337 Colorado Ave.
$323,000
Property Description
Turn-key, fully leased multi-family investment opportunity in a prime Rio Hondo location with excellent visibility just off the main road. This exceptionally maintained property features four units consisting of two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, with stable, long-term tenants already in place for immediate income. Recent improvements include a new roof (2025), rebuilt stairs (2024), replacement of cracked windows (2025), and freshly painted trim and stairs (2026). All water heaters have been replaced within the past three years, and all A/C units have been updated within the past eight years, providing added value and peace of mind. Conveniently located with easy access to shopping, dining, schools, and some of the area's best fishing, this well-maintained property is an excellent opportunity to add a quality, income-producing asset to your investment portfolio!
Property Details
Listing
- MLS #
- 29778471
- Status
- Active
- Property Type
- Residential Income
- Property Subtype
- Multi Family
- List Price
- $323,000
- Days on Market
- 1
Interior
- Bedrooms
- 0
- Bathrooms
- 0
- Living Area
- 2552 Sq Ft
- Heating
- Central, Electric
- Appliances
- Electric Water Heater, Refrigerator
- Flooring
- Tile
Exterior
- Year Built
- 2004
- Lot Size
- 11878.812
- Lot Features
- None
- Exterior Features
- None
- Construction Materials
- Brick
- Foundation
- Slab
- Parking
- 8
Location
- Address
- 337 Colorado Ave., Rio Hondo TX
- City
- Rio Hondo
- County
- Cameron
- Subdivision
- Morning Glory
- School District
- Rio Hondo I.S.D.
- Elementary School
- Rio Hondo
- Middle School
- Rio Hondo
- High School
- Rio Hondo
- Latitude
- 26.234812
- Longitude
- -97.575088593
Financial & MLS
- Listing Agent
- Jacquelyn Wright
- Listing Office
- MARCUS PHIPPS REAL ESTATE, LLC
- List Agent Email
- jacque@jacquewright.com
- Modification Timestamp
- 2026-08-04T16:44:34.000Z
Property Location
337 Colorado Ave., Rio Hondo TX
337 Colorado Ave., Rio Hondo TX
Mortgage Estimate
Listing information is supplied for consumer review and may change without notice. Last listing update: 2026-08-04T16:44:34.000Z. Verify price, availability, property condition, school assignments, measurements, and showing instructions before making decisions.
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