302 Papalote Road, Rio Grande City, TX

$429,000

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4,650

Square feet

0.01

Acres

About 302 Papalote Road

Investor opportunity in a growing area! This fully occupied 5-unit multifamily property offers immediate rental income with strong long-term potential. Each unit features 2 bedrooms and 2 bathrooms, providing an attractive and functional layout for tenants. This income-producing property is ideal for investors seeking steady cash flow and portfolio expansion. Well-maintained and fully leased, the complex offers consistent occupancy appeal with spacious layouts designed for comfortable living. Conveniently located near schools, shopping, dining, and major roadways, this property combines accessibility with strong rental demand. Excellent opportunity to own a turnkey investment property with multiple streams of income already in place. Properties like this are increasingly difficult to find — secure a valuable asset with immediate revenue potential and room for future appreciation.

Features of 302 Papalote Road

MLS® # 505385
Price $429,000
Square Footage 4,650
Acres 0.01
Year Built 2018
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 302 Papalote Road
Subdivision Mi Ranchito Estates
City Rio Grande City
County Starr
State TX
Zip Code 78582

Amenities

Parking Spaces 12
Parking Handicap, Paved
# of Garages 12
Is Waterfront No
Has Pool No

Interior

Appliances Electric Water Heater
Heating Central
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description See Remarks
Roof Shingle
Construction Stucco

Additional Information

Date Listed May 25th, 2026
Foreclosure No
Short Sale No

Listing Details

AgentKenneth De La Cerda
OfficeBIG Realty
Contact Info956-416-5055

Listing Map

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