$380,000
$20K PRICE DROP

166 Gevaraz Rd Rio Grande City, TX 78582

Estimated payment $2,865/month

Total Views 3,280
-- Bed
-- Bath
2,310 Sq Ft
$165 Price per Sq Ft

Highlights

  • No HOA
  • Window Unit Cooling System
  • Tile Flooring
  • Balcony
  • Laundry closet
  • Outdoor Grill

About This Home

Multi Family complex with 6 units for sale! There are 2 buildings on the property. Each unit has 2 bedrooms and 1 bathroom with a living room and a dining area. Units 2-6 have bedrooms located upstairs. All units have a washer and dryer connections. There are 6 electric meters and 1 water meter. Seller covers the monthly water bill. 9 parking spaces for the tenants. There is a community area with an outdoor firepit to host cookouts. No pets are allowed. Lease agreements on file. This property is an investors dream property. Great return and low maintenance needed.

Listing Agent

ALISSA PEREZ

Ra Brokers Listed on: 04/16/2025

Ra Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,189

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stove

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Outbuilding
  • Outdoor Grill

Schools

  • Ramirez Elementary School
  • Veterans Middle School
  • Rio Grande City High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001480850004300000000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Ab 148 Por 85 A Dela Roshash Subdivision

Building Details

  • Gross Income $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,189

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: Hwy 83 towards Rio Grande City. Turn RIGHT on Guevara Rd. Property on your RIGHT.
  • Year Built: 1992
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Subdivision Name: Ab 148 Por 85 A Dela Roshash
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Laminate, Tile
  • Living Area: 2310

Exterior Features

  • Exterior Features: Balcony, BBQ Pit/Grill
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Other, Solid Masonry, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other), Storage
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Ramirez
  • High School: Rio Grande City H.S.
  • Junior High Dist: Rio Grande ISD
  • Middle Or Junior School: Veterans

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 001480850004300000000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9189

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 6
  • Annual Gross Income: 3900

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $380,000 -5.0% $165 / Sq Ft
04/16/2025 04/16/25 For Sale $400,000 -- $173 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 467997

Greater McAllen Association of REALTORS®