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
--beds
--baths
40,432sqft
Est.:
Multi Family
Built in 2007
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
- 91 days |
- 36 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jaime Lee Gonzalez 956-599-8400,
Keller Williams Realty Rgv
Source: Greater McAllen AOR,MLS#: 494702
Tour with a local agent
Facts & features
Interior
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
$848/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Listed for sale | $3,360,000$83/sqft |
Source: Greater McAllen AOR #494702 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 78582
Nearby schools
GreatSchools rating
- 6/10Dr Mario E Ramirez Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Ringgold Middle SchoolGrades: 6-8Distance: 5.9 mi
- 5/10Rio Grande City High SchoolGrades: 9-12Distance: 4.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Starr County
- Rio Grande City
- 78582
- 1214 Cornerstone Loop
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