Investor opportunity! This duplex offers excellent income-producing potential in a convenient location just minutes from local schools, shopping, dining, and everyday amenities. One unit features 3 bedrooms, 1 bathroom, and a dedicated laundry room, while the second unit offers 2 bedrooms, 1 bathroom, and a separate laundry area, providing functional layouts for tenants. Whether you're looking to expand your rental portfolio or take on your next investment project, this property offers plenty of upside and value-add potential. The property previously experienced flooding and is being sold with that history in mind, making it a great opportunity for investors seeking a property with strong long-term potential in a desirable location.
For sale
Price cut: $5K (8/20)
$135,000
2420 Rio Hondo Rd, Harlingen, TX 78550
--beds
--baths
1,772sqft
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
- 50 days |
- 345 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Tomas Mata 956-588-7916,
TNT Real Estate
Source: RGVMLS,MLS#: 29777716
Facts & features
Interior
Heating
- Central, Electric
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 1,772
- Total interior livable area: 1,772 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
- Has garage: Yes
Features
- Levels: One
- Exterior features: None
Lot
- Size: 0.35 Acres
- Features: Curb & Gutter
Details
- Additional structures: None
- Parcel number: 1840400890012000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & HOA
Community
- Subdivision: Harlingen Land & Water Company
Location
- Region: Harlingen
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $190,419
- Annual tax amount: $3,286
- Date on market: 7/4/2026
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $135,000-3.6%$76/sqft |
Source: | ||
| 8/17/2026 | Price change | $140,000-3.4%$79/sqft |
Source: | ||
| 8/11/2026 | Price change | $145,000-6.5%$82/sqft |
Source: | ||
| 8/6/2026 | Price change | $155,000-2.5%$87/sqft |
Source: | ||
| 7/10/2026 | Price change | $159,000-6.5%$90/sqft |
Source: | ||
| 7/4/2026 | Listed for sale | $170,000+13.3%$96/sqft |
Source: | ||
| 2/24/2026 | Listing removed | $150,000$85/sqft |
Source: | ||
| 1/27/2026 | Listed for sale | $150,000$85/sqft |
Source: | ||
| 11/3/2025 | Pending sale | $150,000$85/sqft |
Source: | ||
| 10/3/2025 | Listed for sale | $150,000+45.6%$85/sqft |
Source: | ||
| 4/30/2019 | Sold | -- |
Source: | ||
| 3/12/2019 | Pending sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 2/14/2019 | Listed for sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 1/30/2019 | Pending sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 1/10/2019 | Listed for sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 12/29/2018 | Pending sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 11/1/2018 | Listed for sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 9/25/2018 | Pending sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 7/12/2018 | Listed for sale | $103,000$58/sqft |
Source: TIERRA REALTY #29706889 Report a problem | ||
| 6/11/2018 | Listing removed | $103,000$58/sqft |
Source: TIERRA REALTY #29706890 Report a problem | ||
| 5/31/2018 | Price change | $103,000-6.4%$58/sqft |
Source: TIERRA REALTY #29706890 Report a problem | ||
| 6/30/2017 | Listed for sale | $110,000+69.2%$62/sqft |
Source: TIERRA REALTY #29706890 Report a problem | ||
| 2/5/2015 | Listing removed | $65,000$37/sqft |
Source: TIERRA REALTY Report a problem | ||
| 11/10/2014 | Listed for sale | $65,000-18.7%$37/sqft |
Source: TIERRA REALTY Report a problem | ||
| 9/16/2014 | Listing removed | $79,950$45/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,286 +19.7% | $169,656 +20% |
| 2024 | $2,745 +17.5% | $141,380 +20% |
| 2023 | $2,337 +61.3% | $117,817 +84.9% |
| 2022 | $1,449 | $63,719 |
| 2021 | -- | $63,719 |
| 2020 | -- | $63,719 +35.5% |
| 2019 | $1,116 +0.4% | $47,039 |
| 2018 | $1,111 +76.5% | $47,039 +76.9% |
| 2017 | $630 -40% | $26,597 -40.1% |
| 2016 | $1,049 +4.8% | $44,373 |
| 2015 | $1,001 | $44,373 |
| 2014 | $1,001 | $44,373 +15.9% |
| 2013 | -- | $38,272 |
| 2012 | -- | $38,272 |
| 2011 | -- | $38,272 +5.3% |
| 2010 | -- | $36,336 |
| 2009 | -- | $36,336 |
| 2008 | -- | $36,336 |
| 2007 | -- | $36,336 +3.2% |
| 2005 | $894 +0.6% | $35,212 |
| 2004 | $888 -11.9% | $35,212 -12.6% |
| 2003 | $1,009 +51.9% | $40,268 +49.5% |
| 2002 | $664 +53.3% | $26,929 +0% |
| 2001 | $433 +1% | $26,925 0% |
| 2000 | $429 | $26,926 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78550
Nearby schools
GreatSchools rating
- 4/10Austin Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 7/10Memorial Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Harlingen High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Austin
- Middle: Memorial
- High: Harlingen
- District: Harlingen C.I.S.D.
Source: RGVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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