302 Papalote Road Rio Grande City, TX $ 449,500
302 Papalote Road
$ 449,500
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302 Papalote Road

Rio Grande City, TX, 78582
$ 449,500
Bedrooms-- Baths-- Sq 4,650

Monthly Estimate*

$ 2,768

302 Papalote Road, Rio Grande City, TX 78582 - Image 1
302 Papalote Road, Rio Grande City, TX 78582 - Image 2
302 Papalote Road, Rio Grande City, TX 78582 - Image 3

Commercial Property for sale in Rio Grande City, TX

for $449,500. This 4,650 square foot building was built in 2018 on a lot size of 0.0103.

Investor opportunity in a growing area! This fully occupied 5-unit multifamily property offers immediate rental income with strong long-term potential. Each unit features 2 bedrooms and 2 bathrooms, providing an attractive and functional layout for tenants. This income-producing property is ideal for investors seeking steady cash flow and portfolio expansion. Well-maintained and fully leased, the complex offers consistent occupancy appeal with spacious layouts designed for comfortable living. Conveniently located near schools, shopping, dining, and major roadways, this property combines accessibility with strong rental demand. Excellent opportunity to own a turnkey investment property with multiple streams of income already in place. Properties like this are increasingly difficult to find — secure a valuable asset with immediate revenue potential and room for future appreciation.

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Commercial Active

Price

$ 449,500

Property Type

Commercial

Taxes

$ 8,108

Style

Commercial

Lot Size

0.0103

Year Built

2018

Town/City

Rio Grande City

County/Region

Starr

MLS | Web ID

505385

Features
General
Possession Closing and Funding
Property Subtype Commercial
Tax Year 2026
Current Use Other
County Starr
Property Type Commercial Sale
HOA false
Subdivision Name Mi Ranchito Estates
Status Active
Directions From US Highway 83 in Rio Grande City head north on Hernandez Rd/Corrales Rd for approximately 0.7 miles. Turn left onto Corrales Rd then make a right onto Papalote Rd. Property will be located a short distance ahead at 302 Papalote Rd Rio Grande City TX 78582.
City Rio Grande City
Lot Size Units Square Feet
Lot Size Square Feet 449.1036
Tax Annual Amount 8108
Home Warranty Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description PT LOT 42 MI RANCHITO ESTATES
Freehold BBO VOW IDX
Living Area 4650
Cooling Central Air
Roof Shingle
Appliances Electric Water Heater
Garage Spaces 12
Construction Materials Stucco
Year Built 2018
Stories Count 1
Energy Efficient Thermostat
Garage Y/N true
Carport Spaces 0
Carport Y/N false
Year Built Source SCAD
Heating Central
Patio/Porch Features Covered Patio
Grounds Landscaped
Accessibility Handicap Access
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Retail SqFT 0
Warehouse SqFt 0
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Exterior
Lot Size Area 449.1036
Lot Size Acres 0.0103
Road Frontage Type City Street
Irrigation Water Rights Y/N false
Lot Features See Remarks
Parking Features Handicap Paved
Total Parking 12
Building Area Total 4650
Covered Spaces 12
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* Excluded Features
List By
Kenneth De La Cerda

Listing Agent

Big Realty

Broker

kennethdelacerda@bigrealty.com

Email

Affordability Calculator

$3,443
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,768
Monthly Property Taxes
$676
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/25/2026$449,500 Listed Price

Map


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302 Papalote Road, Rio Grande City, TX, 78582 is a Commercial Property for sale at $449,500 with 4,650 sqft and a lot size of 0.0103. 302 Papalote Road was built in 2018. The property's zip code is 78582 which is in Rio Grande City, TX