$295,000

106 S Arroyo Boulevard, Rio Hondo, TX 78583

  • 552 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $534/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Great opportunity to own a waterfront, grand-fathered, income-producing property in Rio Hondo. This unique setup includes a mix of cabins, mobile homes, RV rentals, and pad sites, creating multiple streams of income within one property. It’s already cash flowing with tenants in place, while still offering room to grow. City is not granting RV permits for this location anymore. The property sits in a quiet, laid-back area near the water, that can be upgraded seeking long-term renters as well as seasonal tenants or Airbnb looking for a more relaxed environment. With limited rental options in Rio Hondo, demand has remained steady. There is clear upside for the next owner—whether through increasing rents, leasing out additional spaces, adding more units, or updating existing ones to maximize returns. If you’re looking for something a little different from the typical multifamily property, this offers income today with the flexibility to expand and improve over time.

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 4:09AM
Listing Office:
RE/MAX elite : 956-583-2100
Listing Agent:
Erasmo Arjona : 956-522-9632
MLS ID:
501668
  • General: Other
  • Appliances: Water Heater (Other)Other
  • Laundry: None
  • Flooring: Other
  • A/C: Wall Unit(s)Window Unit(s)
  • Eco/Green Feature: None
  • General: Mature TreesOtherOutbuilding (None)
  • Parking: Other Garage or CarportParking spaces: 0
  • Roofing: Other
  • General: Other1CombinationOtherPillar/Post/PierSlab
  • Road/Access: CalicheDirtGravelOtherPavedWaterfront
  • Originating MLS: Greater McAllen
  • School District: Rio Hondo ISD
  • County: Cameron
  • Zoning: 5500005100001000
  • Fencing: Chain LinkOtherWood
  • Sewer: City SewerOther
  • Source: Greater McAllen

This listing courtesy of Erasmo Arjona , RE/MAX elite

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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