Discover this exceptional investment property, a newly built and fully occupied 5-plex, offering a prime opportunity for steady rental income. Each unit boasts modern finishes, spacious layouts, and high-quality construction. The property features include 4 - 1 bedroom 1 bathroom units with kitchen living and dining and 1-2 bedroom 2 bathroom unit with kitchen living and dining. Already fully leased and turn key operation for the new investors ensuring solid income potential from day one, new constructions guarantees minimal maintenance costs. Don't miss out on this investment property offering immediate cash flow and long-term appreciation potential. Property features a secondary cash flow opportunity with an 8 machine commercial coin-operated Laundromat.
For sale
$459,000
121 Owens, Del Rio, TX 78840
--beds
--baths
2,757sqft
Est.:
Four Plex or More
Built in 2024
-- sqft lot
$477,700 Zestimate®
$166/sqft
$-- HOA
What's special
Modern finishesSpacious layouts
- 164 days |
- 77 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: July 23, 2025 at 11:00pm
Listed by:
Javier Calderon 830-313-3142,
eXp Realty, LLC-Legacy Realty Group
Source: Del Rio BOR,MLS#: 207291
Tour with a local agent
Facts & features
Interior
Heating
- Electric, Central
Cooling
- Electric, Central Air
Appliances
- Included: Electric Oven/Range, Microwave, Refrigerator
Features
- Liv/Din Combo, Kit/Family Combo
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,757
- Total interior livable area: 2,757 sqft
Property
Parking
- Total spaces: 6
- Parking features: Gravel
Features
- Levels: 1,One
- Exterior features: Common Outside Entry
Lot
- Size: 0.25 Acres
Details
- Parcel number: 73722
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Four Plex or More
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Age: 0-1
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Central Laundry
- Security: Smoke Detector(s)
Location
- Region: Del Rio
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $344,293
- Annual tax amount: $5,195
- Date on market: 7/18/2025
- Lease term: 6 Months,12 Months
Estimated market value
$477,700
$454,000 - $502,000
$1,660/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Listed for sale | $459,000$166/sqft |
Source: Del Rio BOR #207291 Report a problem | ||
| 7/1/2025 | Listing removed | $459,000$166/sqft |
Source: Del Rio BOR #205866 Report a problem | ||
| 8/16/2024 | Price change | $459,000+2%$166/sqft |
Source: Del Rio BOR #205866 Report a problem | ||
| 7/9/2024 | Pending sale | $450,000$163/sqft |
Source: Del Rio BOR #205866 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,207 +1723.6% | $344,293 +1719.6% |
| 2024 | $286 +79.9% | $18,921 +79.5% |
| 2023 | $159 -29.8% | $10,540 -20.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,924/mo
Principal & interest
$2201
Property taxes
$562
Home insurance
$161
Climate risks
Neighborhood: Cienegas Terrace
Nearby schools
GreatSchools rating
- 2/10Garfield Elementary SchoolGrades: PK-5Distance: 2 mi
- 4/10San Felipe Memorial Middle SchoolGrades: 6Distance: 3.3 mi
- 6/10Del Rio High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Garfield
Source: Del Rio BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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