106 S Arroyo Blvd

Beds
Baths
552 Sq. Ft.
$534 / Sq. Ft.
552
Sq. Ft.
$534
per Sq. Ft.

Description

Great opportunity to own a waterfront, grand-fathered, income-producing property in Rio Hondo. This unique setup includes a mix of cabins, mobile homes, RV rentals, and pad sites, creating multiple streams of income within one property. It’s already cash flowing with tenants in place, while still offering room to grow. City is not granting RV permits for this location anymore. The property sits in a quiet, laid-back area near the water, that can be upgraded seeking long-term renters as well as seasonal...Great opportunity to own a waterfront, grand-fathered, income-producing property in Rio Hondo. This unique setup includes a mix of cabins, mobile homes, RV rentals, and pad sites, creating multiple streams of income within one property. It’s already cash flowing with tenants in place, while still offering room to grow. City is not granting RV permits for this location anymore. The property sits in a quiet, laid-back area near the water, that can be upgraded seeking long-term renters as well as seasonal tenants or Airbnb looking for a more relaxed environment. With limited rental options in Rio Hondo, demand has remained steady. There is clear upside for the next owner—whether through increasing rents, leasing out additional spaces, adding more units, or updating existing ones to maximize returns. If you’re looking for something a little different from the typical multifamily property, this offers income today with the flexibility to expand and improve over time.
  1. Listed by Erasmo Arjona • TREC #801070286 • Re/Max Elite

Property Details for 106 South Arroyo Boulevard

Community Features
None
Subdivision Name
Rio Hondo Original Townsite
Waterfront Features
Waterfront
Waterfront
Yes
LISTING UPDATED: 04/13/2026 02:59 PM

Property Details for 106 South Arroyo Boulevard

StatusActive
MLS #501668
Days on Market7
Taxes$1,582 / year
HOA Fees-
Condo/Co-op Fees$600 / year
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1990
Lot Size0.29 AC / 12,499 SF
CountyCameron County

Location

Listing Courtesy of Re/Max Elite
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Building Information for 106 South Arroyo Boulevard

Stories1Residences12Year Built1990Building Size-Lot Size0.29 AC / 12,499 SF

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$1,667 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,485

Property Taxes

$132

HOA Dues

$50

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Property Information for 106 South Arroyo Boulevard

Summary
Location and General Information
  • Directions: Coming in to Rio Hondo through the Arroyo Colorado Lift bridge going west. Make a right on S Arroyo blvd, property will be on your right.
  • Road Surface Type: Caliche, Dirt, Gravel, Other, Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Other Garage or Carport
  • Parking Total: 0.0
School Information
  • Elementary School: Rio Hondo
  • Elementary School District: Rio Hondo ISD
  • High School: Rio Hondo H.S.
  • High School District: Rio Hondo ISD
  • Middle Or Junior School: Rio Hondo Junior High
  • Middle Or Junior School District: Rio Hondo ISD
Taxes and HOA
  • Association: No
  • Parcel Number: 5500005100001000
  • Tax Annual Amount: $1,582
  • Tax Legal Description: RIO HONDO ORIGINAL TOWNSITE S50' PARK AN-J HIATTMH PARK
  • Tax Year: 2025
Property
Lot Information
  • Building Area Source: Appraiser
  • Building Area Total: 552.0
  • Building Area Units: Square Feet
  • Living Area: 552.0
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees
  • Lot Size Acres: 0.287
  • Lot Size Area: 12499.9776
  • Lot Size Square Feet: 12499.9776
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1990
  • Year Built Source: CCAD
  • Escrow: $3,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer, Other
Green Features
  • Green Energy Efficient: None
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees, Other
  • Fencing: Chain Link, Other, Wood
  • Frontage Type: Waterfront
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Other
  • Other Structures: Outbuilding (None)
  • Roof: Other
Interior Features
  • Appliances: Water Heater (Other), Other
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling YN: Yes
  • Flooring: Other
  • Interior Features: Other
  • Laundry Features: None
  • Foundation Details: Combination, Other, Pillar/Post/Pier, Slab
Multi Family
Income & Expenses
  • Gross Income: $32,700.00
  • Insurance Expense: $800.00
  • Maintenance Expense: $600.00
Multi-Family Information
  • Number Of Units In Community: 12
  • Number Of Units Total: 12
  • Other Expense: $1,560.00

Property History for 106 South Arroyo Boulevard

DateEvent & SourcePriceAppreciation
Apr 13, 2026

Listed (Active)

Greater McAllen Association of REALTORS #501668

$295,000
DateEvent & SourcePrice
04/13/2026

Listed (Active)

Greater McAllen Association of REALTORS #501668

$295,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 106 South Arroyo Boulevard

Taxable ValueLand$60,000Additions$78,588Total$138,588
Tax Record2025$1,582 ($132 / month)
Home Facts
Total Finished SqFt444 SqFtAbove Grade Finished SqFt444 SqFtStories1Lot Size12,502 SqFtStyleMiscellaneous CommercialYear Built1980ZoningCCountyCAMERONAPN55-0000-5100-0010-00

Schools near 106 South Arroyo Boulevard

This home is within Rio Hondo Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Rio Hondo Elementary School
PublicPK to 4

Rio Hondo Middle School
Public5 to 8

Rio Hondo High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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106 South Arroyo Boulevard is a multi-family home for sale in Rio Hondo, TX 78583. This property was listed for sale on April 13, 2026 by Re/Max Elite, it's currently listed at $295,000. This listing's school district is Rio Hondo Independent School District. Nearby schools include Rio Hondo Elementary School, Rio Hondo Middle School and Rio Hondo High School. 106 South Arroyo Boulevard is a 0-bed, 0-bath, 552 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Re/Max Elite

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.