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40,432 sqft

$3,360,000

1214 Cornerstone Loop, Rio Grande City TX, 78582

Price per sqft$83.10
Built in2007
Property size40,432 sqft
Property typeMulti-family

Overview

Active

Listed Feb 13, 2026

Updated Jun 3

Large-scale multifamily investment opportunity featuring 40 residential units distributed across 10 subdivision lots in Rio Grande City. The well-balanced unit mix includes 27 2BD/1BA units and 13 3BD/2BA units, each offering approximately 1,103 square feet of living space. Located on Cornerstone Loop and Cedarwood Dr it has convenient access to Hwy 83, municipal offices, shopping, and dining supports tenant appeal and occupancy stability. A compelling opportunity for investors seeking immediate scale and long-term appreciation potential.

$22,354/mo

Est. mortgage payment based on a $3,360,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
494702

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.72 Acres

Other Property Details

Taxes
$78,822
Tax Frequency
Annually
MLS provider logo

Listed by Jaime Lee Gonzalez with Keller Williams Realty RGV
Listing Contact: 956-928-1155 

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 6/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 the Greater McAllen Association of REALTORS® all rights reserved.

Data last updated on 6/3/2026 at 5:02 PM UTC

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