# 106 S Arroyo Boulevard, Rio Hondo, TX 78583 > **TL;DR:** residential multi family, $280,000 ($507/sqft), built 1990, 552 sqft. > Waterfront, A/C. Est. $1,498/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $280,000 | | Price/sqft | $507 | | Square Feet | 552 | | Year Built | 1990 | | Lot Size | 12,502 sqft (0.29 acres) | | Stories | 1 | | Property Type | Residential Multi Family (Other) | | Status | Pending | | Days on Market | 0 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,416 | | Estimated Insurance | $82 | | **Total** | **$1,498** | ## Nearby Schools - **Elementary:** Rio Hondo - **Middle:** Rio Hondo Junior High - **High:** Rio Hondo H.S. ## Key Amenities - Waterfront - A/C ## Property Highlights - Built in 1990 - 0.29 acre lot - Waterfront ## Description ### Agent Description Great opportunity to own a waterfront, grand-fathered, income-producing property in Rio Hondo. This unique setup includes a mix of cabins, mobile homes, RV rentals, and pad sites, creating multiple streams of income within one property. It's already cash flowing with tenants in place, while still offering room to grow. City is not granting RV permits for this location anymore. The property sits in a quiet, laid-back area near the water, that can be upgraded seeking long-term renters as well as seasonal tenants or Airbnb looking for a more relaxed environment. With limited rental options in Rio Hondo, demand has remained steady. There is clear upside for the next owner-whether through increasing rents, leasing out additional spaces, adding more units, or updating existing ones to maximize returns. If you're looking for something a little different from the typical multifamily property, this offers income today with the flexibility to expand and improve over time. ## Location - **Address:** 106 S Arroyo Boulevard, Rio Hondo, TX 78583 - **County:** Cameron - **Neighborhood:** Rio Hondo Original Townsite - **Coordinates:** 26.234872, -97.583727 - **Google Maps:** https://www.google.com/maps?q=26.234872,-97.583727 ## Listing Agent - **Name:** Erasmo Arjona - **Brokerage:** RE/MAX elite - **Broker Phone:** (956) 330-3674 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/102-S-Arroyo-Blvd_Rio-Hondo_TX_78583_M76327-38994?f=listhub&s=GMARTX&m=501668&c=propsimple) ## Photos ![106 S Arroyo Boulevard - Photo 1](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f835682376r.jpg) ![106 S Arroyo Boulevard - Photo 2](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f2878191509r.jpg) ![106 S Arroyo Boulevard - Photo 3](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f3949777327r.jpg) ![106 S Arroyo Boulevard - Photo 4](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f473823987r.jpg) ![106 S Arroyo Boulevard - Photo 5](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f405119387r.jpg) ![106 S Arroyo Boulevard - Photo 6](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f3441817838r.jpg) ![106 S Arroyo Boulevard - Photo 7](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f2918415192r.jpg) ![106 S Arroyo Boulevard - Photo 8](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f1077385789r.jpg) ![106 S Arroyo Boulevard - Photo 9](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f4258129459r.jpg) ![106 S Arroyo Boulevard - Photo 10](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f1752565291r.jpg) ![106 S Arroyo Boulevard - Photo 11](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f2078452755r.jpg) ![106 S Arroyo Boulevard - Photo 12](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f2333590482r.jpg) ![106 S Arroyo Boulevard - Photo 13](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f2554783232r.jpg) ![106 S Arroyo Boulevard - Photo 14](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f292886050r.jpg) ![106 S Arroyo Boulevard - Photo 15](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f749805691r.jpg) ![106 S Arroyo Boulevard - Photo 16](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f172483936r.jpg) ![106 S Arroyo Boulevard - Photo 17](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f2605379215r.jpg) ![106 S Arroyo Boulevard - Photo 18](http://lh.rdcpix.com/45bdf84c4a31df4f67ee6a0bace013f5l-f1775769675r.jpg) --- **MLS#:** 501668 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/106-s-arroyo-boulevard-rio-hondo-tx-78583-6b2dc0058bfa47cc9c1f056413e1f6ea) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/106-s-arroyo-boulevard-rio-hondo-tx-78583-6b2dc0058bfa47cc9c1f056413e1f6ea#listing", "url": "https://www.propertysimple.ai/listing/106-s-arroyo-boulevard-rio-hondo-tx-78583-6b2dc0058bfa47cc9c1f056413e1f6ea", "name": "106 S Arroyo Boulevard, Rio Hondo, TX 78583", "description": "Great opportunity to own a waterfront, grand-fathered, income-producing property in Rio Hondo. This unique setup includes a mix of cabins, mobile homes, RV rentals, and pad sites, creating multiple streams of income within one property. 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