1214 Cornerstone Loop

Beds
Baths
40,432 Sq. Ft.
$83 / Sq. Ft.
40,432
Sq. Ft.
$83
per Sq. Ft.

Description

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...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.
  1. Listed by Jaime Lee Gonzalez • TREC #801068777 • Keller Williams Realty Rgv

Property Details for 1214 Cornerstone Loop

Community Features
Curbs, Sidewalks
Subdivision Name
Trophy Plex
LISTING UPDATED: 02/13/2026 02:37 PM

Property Details for 1214 Cornerstone Loop

StatusActive
MLS #494702
Days on Market50
Taxes$78,822 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2007
Lot Size2.72 AC / 118,299 SF
CountyStarr County

Location

Listing Courtesy of Keller Williams Realty Rgv
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Building Information for 1214 Cornerstone Loop

Stories1Residences40Year Built2007Building Size-Lot Size2.72 AC / 118,299 SF

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Principal and Interest

$16,919

Property Taxes

$6,569

HOA Dues

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Property Information for 1214 Cornerstone Loop

Summary
Location and General Information
  • Directions: Take Hwy 83 to Rio Grande, turn south on Trophy St, go past Dr. Mario Ramirez Elementary, turn west on Cornerstone Loop.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 80.0
  • Carport YN: Yes
  • Covered Spaces: 80.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 80.0
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 Or Junior School: Rio Hondo Junior High
  • Middle Or Junior School District: Rio Grande ISD
Taxes and HOA
  • Association: No
  • Parcel Number: 172800000202200000000 (+ multiple GEO IDS)
  • Tax Annual Amount: $78,822
  • Tax Legal Description: LT 22, 23, 24, 25, 26, 27, 33, 34, 35, & 36 BLK B TROPHY PLEX S/D PH VIII
  • Tax Year: 2025
Property
Lot Information
  • Building Area Source: Starr CAD
  • Building Area Total: 40432.0
  • Building Area Units: Square Feet
  • Living Area: 40432.0
  • Living Area Source: Starr CAD
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees, Sidewalks
  • Lot Size Acres: 2.7158
  • Lot Size Area: 2.7158
  • Lot Size Square Feet: 118299.8124
  • Lot Size Units: Acres
Property and Assessments
  • Year Built: 2007
  • Year Built Source: SCAD
  • Escrow: $30,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 20
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: Wood
  • Pool: No
  • Number Of Buildings: 40
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 5
  • Number Of Units Total: 40
  • Other Expense: $.00

Property History for 1214 Cornerstone Loop

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Listed (Active)

Greater McAllen Association of REALTORS #494702

$3,360,000
DateEvent & SourcePrice
02/13/2026

Listed (Active)

Greater McAllen Association of REALTORS #494702

$3,360,000

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

Public Records for 1214 Cornerstone Loop

Taxable ValueLand$35,100Additions$238,550Total$273,650
Tax Record2025$1,532 ($128 / month)
Home Facts
Total Finished SqFt3,808 SqFtAbove Grade Finished SqFt3,808 SqFtLot Size11,700 SqFtStyleMulti-Family Dwelling (2-4)Year Built2012CountySTARRAPN172800000202200000000

Schools near 1214 Cornerstone Loop

This home is within Rio Grande City Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dr Mario E Ramirez Elementary School
PublicPK to 5

Ringgold Middle School
Public6 to 8

Rio Grande City 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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1214 Cornerstone Loop is a multi-family home for sale in Rio Grande City, TX 78582. This property was listed for sale on February 13, 2026 by Keller Williams Realty Rgv, it's currently listed at $3,360,000. This listing's school district is Rio Grande City Consolidated Independent School District. Nearby schools include Dr Mario E Ramirez Elementary School, Ringgold Middle School and Rio Grande City High School. 1214 Cornerstone Loop is a 0-bed, 0-bath, 40,432 sqft multi-family home built in 2007.

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.

Listing Courtesy of Keller Williams Realty Rgv

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.