# 302 Papalote Road, Rio Grande City, TX 78582

> **TL;DR:** commercial, $449,500 ($97/sqft), built 2018, 4,650 sqft.
> A/C. Est. $1,948/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $449,500 |
| Price/sqft | $97 |
| Square Feet | 4,650 |
| Year Built | 2018 |
| Lot Size | 449 sqft (0.01 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,948 |
| **Total** | **$1,948** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2018
- 0.01 acre lot
- 12 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 302 Papalote Road, Rio Grande City, TX 78582
- **County:** Starr
- **Neighborhood:** Mi Ranchito Estates
- **Coordinates:** 26.387172, -98.87314
- **Google Maps:** https://www.google.com/maps?q=26.387172,-98.87314

## Listing Agent

- **Name:** Kenneth De La Cerda
- **Brokerage:** BIG Realty
- **Phone:** 9564165055
- **Email:** kennethdelacerda@bigrealty.com

## Primary Photo

![302 Papalote Road - Primary Photo](http://lh.rdcpix.com/c890ba885abf47dc1e59846ad4043c1cl-f2713876535r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/302-papalote-road-rio-grande-city-tx-78582-x505385)*

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**MLS#:** 505385 | **Updated:** 2026-06-19
**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.com/listing/302-papalote-road-rio-grande-city-tx-78582-x505385)

---

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