337 Colorado Ave., Rio Hondo, TX 78583
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337 Colorado Ave., Rio Hondo, TX 78583
337 Colorado Ave., Rio Hondo, TX 78583
337 Colorado Ave., Rio Hondo, TX 78583
337 Colorado Ave., Rio Hondo, TX 78583
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Listed by MARCUS PHIPPS REAL ESTATE, LLC
$ 323,000
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337 Colorado Ave. Rio Hondo, TX 78583

2,552 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $126

Subdivision Morning Glory

MLS Listing ID 29778471

Year Built 2004

Lot Size 0.273 Acres

Property Sub-Type Multi Family

Property Description

Turn-key, fully leased multi-family investment opportunity in a prime Rio Hondo location with excellent visibility just off the main road. This exceptionally maintained property features four units consisting of two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, with stable, long-term tenants already in place for immediate income. Recent improvements include a new roof (2025), rebuilt stairs (2024), replacement of cracked windows (2025), and freshly painted trim and stairs (2026). All water heaters have been replaced within the past three years, and all A/C units have been updated within the past eight years, providing added value and peace of mind. Conveniently located with easy access to shopping, dining, schools, and some of the area's best fishing, this well-maintained property is an excellent opportunity to add a quality, income-producing asset to your investment portfolio!

Location

State TX

County Cameron

Area 2552

Interior

Heating Central, Electric

Flooring Tile

Appliance Electric Water Heater, Refrigerator

Exterior

Exterior Feature None

Parking Features No Carport, No Garage, Off Street

Garage Spaces 8.0

Fence Partial

Garage Yes

Building

Lot Description None

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Rio Hondo

Middle Schools Rio Hondo

High Schools Rio Hondo

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Edgar De La Garza

Edgar De La Garza

+1(210) 277-9085

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337 Colorado Ave.