0000 Falcon ST Active Save Request In-Person Tour Request Virtual Tour
Rio Grande City,TX 78582
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
Subdivision Las Villas Del Rio
MLS Listing ID 470547
HOA Fees $38/ann
HOA Y/N Yes
Annual Tax Amount $599
Tax Year 2024
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Residential Lot
Source Greater McAllen
Property Description
Build, build, build! Welcome to an exceptional opportunity to own a prime vacant lot in a serene one-street gated community, perfectly situated at the end of a quiet cul-de-sac. This property is zoned for a multi-family structure, allowing for the construction of four beautiful townhouses, each sitting on its own lot.
Envision a charming two-story brick building that complements the existing architecture of the neighborhood, offering modern living with a classic touch. This unique development opportunity can also be used to build the structure, live in one unit, and rent out the other three, maximizing your investment potential. You can also choose to sell the townhouses individually or retain them as part of your portfolio and take advantage of the strong rental market in the area, where average rents currently are approximately $1,250.
Come explore the potential this lot has to offer!
Location
State TX
County Starr
Community Curbs,Gated,Street Lights
Zoning RS
Exterior
Fence None
Community Features Curbs,Gated,Street Lights
Utilities Available None
View Y/N No
Building
Lot Description Cul-De-Sac
Faces Head E on US Hwy 83, Turn south on Trophy Rd. Continue straight, the Las Villas del Rio Subdivision will be to your right. Turn right onto Hawk St, Turn right at Rd Runner St, destination will be at the end of the street.
Sewer City Sewer
Water Public,City
New Construction No
Schools
Elementary Schools Ramirez
Middle Schools Ringgold
High Schools Rio Grande City H.S.
Others
Tax ID 107420000002300000000