8014 N Lopez ST, Rio Grande City, TX 78582
8014 N Lopez ST, Rio Grande City, TX 78582
8014 N Lopez ST, Rio Grande City, TX 78582
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Listed by TNT Real Estate
$146,900
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3,159 SqFt
Active

8014 N Lopez ST Rio Grande City, TX 78582

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Karen Cruz

Karen Cruz

+1(956) 458-8601

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,159 sqft

Subdivision Colonia Share 52 & Colonia Ab-130

MLS Listing ID 506602

HOA Y/N No

Year Built 1995

Annual Tax Amount $3,822

Tax Year 2025

Lot Size 5,035 Sqft

Acres 0.1156

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Investor opportunity in Rio Grande City! This 4-plex is offered at just $146,900 and features approx. 3,159 sq. ft. of gross building area per appraisal. Three of four units are currently leased with a total rent roll of $1,690/month, or $20,280 annually in current scheduled rent. Unit mix includes two 3-bedroom units and two 1-bedroom units, with one 1BD/1BA currently vacant and offering additional income potential once leased. Listed owner expenses total approx. $6,839/year for taxes, insurance, and water, with trash charges passed through to occupied units. Property needs repairs and updating, but the price reflects the condition and creates a strong value-add opportunity for an investor looking to improve, stabilize, and increase performance over time. Features include tile flooring, covered porch/patio areas, paved access, and a chain-link fenced lot. Sold as-is.

Location

State TX

County Starr

Community Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Electric

Cooling Electric, Wall Unit(s), Window Unit(s)

Flooring Tile

Appliance Electric Water Heater, Refrigerator, Stove/Range

Laundry None

Exterior

Exterior Feature None

Fence Chain Link

Community Features Street Lights

View Y/N No

Roof Type Composition Shingle

Garage No

Building

Faces From McAllen, take US-83 W toward Rio Grande City. Turn right on FM 755/N Embassy Rd, continue north, then turn left on E Eisenhower St. Turn right on N Lopez St. Property will be on the right.

Story 2

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Siding,Stucco

New Construction No

Schools

Elementary Schools Ringgold

Middle Schools Ringgold

High Schools Rio Grande City H.S.

Others

Tax ID 062750110000300000000

Security Features Smoke Detector(s)

NEARBY SCHOOL & BUSINESS

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Karen Cruz

Karen Cruz

Agent License ID: 654509

+1(956) 458-8601

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8014 N Lopez ST