56Days on Market

1view

$349,998

$350,000

23124 FM 345, RIO HONDO, TX, 78583

On Market

Price Drop

3 Beds

2 Bath

2,618 Sq Ft

Single Family Residence

$133.69 / sqft

Built in 1982

Property Lead Type:

Must-Sell

Highlights

Interior

Bedrooms 3

Bathrooms 2

FlooringLaminate, Tile

Building Information

Garage Spaces2

About this property

LOCATION, LOCATION, LOCATION! Welcome to country living at 23124 FM 345 in Rio Hondo, TX. Discover the perfect blend of country living and convenience on this Rio Hondo property resting on approximately 1.53 acres. This beautiful home offers 3 bedrooms, 2 bathrooms, and over 2,600 square feet of living space, and even a water well on site. You will also find the amazing upgrades of an outdoor chimney, and a spacious covered carport perfect for entertaining, inviting the whole family, or just to enjoy the peaceful surroundings. There are so many possibilities for outdoor activities, gardening, workshop space, or future improvements. Enjoy country living on FM 345 walking distance from the Rio Hondo schools, local amenities, minutes from Harlingen, short drive to San Benito and the Texas Gulf Coast and Arroyo City. Experience the space, privacy, and lifestyle that Rio Hondo has to offer—schedule your private showing today! There are not many nice homes with acreage at this price!

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,100 /month

Positive

Cash Flow Estimate:

$700 /month

Interested in this property?

MICHAEL HERNANDEZ

KELLER WILLIAMS LRGV

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Financing Details

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Interest Rate Assumption

$X/month

No HOA

5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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