1001 Cedarwood Drive Rio Grande City, TX $ 1,700,000
1001 Cedarwood Drive
$ 1,700,000
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1001 Cedarwood Drive

Rio Grande City, TX, 78582
$ 1,700,000
Bedrooms-- Baths0.0 Sq 20,720

Monthly Estimate*

$ 10,734

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

for $1,700,000. This 20,720 square foot home was built in 2007 on a lot size of 1.3579.

A wise investment to build your wealth! 5 well-maintained fourplexes with 20 apartment units. All 5 lots/fourplexes are right next to each other. Each apartment is standing alone building which is very hard to find. Single family house style apartment. No shared wall with other apartment. All single stories. Huge lot size and has sidewalk between each fourplex. Each fourplex (4144 sqft) has two units of 2 bedrooms/2 bathrooms (each 952 sqft) and two units of 3 bedrooms/2 bathrooms (each 1120 sqft). Each apartment has beautiful interior design, granite kitchen countertop, tile floors thorough the apartment, separated utility room, private fence in slab patio, 2 covered assigned carports spaces. Good size master bedroom. The apartments are located on the new and growing area of Rio Grande City, south of Mario Ramirez Elementary school. The opportunity to grow is endless.

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Multi-Family Active

Price

$ 1,700,000

Property Type

Multi-Family

Taxes

$ 43,302

Style

Multi Family

Lot Size

1.3579

Year Built

2007

Town/City

Rio Grande City

County/Region

Starr

MLS | Web ID

516418

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Multi Family
Tax Year 2025
Community Features Curbs Sidewalks
County Starr
Property Type Residential Income
HOA false
Subdivision Name Trophy Plex
Status Active
Directions Take Hwy 83 to Rio Grande city then turn south on Trophy St (city hall) go past Dr. Mario Ramirez Elementary turn west on Cedarwood Drive.
High School Rio Grande City H.S.
City Rio Grande City
High School District Rio Grande ISD
Lot Size Units Acres
Lot Size Square Feet 59150.124
Elementary School Ramirez
Tax Annual Amount 43302
Home Warranty Y/N false
Middle/Junior High School Ringgold
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Rio Grande ISD
Elementary School District Rio Grande ISD
Legal Description LT 1 2 3 4 and 5 BLK B TROPHY PLEX S/D PH VIII
Freehold BBO VOW IDX
Living Area 20720
Cooling Central Air
Roof Shingle
Appliances Electric Water Heater Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Brick
Year Built 2007
Stories Count 1
Energy Efficient Thermostat
Garage Y/N false
Carport Spaces 2
Carport Y/N true
Year Built Source SCAD
Heating Central
Insurance Expense 15751
Security Features Smoke Detector(s)
Other Structures Outbuilding (None)
Gross Income 209835
MaintenanceExpense 10000
Number Of Units Total 20
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Interior
Interior Amenities Ceiling Fan(s) Other
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Area Washer/Dryer Connection
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Exterior
Water Source Public
Lot Size Area 1.3579
Lot Size Acres 1.3579
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Mature Trees Sidewalks
Fencing Wood
Exterior Amenities None
Parking Features No Garage
Total Parking 2
Foundation Details Slab
Building Area Total 20720
Lot Dimensions 433'x130'
Covered Spaces 2
Pool YN false
Number of Separate Water Meters 20
Number of Buildings 20
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* Excluded Features
List By
Exp Realty Llc

Broker

Affordability Calculator

$14,342
Per Month
75%
25%
0%
Monthly Principal & Interest
$10,734
Monthly Property Taxes
$3,609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
3057535 Elementary School
3057365 Middle School
Rio Grande City H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$1,700,000 Listed Price

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1001 Cedarwood Drive, Rio Grande City, TX, 78582 is a Multi-Family Home for sale at $1,700,000 with 20,720 sqft and a lot size of 1.3579. 1001 Cedarwood Drive has 0.0 baths and was built in 2007. The property's zip code is 78582 which is in Rio Grande City, TX