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About This Home
This 0-bedroom, 0-bathroom commercial at 302 Papalote Road in Rio Grande City, TX is listed for $449,500 ($97 per sqft). Built in 2018, the home offers 4,650 sqft of living space on a 0.01 acres lot.
Investor opportunity in a growing area! This fully occupied 5-unit multifamily property offers immediate rental income with strong long-term potential. Each unit features 2 bedrooms and 2 bathrooms, providing an attractive and functional layout for tenants.
This income-producing property is ideal for investors seeking steady cash flow and portfolio expansion. Well-maintained and fully leased, the complex offers consistent occupancy appeal with spacious layouts designed for comfortable living. Conveniently located near schools, shopping, dining, and major roadways, this property combines accessibility with strong rental demand.
Excellent opportunity to own a turnkey investment property with multiple streams of income already in place. Properties like this are increasingly difficult to find - secure a valuable asset with immediate revenue potential and room for future appreciation.
Key Features
- Built in 2018
- 0.01 acre lot
- 12 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,404/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
302 Papalote Road
Rio Grande City, TX 78582
Mi Ranchito Estates
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 302 Papalote Road is listed at $449,500 ($97/sqft). The estimated monthly payment is $1,948 based on 20% down at 6.5% interest.
Key features include: Built in 2018, 0.01 acre lot, 12 parking spaces.
This property is listed by Kenneth De La Cerda and can be reached at 9564165055 or kennethdelacerda@bigrealty.com.





