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.