About This Home

This 0-bedroom, 0-bathroom residential multi family at 1214 Cornerstone Loop in Rio Grande City, TX is listed for $3,360,000 ($83 per sqft). Built in 2007, the home offers 40,432 sqft of living space on a 2.72 acres lot.

Key Features

  • Built in 2007
  • 2.72 acre lot
  • 80 parking spaces

Property Details

1 story
80 spaces
2007

Amenities

A/C
Listing Description

Large-scale multifamily investment opportunity featuring 40 residential units distributed across 10 subdivision lots in Rio Grande City. The well-balanced unit mix includes 27 2BD/1BA units and 13 3BD/2BA units, each offering approximately 1,103 square feet of living space.

Located on Cornerstone Loop and Cedarwood Dr it has convenient access to Hwy 83, municipal offices, shopping, and dining supports tenant appeal and occupancy stability. A compelling opportunity for investors seeking immediate scale and long-term appreciation potential.

Monthly Cost Estimate

$17,970/mo

20% down · 6.5% · 30 years

Principal$2,430
Interest$14,560
Insurance$980

Estimates only. Actual payments may vary.

Location

1214 Cornerstone Loop

Rio Grande City, TX 78582

Trophy Plex

Property Details

Construction

Brick

Parking

None

Heating

Central

Cooling

Central Air

Appliances

Electric Water HeaterDryerRefrigeratorStove/RangeWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1214 Cornerstone Loop is listed at $3,360,000 ($83/sqft). The estimated monthly payment is $17,970 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2007, 2.72 acre lot, 80 parking spaces.

This property is listed by Jaime Lee Gonzalez.

JG

Jaime Lee Gonzalez

Agent at RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV

Listed by RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV · Broker phone: (956) 566-8377 · View on Broker Site

MLS# 494702· Source: Greater McAllen Association of Realtors· 8 days on PropertySimple

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.

1214 Cornerstone Loop, Rio Grande City, TX 78582

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