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20,720 sqft

$1,700,000

1001 Cedarwood Drive, Rio Grande City TX, 78582

Price per sqft$82.05
Built in2007
Property size20,720 sqft
Property typeMulti-family

Overview

Active

Listed Sep 28, 2026

Updated 2 weeks ago

A wise investment to build your wealth! 5 well-maintained fourplexes with 20 apartment units. All 5 lots/fourplexes are right next to each other. Each apartment is standing alone building which is very hard to find. Single family house style apartment. No shared wall with other apartment. All single stories. Huge lot size and has sidewalk between each fourplex. Each fourplex (4144 sqft) has two units of 2 bedrooms/2 bathrooms (each 952 sqft) and two units of 3 bedrooms/2 bathrooms (each 1120 sqft). Each apartment has beautiful interior design, granite kitchen countertop, tile floors thorough the apartment, separated utility room, private fence in slab patio, 2 covered assigned carports spaces. Good size master bedroom. The apartments are located on the new and growing area of Rio Grande City, south of Mario Ramirez Elementary school. The opportunity to grow is endless.

$11,310/mo

Est. mortgage payment based on a $1,700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
516418

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.36 Acres

Other Property Details

Taxes
$43,302
Tax Frequency
Annually
Maintenance Expense
$10,000
MLS provider logo

Listed by Chia Chiang with eXp Realty LLC
Listing Contact: 888-519-7431 

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 9/30/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 the Greater McAllen Association of REALTORS® all rights reserved.

Data last updated on 9/30/2026 at 2:30 AM UTC

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