1214 CORNERSTONE LOOP, RIO GRANDE CITY, TX 78582
Homes for sale in Rio Grande City.
Homes for sale in 78582.
1214 Cornerstone Loop
Rio Grande City, TX 78582
List Price$3,360,000
Listing #494702
40,432
Square Feet
40
Number of Units
Multi-Unit Residential
Type
About This Property
Large-scale multifamily investment opportunity featuring 40 residential units distributed across 10 subdivision lots in Rio Grande City. The well-balanced unit mix includes 27 2BD/1BA units and 13 3BD/2BA units, each offering approximately 1,103 square feet of living space. Located on Cornerstone Loop and Cedarwood Dr it has convenient access to Hwy 83, municipal offices, shopping, and dining supports tenant appeal and occupancy stability. A compelling opportunity for investors seeking immediate scale and long-term appreciation potential.
Property Features
Location Information
County
Starr
Directions
Take Hwy 83 to Rio Grande, turn south on Trophy St, go past Dr. Mario Ramirez Elementary, turn west on Cornerstone Loop.
Subdivision
Trophy Plex
Interior Features
Interior
Ceiling Fan(s)
Laundry
Laundry Area, Washer/Dryer Connection
Heating
Central
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Cooling
Central Air
Total Number of Units
40
Floors
Tile
Features
Curbs, Sidewalks
Exterior Features
Construction
Brick
Parking Spaces
80
Foundation
Slab
Fencing
Wood
Roof
Shingle
Lot Description
Mature Trees, Sidewalks
Possession
Closing and Funding
Lot Size in Acres
2.716
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
118,299
Water
Public
Buildings
Outbuilding (None)
Parking Description
No Garage
Energy Features
Thermostat
Garage Spaces
0
Road Description
Paved
School
Elementary School District
Rio Grande ISD
Middle School
Rio Hondo Junior High
Elementary School
Ramirez
High School
Rio Grande City H.S.
Additional Information
Property Type
RI
Units in Complex
5
Property SubType
Multi Family
Taxes
78822
Year Built
2007
Tax Year
2025
APN
172800000202200000000 (+
Square Feet Source
Starr CAD
Status
Active
Mortgage Calculator
$15,691
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,107
Monthly Tax
$2,800
Monthly Insurance
$784
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
Real Estate IDX Powered by iHomefinder