This 32-unit multi-family property, located on the north side of US Highway 83, presents an amazing opportunity to acquire a stabilized asset in a rapidly growing South Texas market. The property consists of five buildings situated on approximately 1.72 acres. Recent major renovations include new roofs (2021),a new concrete parking lot, and refurbished appliances in most of the units.
For sale
$1,650,000
5007 E Us Highway 83, Rio Grande City, TX 78582
4beds
3baths
26,770sqft
Est.:
Apartment, Multi Family
Built in 2005
-- sqft lot
$-- Zestimate®
$62/sqft
$-- HOA
What's special
- 10 days |
- 59 |
- 4 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 02, 2026 at 10:01pm
Listed by:
Jacob Galvan 956-363-1179,
Ursa Real Estate
Source: Greater McAllen AOR,MLS#: 497170
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Refrigerator, Stove/Range
- Laundry: None
Features
- Ceiling Fan(s)
- Flooring: Tile
Interior area
- Total structure area: 26,770
- Total interior livable area: 26,770 sqft
Property
Parking
- Parking features: No Garage
Features
- Exterior features: None
- Fencing: None
Lot
- Size: 0.91 Acres
Details
- Additional structures: Laundry Facility, Outbuilding (None)
- Parcel number: 001790820006000000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick, HardiPlank Type
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Subdivision: Porcion 82 Nicolas Vela
HOA
- Has HOA: No
Location
- Region: Rio Grande City
Financial & listing details
- Price per square foot: $62/sqft
- Annual tax amount: $30,722
- Date on market: 3/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Listed for sale | $1,650,000+10%$62/sqft |
Source: Greater McAllen AOR #497170 Report a problem | ||
| 10/22/2025 | Listing removed | $1,500,000$56/sqft |
Source: Greater McAllen AOR #483860 Report a problem | ||
| 10/21/2025 | Price change | $1,500,000-16.7%$56/sqft |
Source: Greater McAllen AOR #483860 Report a problem | ||
| 1/7/2025 | Listed for sale | $1,800,000-10%$67/sqft |
Source: Greater McAllen AOR #446030 Report a problem | ||
| 6/13/2022 | Sold | -- |
Source: Greater McAllen AOR #365362 Report a problem | ||
| 1/1/2022 | Pending sale | $2,000,000$75/sqft |
Source: Greater McAllen AOR #365362 Report a problem | ||
| 12/14/2021 | Listed for sale | $2,000,000$75/sqft |
Source: Greater McAllen AOR #365362 Report a problem | ||
| 11/13/2021 | Pending sale | $2,000,000$75/sqft |
Source: Greater McAllen AOR #365362 Report a problem | ||
| 9/21/2021 | Listed for sale | $2,000,000$75/sqft |
Source: Greater McAllen AOR #365362 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$13,310/mo
Principal & interest
$8181
Property taxes
$5129
More affordability tools
Climate risks
Neighborhood: 78582
Nearby schools
GreatSchools rating
- 9/10Grulla Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Grulla Middle SchoolGrades: 6-8Distance: 2.7 mi
- 4/10Grulla High SchoolGrades: 9-12Distance: 33.2 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.
Local experts in 78582
