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337 Colorado Ave.

Rio Hondo, TX 78583
  • $323,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 29778471
$323,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,552
    SQFT
  • $127
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2004
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Turn-key, fully leased multi-family investment opportunity in a prime Rio Hondo location with excellent visibility just off the main road. This exceptionally maintained property features four units consisting of two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, with stable, long-term tenants already in place for immediate income. Recent improvements include a new roof (2025), rebuilt stairs (2024), replacement of cracked windows (2025), and freshly painted trim and stairs (2026). All water heaters have been replaced within the past three years, and all A/C units have been updated within the past eight years, providing added value and peace of mind. Conveniently located with easy access to shopping, dining, schools, and some of the area's best fishing, this well-maintained property is an excellent opportunity to add a quality, income-producing asset to your investment portfolio!

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© 2026 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2026-08-14T23:51:18.377.
www.troygilesrealty.com/homes/179751625
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337 Colorado Ave. Rio Hondo, TX 78583

  • Price: $323,000
  • Status: Active
  • On Site: 10 Days
  • MLS #: 29778471
0
Beds
0
Baths
0
½ Baths
0.27
Acres
2,552
SQFT
$127
$/SQFT
2004
Built
Neighborhood:
Morning Glory
County:
Cameron
Area:
Rio Hondo
Elementary School:
Rio Hondo
Middle School:
Rio Hondo
High School:
Rio Hondo
School District:
Rio Hondo I.S.D.
Property Description
Turn-key, fully leased multi-family investment opportunity in a prime Rio Hondo location with excellent visibility just off the main road. This exceptionally maintained property features four units consisting of two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, with stable, long-term tenants already in place for immediate income. Recent improvements include a new roof (2025), rebuilt stairs (2024), replacement of cracked windows (2025), and freshly painted trim and stairs (2026). All water heaters have been replaced within the past three years, and all A/C units have been updated within the past eight years, providing added value and peace of mind. Conveniently located with easy access to shopping, dining, schools, and some of the area's best fishing, this well-maintained property is an excellent opportunity to add a quality, income-producing asset to your investment portfolio!
Exterior Features

Construction Slab Exterior Features None Exterior Siding Brick Fence Type MasonryPartial Garage Details No CarportNo Garage Location Features None Outbuildings None Parking Spaces 8.00 Stories Two Street Type Paved

Interior Features

Conveying Appliances RangeRefrigerator Energy Features Double Pane Windows Flooring Tile Heating System CentralElectric Interior Features Smoke Alarm(s) Special Features Off Street Parking Water Heater Electric

Property Features

Community Amenities None Multifamily Type Multiplex (2-10) Proposed Financing CashConventionalFHAVA Loan REO No Sewer Public Sewer Water Public

Listing provided courtesy of Jacquelyn Wright of MARCUS PHIPPS REAL ESTATE, LLC: 9564235300. © 2026 Harlingen Board of Realtors Multiple Listing Service.
© 2026 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2026-08-14T23:51:18.377.
 
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