1201 Cornerstone Loop

Rio Grande City, TX 78582

$329,000
Price
Beds
4,144 Sq. Ft.
$79 / Sq. Ft.
4,144
Sq. Ft.
$79
per Sq. Ft.

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.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.
  1. Listed by Michael J. Ramey • TREC #801000115 • Coldwell Banker La Mansion

Property Details for 1201 Cornerstone Loop

Community Features
Curbs, Sidewalks, Street Lights
Subdivision Name
Trophy Plex

Location

Listing Courtesy of Coldwell Banker La Mansion
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LISTING UPDATED: 03/13/2024 01:04 AM

Property Details for 1201 Cornerstone Loop

StatusActive
MLS #429210
Days on Market79
Taxes$8,198 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2007
Lot Size0.28 AC / 12,350 SF
CountyStarr County

Location

Listing Courtesy of Coldwell Banker La Mansion
Add your commute

Building Information for 1201 Cornerstone Loop

Stories-Residences4Year Built2007Building Size-Lot Size0.28 AC / 12,350 SF

Payment Calculator

$2,479 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,795

Property Taxes

$683

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1201 Cornerstone Loop

Summary
Location and General Information
  • Directions: Entering Rio Grande City 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 Cornerstone Drive and turn right, about two blocks, the complex is located at the corner.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 2.0
  • Carport YN: Yes
  • Covered Spaces: 2.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Garage Faces Rear
  • Parking Total: 2.0
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: Ringgold
  • Middle Or Junior School District: Rio Grande ISD
Taxes and HOA
  • Association: No
  • Parcel Number: 172800000202900000000
  • Tax Annual Amount: $8,198
  • Tax Legal Description: LT 29 BLK B Trophy Plex S/D PH VIII, Starr County, Texas.
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Starr CAD
  • Building Area Total: 4144.0
  • Building Area Units: Square Feet
  • Living Area: 4144.0
  • Living Area Source: Starr CAD
  • Living Area Units: Square Feet
  • Lot Features: Alley, Corner Lot, Curb & Gutters, Mature Trees, Professional Landscaping
  • Lot Size Acres: 0.2835
  • Lot Size Area: 12350.1312
  • Lot Size Dimensions: 95 x 130
  • Lot Size Square Feet: 12350.1312
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2007
  • Year Built Source: SCAD
  • Escrow: $5,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 4
  • Sewer: City Sewer
  • Utilities: Cable Available
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Mature Trees
  • Fencing: Landscaped
  • Pool: No
  • Number Of Buildings: 4
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Dishwasher, Microwave, Refrigerator, Stove/Range-Electric Coil
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Porcelain Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Built-in Features, Ceiling Fan(s), Microwave, Walk-In Closet(s)
  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $35,000.00
  • Insurance Expense: $3,800.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 1201 Cornerstone Loop

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1201 Cornerstone Loop

Taxable ValueLand$37,050Additions$262,490Total$299,540
Tax Record2022$3,435 ($286 / month)
Home Facts
Total Finished SqFt5,512 SqFtAbove Grade Finished SqFt5,512 SqFtLot Size12,349 SqFtStyleMulti-Family Dwelling (2-4)Year Built2007CountySTARRAPN172800000202900000000

Schools near 1201 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

Preparatory For Early College High S
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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1201 Cornerstone Loop is a multi-family home for sale in Rio Grande City, TX 78582. This property was listed for sale on February 26, 2024 by Coldwell Banker La Mansion, it's currently listed at $329,000. 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. 1201 Cornerstone Loop is a 0-bed, 0-bath, 4,144 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker La Mansion

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.