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.
For sale
$3,360,000
1214 Cornerstone Loop, Rio Grande City, TX 78582
10beds
5baths
40,432sqft
Multi Family
Built in 2007
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
- 204 days
- 35
- 0
Zillow last checked:
Listing updated:
Listed by:
Jaime Lee Gonzalez 956-599-8400,
Keller Williams Realty Rgv
Source: Greater McAllen AOR,MLS#: 494702
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Laundry: Laundry Area, Washer/Dryer Connection
Features
- Ceiling Fan(s)
- Flooring: Tile
Interior area
- Total structure area: 40,432
- Total interior livable area: 40,432 sqft
Property
Parking
- Total spaces: 80
- Parking features: No Garage
- Carport spaces: 80
Features
- Exterior features: None
- Fencing: Wood
Lot
- Size: 2.72 Acres
- Features: Mature Trees, Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: 172800000202200000000 (+ multiple GEO IDS)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Trophy Plex
HOA
- Has HOA: No
Location
- Region: Rio Grande City
Financial & listing details
- Price per square foot: $83/sqft
- Annual tax amount: $78,822
- Date on market: 2/13/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,096/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Listed for sale | $3,360,000$83/sqft |
Source: Greater McAllen AOR #494702 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78582
Nearby schools
Schools provided by the listing agent
- Elementary: Ramirez
- Middle: Rio Hondo Junior High
- High: Rio Grande City H.S.
- District: Rio Grande ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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