- 10 beds
- 8 baths
- 4,788 sqft
- $206 per sqft
- 1980 build
- – on site
Opportunity knocks with this rare, income-producing gem just yards from the Frio River. River Run Villas is a four-unit, townhome-style property with individual deeds-giving buyers flexibility for resale, financing, or strategic portfolio structuring. This townhome-style building features four fully furnished 2+bedroom, 2-bath units -each approximately 1,100 sq. ft. With the recent upgrades and strong professional management, every unit is move-in or turn-key rent-ready. Recent upgrades include: Full exterior repaint, brand new balcony railings, new doors with keyless entry systems, new mattresses & exterior furnishings, new linens, new pool pump and vacuum, plus all new kitchen appliances and water heaters in every unit! Guests enjoys access to a large pool, private picnic and BBQ areas, and a shared open-air space ideal for larger group gatherings. There are two covered carports with designated parking for each unit. Positioned within walking distance to the river, this property is tailor-made for consistent rental income and high guest satisfaction. Whether you're scaling your STR portfolio or seeking a family-friendly vacation compound with rental upside, River Run Villas checks every box. The combination of flexible ownership (4 separate deeds), prime location, and recent capital improvements makes this a rare find in the Frio Canyon. Properties like this don't come to market often, secure your stake in one of Texas' favorite vacation destinations.
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Last updated May 30, 2025
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MLS# 1869998 —
The Building
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Year Built:1980
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Approx Age:45
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Construction:Pre-Owned
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Builder Name:NA
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Building Type:Townhome Style
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Security:Controlled Access
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Exterior:Stone/Rock, Siding
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Exterior Features:Covered Patio, Bar-B-Que Pit/Grill, Deck/Balcony, Mature Trees, Country View, Pool View
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Roof:Metal Roof
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Stories:2
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Entry Level:1
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Inclusions:Ceiling Fans, Washer Connection, Dryer Connection, Microwave Oven, Stove/Range
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Total Units:4
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Unit Number:A, B,
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Unit:Two Levels
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Total SqFt:4788
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SqFt Source:Appsl Dist
Interior
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Interior Features:One Living Area, Living/Dining Combo, Eat-In Kitchen, Loft, High Ceilings, Open Floor Plan, Laundry Main Level
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Window Coverings:Some Remain
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Flooring:Ceramic Tile Flooring, Vinyl Flooring
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Fireplace:Living Room Fireplace
Room Dimensions
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Living Room Length:13
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Living Room Width:10
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Kitchen Length:10
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Kitchen Width:12
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Dining Room Length:8
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Dining Room Width:7
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Master Bedroom Length:12
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Master Bedroom Width:12
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Bedroom 2 Length:13
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Bedroom 2 Width:14
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Bedroom 3 Length:11
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Bedroom 3 Width:11
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Bedroom 4 Length:18
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Bedroom 4 Width:13
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Bedroom 5 Length:11
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Bedroom 5 Width:13
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Master Bath Length:8
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Master Bath Width:6
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Other Room 2 Length:4
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Other Room 2 Width:7
Financial & Terms
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Possession:Closing/Funding
Location
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Directions:From Hwy 83 N, turn right onto Ranch Road 1120. The compound will be down on your right.
The Property
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Area:3100
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Price Per SqFt:$206.55
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Property ID:3531
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Tax Year:2023
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Total Taxes:$13,598
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Taxed by Multiple Counties:No
Beds
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Total Bedrooms:10
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Master Bedroom:Downstairs
Baths
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Total Baths:8
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Full Baths:8
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Full and Half Baths:8
Heating & Cooling
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Heating:Central Heating
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Heating Fuel:Electric Heating
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Air Conditioning:Three+ Central, Two Window
Schools
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Elementary School:Leakey
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Middle School:Leakey
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High School:Leakey
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School District:Leakey ISD
The Community
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Common Area Amenities:Pool, Basketball Court
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Condo Management:Off-Site Management
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HOA:None
Parking
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Parking:Detached
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Additional Parking:Two Car Carport, Four or More Car Open Space
Monthly cost estimate

Asking price
$989,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,295
|
Taxes | $1,133 |
Insurance | $271 |
Utilities | $252 See report |
Total | $6,951/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/25/25
May 25, 2025
|
Listed / Active | SABOR | $989,000 | 6.5% (2.2% / YR) |
5/24/22
May 24, 2022
|
SABOR | $929,000 | ||
12/22/21
Dec 22, 2021
|
SABOR | $929,000 |