For sale

$425,000

121 Owens, Del Rio, TX 78840

--beds

--baths

2,757sqft

Est.:

Four Plex or More

Built in 2024

-- sqft lot

$436,700 Zestimate^®

$154/sqft

$-- HOA

What's special

Modern finishesSpacious layoutsKitchen living and dining

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.

12 days

138

10

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: $154/sqft
Tax assessed value: $344,293
Annual tax amount: $5,195
Date on market: 3/24/2026
Lease term: 12 Months,6 Months

Estimated market value

$436,700

$415,000 - $459,000

$1,399/mo

Price history

Date	Event	Price
3/24/2026	Listed for sale	$425,000-7.4%$154/sqft
Source: Del Rio BOR #208336 Report a problem
3/14/2026	Listing removed	$459,000$166/sqft
Source: eXp Realty #208122 Report a problem
2/3/2026	Listed for sale	$459,000$166/sqft
Source: Del Rio BOR #208122 Report a problem
2/1/2026	Listing removed	$459,000$166/sqft
Source: eXp Realty #207291 Report a problem
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

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%
2022	$226 +171.8%	$13,204
2021	$83 -66.1%	$13,204 -10.8%
2020	$246 -1.6%	$14,800
2019	$250	$14,800 +5.7%
2017	--	$14,000 -50.5%
2016	--	$28,260
2015	--	$28,260 +101.9%
2014	--	$14,000 -47.5%
2013	--	$26,660 +127.9%
2012	--	$11,700
2011	--	$11,700
2010	--	$11,700 -56.1%
2009	--	$26,660
2008	--	$26,660