Rio Hondo TX Multi Family for Sale

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Type:
Other
Sq.Ft.:
8,753
Status:
Active
Beds:
n/a
Lot size:
8.34 Acres
Year built:
1980
Baths:
MLS#:
434893
Subdivision:
Ebony

ADDITIONAL INFORMATION

Fantastic opportunity for a cash flowing multifamily property located in Rio Hondo TX. This property has 5 income producing buildings-4 freestanding homes and 1 five-plex. The five-plex has two units that have been recently remodeled. The brown house was built in 1992 and has 1312 SF Living. The front house is a 3 bd/2 bth home built in 1980 with 1056 s.f. The middle house is a 3 bd/2 bth home with 1536 s.f., built in 1980. The back house is a 3 bd/1 bth home with 1073 s.f. built in 1970. The 5-plex on the property is 3,776 s.f. built in 1990 and is made up of three units down stairs & two units upstairs. Each Building has its own septic system.

Type:
Other
Sq.Ft.:
8,753
Status:
Active
Beds:
n/a
Lot size:
8.34 Acres
Year built:
1990
Baths:
MLS#:
29740316
Subdivision:
EBONY ACRES

ADDITIONAL INFORMATION

Fantastic opportunity for a cash flowing multifamily property located in Rio Hondo TX. This property has 5 income producing buildings-4 freestanding homes and 1 five-plex. The five-plex has two units that have been recently remodeled. The brown house was built in 1992 and has 1312 SF Living. The front house is a 3 bd/2 bth home built in 1980 with 1056 s.f. The middle house is a 3 bd/2 bth home with 1536 s.f., built in 1980. The back house is a 3 bd/1 bth home with 1073 s.f. built in 1970. The 5-plex on the property is 3,776 s.f. built in 1990 and is made up of three units down stairs & two units upstairs. Each Building has its own septic system.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of {{last updated}}. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.


Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing information provided by Rio Grande Valley MLS. IDX Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Copyright 2024 Rio Grande Valley MLS. All rights reserved.



Rio Hondo Real Estate

The median home value in Rio Hondo, TX is $106,800. This is higher than the county median home value of $97,500. The national median home value is $219,700. The average price of homes sold in Rio Hondo, TX is $106,800. Approximately 58.81% of Rio Hondo homes are owned, compared to 27.25% rented, while 13.95% are vacant. Rio Hondo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rio Hondo real estate agent to arrange a tour today!

Rio Hondo, Texas 78583 has a population of 2,538. Rio Hondo 78583 is less family-centric than the surrounding county with 28.21% of the households containing married families with children. The county average for households married with children is 36.55%.

The median household income in Rio Hondo, Texas 78583 is $36,696. The median household income for the surrounding county is $36,095 compared to the national median of $57,652. The median age of people living in Rio Hondo 78583 is 45.6 years.

Rio Hondo Weather

The average high temperature in July is 95.1 degrees, with an average low temperature in January of 49.5 degrees. The average rainfall is approximately 26.1 inches per year, with 0.1 inches of snow per year.

Rio Hondo Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    91
    30-day change

Rio Hondo Schools and Demographics

Education near Rio Hondo, TX

Metric City County
High School Graduates 65.48 66.19
College Degree - 2 year 7.38 6.69
College Degree - 4 year 10.38 17.22
Graduate Degree 3.17 3.67
Expenditures per Student 10,790 10,303
Students per Teacher 14.9 15.9

Elementary Schools near Rio Hondo, TX

School Grades Students P/T Ratio ZIP
Bonham Elementary School PK - 05 788 17.9 78550
Lamar Elementary School PK - 05 674 16.9 78550
Long Elementary School PK - 05 684 16.2 78550
Los Fresnos Elementary School PK - 05 636 18.3 78566
Rio Hondo Elementary School PK - 02 583 17.4 78583
Rio Hondo Intermediate School 03 - 05 439 15 78583
Stuart Place Elementary School PK - 05 713 18.3 78550
Treasure Hills Elementary School PK - 05 833 17.4 78550

Middle Schools near Rio Hondo, TX

School Grades Students P/T Ratio ZIP
Coakley Middle School 06 - 08 805 12.4 78550
Los Cuates Middle School 06 - 08 875 17.2 78566
Memorial Middle School 06 - 08 856 14.9 78550
Resaca Middle School 06 - 08 895 16.4 78566
Rio Hondo Junior High School 06 - 08 509 15.4 78583
Vernon Middle School 06 - 08 738 12.9 78550

High Schools near Rio Hondo, TX

School Grades Students P/T Ratio ZIP
Early College High School 09 - 12 320 20.3 78550
Harlingen High School 09 - 12 2,014 15.2 78550
Los Fresnos High School 09 - 12 2,188 16.3 78566
Rio Hondo High School 09 - 12 649 13.8 78583

Ungraded Schools near Rio Hondo, TX

School Grades Students P/T Ratio ZIP
Ami Kids Rio Grande Valley (FKA Rgmi) 09 - 10 13 3.3 78566
Dr. Abraham P CANO Freshman Academy 09 - 09 1,054 13.3 78550
Edna Tamayo House 08 - 10 15 5.4 78550
Harlingen School of Health Professions 08 - 09 205 12.8 78550
Keys Acad. PK - 12 148 10.9 78550
Secondary Alter Center 06 - 12 109 15.9 78550

Demographics near Rio Hondo, TX 78583

Metric Zip Code City
Neighborhood Type Suburban
Population 2,538 420,201
Population Density 1,505 472
Median Age 45.6 31.4
People per Household 2.7 3.4
Median Household Income 36,696 36,095
Average Income per Capita 17,632 16,085