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For sale
  • $170,000

    2420 Rio Hondo Rd, Harlingen, TX 78550

    --beds
    --baths
    1,772sqft
    : 
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    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $96/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tomas Mata 956-588-7916,

    TNT Real Estate

    Source: RGVMLS,MLS#: 29777716MLS Logo

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      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

      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: $96/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

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/4/2026Listed for sale$170,000+13.3%$96/sqft
        Source: RGVMLS #29777716 Report a problem
        2/24/2026Listing removed$150,000$85/sqft
        Source: RGVMLS #29769003 Report a problem
        1/27/2026Listed for sale$150,000$85/sqft
        Source: RGVMLS #29769003 Report a problem
        11/3/2025Pending sale$150,000$85/sqft
        Source: RGVMLS #29769003 Report a problem
        10/3/2025Listed for sale$150,000+45.6%$85/sqft
        Source: RGVMLS #29769003 Report a problem
        5/6/2019Listing removed$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        3/12/2019Pending sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        2/14/2019Listed for sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        1/30/2019Pending sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        1/10/2019Listed for sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        12/29/2018Pending sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        11/1/2018Listed for sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        9/25/2018Pending sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        7/12/2018Listed for sale$103,000$58/sqft
        Source: TIERRA REALTY #29706889 Report a problem
        6/11/2018Listing removed$103,000$58/sqft
        Source: TIERRA REALTY #29706890 Report a problem
        5/31/2018Price change$103,000-6.4%$58/sqft
        Source: TIERRA REALTY #29706890 Report a problem
        6/30/2017Listed for sale$110,000+69.2%$62/sqft
        Source: TIERRA REALTY #29706890 Report a problem
        2/5/2015Listing removed$65,000$37/sqft
        Source: TIERRA REALTY Report a problem
        11/10/2014Listed for sale$65,000-18.7%$37/sqft
        Source: TIERRA REALTY Report a problem
        9/16/2014Listing removed$79,950$45/sqft
        Source: Owner Report a problem
        6/19/2014Listed for sale$79,950$45/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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: 78550

        Getting around

        38 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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