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$114,995

00 Falcon Street, Rio Grande City, TX, 78582

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About this property

Great investment opportunity to own 4 vacant lots in a highly desirable gated community, perfectly situated at the end of a quiet cul-de-sac. This property is zoned for a multi-family, allowing for the construction of 4 townhomes, each sitting on its own individual lot. This restricted gated community is conveniently located close to entertainment, dining and shopping destinations. As a unique property, it offers the opportunity to build for homestead use while the remaining 3 units can bring potential rental income. You can also choose to sell the townhomes individually.

Investor Tools

$0Estimated Mortgage Balance
$114,995Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month

Interested in this property?

Sergio Guerra

CNC REALTY RGV, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Rio Grande City

00 Falcon Street | Property Details | No Agent List