Growing Rio Grande Valley Market West Eisenhower Road
Rio Grande City, TX 78582
For Sale
2.42 ac
Sale Price
$420,000
Map
Land For Sale - Available Immediately
Prime Multifamily Development Opportunity
Get in touch
Ernest Garza
Carlos Telles
Attractive Basis for Development – Offered at $420,000, providing investors and developers with a cost-effective entry point for a multifamily development in an established residential corridor.
Strong Community Connectivity – Conveniently located near schools, neighborhoods, retail services, and daily amenities that support resident retention and long-term asset performance.
Value Creation Opportunity – Investors can capitalize on the area's continued residential growth by developing a multifamily asset that may benefit from both rental income generation and future appreciation.
Flexible Development Potential – The site's size and configuration provide the opportunity to develop a garden-style apartment community, townhome project, or other medium-density residential product, subject to zoning and municipal approvals.
Strong Community Connectivity – Conveniently located near schools, neighborhoods, retail services, and daily amenities that support resident retention and long-term asset performance.
Value Creation Opportunity – Investors can capitalize on the area's continued residential growth by developing a multifamily asset that may benefit from both rental income generation and future appreciation.
Flexible Development Potential – The site's size and configuration provide the opportunity to develop a garden-style apartment community, townhome project, or other medium-density residential product, subject to zoning and municipal approvals.
Prime Multifamily Development Opportunity – 2.42 acres strategically positioned for a multifamily residential project in the growing Rio Grande Valley market.
Infill Development Site – Located within an established community with nearby residential infrastructure already in place, reducing many challenges commonly associated with greenfield development.
Growing Rio Grande Valley Market – Rio Grande City continues to benefit from population growth and increasing demand for quality housing, creating favorable fundamentals for multifamily investors.
Strong Residential Demand Drivers – The property is surrounded by existing single-family neighborhoods, creating a natural extension for additional housing and supporting long-term occupancy potential.
School-Oriented Location – Situated directly across from a middle school, offering convenient access for families and enhancing the appeal of future multifamily residences.
Infill Development Site – Located within an established community with nearby residential infrastructure already in place, reducing many challenges commonly associated with greenfield development.
Growing Rio Grande Valley Market – Rio Grande City continues to benefit from population growth and increasing demand for quality housing, creating favorable fundamentals for multifamily investors.
Strong Residential Demand Drivers – The property is surrounded by existing single-family neighborhoods, creating a natural extension for additional housing and supporting long-term occupancy potential.
School-Oriented Location – Situated directly across from a middle school, offering convenient access for families and enhancing the appeal of future multifamily residences.
Total Space Available
2.42 ac
Sale Price
$420,000
Get in touch
Ernest Garza
Carlos Telles