Active

$299,000

For sale

1014 S••••• Cedarwood Dr S (Sign up for 50 free credits to unlock)Rio Grande City, TX 78582

-Beds

4Baths

4,144Sq Ft Living

12,349Sq Ft Lot

2007Year Built

Property Description

Each unit of the four-plex is a stand alone unit three blocks away from Dr. Mario Ramirez Elementary and approximately one mile from City Hall and U.S. Highway 83. Apartment units are in good condition and are rented below market rates. Three bedrooms should be $850 per month and two bedroom units should be at $750 per month. Schools, shopping and entertainment are minutes from this location. Plenty of professionals in the immediate area give this site excellent rental opportunities.

Property Facts & Features

Property Type: Multi Family
Status: Active
Listed: Feb 25, 2024
Price per Sq Ft: $72/sqft
ZIP Code: 78582
Stories: 1
Parking: Garage Faces Rear
Heating: Central, Electric
Cooling: Central Air, Electric
Construction: Brick
Property Tax (2025): $8,345/yr
Assessed Value: $289,750
County: Starr
School District: Rio Grande City Consolidated Independent School District

Features & Amenities

Land Info

Lot Description: Alley, Corner Lot, Curb & Gutters, Mature Trees, Professional Landscaping
Lot Size Acres: 0.2835
Lot Size Square Feet: 12350

Appliances

Electric Water Heater
Water Heater (Laundry Room)
Dishwasher
Microwave
Refrigerator
Stove/Range-Electric Coil
Laundry Features: Laundry Room, Washer/Dryer Connection

Rental Info

Gross Income: 35000

Home Features

Security Features: Smoke Detector(s)

Multi-Unit Info

Number of Buildings: 4
Number of Units In Community: 4
Number of Units: 4

Garage and Parking

Carport Spaces: 2
Covered Spaces: 2
Parking Features: Garage Faces Rear
Parking Total: 2

School Information

Elementary School: Ramirez
Elementary School District: Rio Grande ISD
High School: Rio Grande City H.S.
High School District: Rio Grande ISD
Middle School: Ringgold
Middle or Junior School District: Rio Grande ISD

Heating and Cooling

Cooling Features: Central Air, Electric
Heating Features: Central, Electric
Heating: Yes

Other Property Info

Annual Tax Amount: 8198
City Region: Rio Grande City
Source Listing Status: Active
County: Starr
Directions: Entering Rio Grande on East U.S. Highway 83 across from Payne Ford on the south side is Trophy Street. Go south one mile just past Dr. Mario Ramirez Elementary to Cedarwood Drive and turn right, about two blocks, the complex is located at the corner.
Tax Year: 2024
Insurance Expense: 3800
Source Neighborhood: Trophy Plex
Parcel Number: 172800000203000000000
Subdivision: Trophy Plex
Property Subtype: Quadruplex

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Building and Construction

Total Square Feet Living: 4144
Year Built: 2007
Building Area Total: 4144
Building Area Units: Square Feet
Construction Materials: Brick
Foundation Details: Slab
Living Area Source: Starr CAD
Living Area Units: Square Feet
Property Age: 19
Roof: Composition Shingle
Levels or Stories: 1

Exterior and Lot Features

Balcony
Mature Trees
Fencing: Landscaped
Patio And Porch Features: Patio Slab
Patio: Yes

Amenities and Community Features

Community Features: Curbs, Sidewalks, Street Lights

Price & Event History

Date	Event	Price	$/Sq Ft
Jul 7, 2026	Price Changed	$299,000	$72
Feb 25, 2024	Listed	$329,000	$79

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$8,345	$289,750	$37,050	$252,700	$289,750
2023	$8,098	$289,750	$37,050	$252,700	$289,750
2022	$9,026	$289,750	$37,050	$252,700	$289,750
2021	$8,694	$289,750	$37,050	$252,700	$289,750
2020	$6,416	$212,290	$37,050	$175,240	$212,290
2019	$1,043	$197,470	$22,230	$175,240	$197,470
2018	$1,030	$197,470	$22,230	$175,240	$197,470
2017	$5,679	$194,660	$22,230	$172,430	$194,660
2016	$5,736	$194,660	$22,230	$172,430	$194,660
2015	$5,717	$194,670	$22,230	$172,440	$194,670
2014	$5,765	$194,670	$22,230	$172,440	$194,670
2013	$5,560	$194,670	$22,230	$172,440	$194,670

Nearby Schools

6/10
Dr Mario E Ramirez Elementary School
Public · Elementary · Grades K-5
0.3 mi
5/10
Rio Grande City High School
Public · High · Grades 9-12
4.8 mi
5/10
Ringgold Middle School
Public · Middle · Grades 6-8
5.8 mi
NR
Immaculate Conception School
Private · Elementary, Middle · Grades K-8
3.9 mi