5.455± Acre Residential Development Opportunity | Rio Hondo, TX Positioned adjacent to an established multifamily community, this 5.455± acre development tract presents an outstanding investment opportunity in the heart of Rio Hondo. The level, rectangular site offers an efficient layout with nearby utilities and excellent development potential. The property is well suited for multifamily, townhomes, single-family residential, senior housing, or other residential development. Conveniently located near schools, shopping, healthcare, and major transportation routes, the property offers excellent accessibility while benefiting from the continued growth of Rio Hondo and the surrounding Cameron County market. Whether you're looking to develop immediately or invest for future appreciation, this property presents a compelling opportunity in an expanding market.