Rio Grande City, TX