0000 FALCON STREET, RIO GRANDE CITY, TX 78582
Homes for sale in Rio Grande City.
Homes for sale in 78582.
0000 Falcon Street
Rio Grande City, TX 78582
List Price$95,000
Listing #470547
0.27
Acre
Lots / Land
Type
About This Property
Build, build, build! Welcome to an exceptional opportunity to own a prime vacant lot in a serene one-street gated community, perfectly situated at the end of a quiet cul-de-sac. This property is zoned for a multi-family structure, allowing for the construction of four beautiful townhouses, each sitting on its own lot. Envision a charming two-story brick building that complements the existing architecture of the neighborhood, offering modern living with a classic touch. This unique development opportunity can also be used to build the structure, live in one unit, and rent out the other three, maximizing your investment potential. You can also choose to sell the townhouses individually or retain them as part of your portfolio and take advantage of the strong rental market in the area, where average rents currently are approximately $1,250. Come explore the potential this lot has to offer!
Property Features
Location Information
County
Starr
Directions
Head E on US Hwy 83, Turn south on Trophy Rd. Continue straight, the Las Villas del Rio Subdivision will be to your right. Turn right onto Hawk St, Turn right at Rd Runner St, destination will be at the end of the street.
Subdivision
Las Villas Del Rio
Interior Features
Features
Curbs, Gated, Street Lights
Exterior Features
Possession
Closing and Funding
Lot Size in Acres
0.27
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
11,761
Water
Public, City
Present Use
Multi-Family
Utilities
None
Possible Best Use
Residential
Utilities On Site
false
Zoning
RS
Crops
None
Road Description
Paved
Fencing
None
Road Frontage
City Street
Lot Description
Cul-De-Sac
School
Elementary School District
Rio Grande ISD
Middle School
Ringgold
Elementary School
Ramirez
High School
Rio Grande City H.S.
Additional Information
Is a Gated Community
Yes
HOA Fee
$460
Property Type
LL
HOA Frequency
Annually
Property SubType
Residential Lot
Taxes
599
APN
107420000002300000000
Tax Year
2024
Status
Active
Mortgage Calculator
$443
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$342
Monthly Tax
$79
Monthly Insurance
$22
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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