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337 COLORADO AVE.
RIO HONDO TX 78583 US

$323,000

Active Listing ID 29778471
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2,552 square feet
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Lot: 0.27 Acres
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Other

$323,000

Active Listing ID 29778471
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337 COLORADO AVE. 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!

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Property Features

  • Facts
  • Lot Size: 0.27 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Electric, Central Air
  • Floor Covering: Tile
  • Heating Fuels: Central, Electric (Heating)

School Information

  • School
  • RIO HONDO(Elementary)
  • RIO HONDO(MiddleSchool)
  • RIO HONDO(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 323000
  • unparsedaddress: 337 COLORADO AVE.
  • postalcity: RIO HONDO
  • stateorprovince: TX
  • country: US
  • postalcode: 78583
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2727
  • lotsizeunits: Acres
  • lotsizearea: 0.2727
  • livingarea: 2552
  • livingareaunits: Square Feet
  • latitude: 26.234812
  • longitude: -97.57508859
  • listagentfullname: JACQUELYN WRIGHT
  • listagentemail: jacque@jacquewright.com
  • listagentkey: 3yd-HBRTX-107_543
  • listagentmlsid: 107_543
  • listagentpreferredphone: 9562446620
  • listagentofficephone: 9562446620
  • listofficekey: 3yd-HBRTX-107
  • listofficemlsid: 107
  • disclaimer: Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HBRTX
  • yearbuilt: 2004
  • listingcontractdate: 2026-08-04
  • listagenturl: www.jacquewright.com
  • countyorparish: CAMERON
  • elementaryschool: RIO HONDO
  • highschool: RIO HONDO
  • elementaryschooldistrict: RIO HONDO I.S.D.
  • middleorjuniorschooldistrict: RIO HONDO I.S.D.
  • highschooldistrict: RIO HONDO I.S.D.
  • appliances: Range, Refrigerator
  • cooling: Electric, Central Air
  • flooring: Tile
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: None
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Smoke Alarm(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.57509, 26.234812
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Harlingen Homes", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jacque@jacquewright.com", "ListBrokerageCity":"HARLINGEN", "ListBrokerageCountry":"US", "ListBrokerageEmail":"marcus@harlingenhomes.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/1952/329832/20160524164255399.png", "ListBrokerageName":"Harlingen Homes", "ListBrokeragePhone":"(956) 423-5300", "ListBrokeragePostalCode":"78550", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1201 E Harrison Ave", "ListBrokerageWebsiteUrl":"http://www.harlingenhomes.com", "ListOfficeAddress1":"1617 E Tyler Suite H ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"107", "ListOfficeCity":"Harlingen", "ListOfficeCountry":"US", "ListOfficeEmail":"lisa@harlingenhomes.com", "ListOfficePostalCode":"78550", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - RIO HONDO, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/337-E-Colorado-St_Rio-Hondo_TX_78583_M72397-17659?f=listhub&s=HBRTX&m=29778471&c=rexren", "MLSModificationTimestamp":"2026-08-04 16:44:34", "Neighborhoods":[{"Description":null, "Name":"MORNING GLORY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/4/2026 8:14:46 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: JACQUELYN WRIGHT, MARCUS PHIPPS REAL ESTATE, LLC, jacque@jacquewright.com

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.