106 S Arroyo Boulevard, Rio Hondo, TX 78583
- 552 sqft
Multi-Family Home
Built in 1990
0.29acre lot
—— car garage
$534/sqft
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: 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
