Elegant suburban home with driveway at sunset showcasing modern architecture.
337 COLORADO AVE.
RIO HONDO, TX, 78583
$323,000
Beds
0 Baths
2,552 SqFt
0.27 Acres
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MLS #29778471 image #0
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!
Listing Provided Courtesy of MARCUS PHIPPS REAL ESTATE, LLC at 9564235300

Property Details

Price:
$323,000
MLS #:
29778471
Status:
Active
Baths:
0
Type:
Multi Family
Subdivision:
MORNING GLORY
Listed Date:
Aug 4, 2026
Finished Sq Ft:
2,552
Lot Size:
11,878 sqft / 0.27 acres (approx)
Year Built:
2004
Morning GloryRio Hondo I.s.d.Rio HondoRio HondoRio Hondo

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Schools

School District:
RIO HONDO I.S.D.
Elementary School:
RIO HONDO
Middle School:
RIO HONDO
High School:
RIO HONDO

Interior

Heating System
Central, Electric

Exterior

# Prkng Spcs
8.00
# Stories
Two
Building 1 # Units
4
Energy Features
Double Pane Windows

Financial

Map

Community

Market Summary

Current real estate data for Multi Family in RIO HONDO as of Aug 05, 2026
1
Multi Family Listed
1
Avg DOM
127
Avg $ / SqFt
$323,000
Avg List Price

Property Summary

    Located in the MORNING GLORY subdivision, 337 COLORADO AVE. RIO HONDO TX is a Multi Family for sale in RIO HONDO, TX, 78583. It is listed for $323,000 To schedule a showing of MLS#29778471 at 337 COLORADO AVE. in RIO HONDO, TX, contact your Lolly Burns Real Estate agent at 956-423-0400.

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