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.