713 Rio Vista Drive, Modesto, CA 95355, Modesto, 95355 - 4 bed, 3 bath
713 Rio Vista Drive
Modesto, CA 95355
Property Price
SUMMARY
Analysis of 713 Rio Vista Drive, Modesto, CA 95355 reveals a Prime Investment Opportunity with a current list price of $439,900—significantly undercutting the $493,645 Fair Market Value by 10%. This valuation gap indicates a +$53,745 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 713 Rio Vista Drive Subject | $439,900* List Price | 4 | 3 | 2,266 | $218 | - |
A 1422 Locke Road Sold | $440,000 | 3 | 2 | 2,173 | $202 | 0.6 mi |
B 2620 Portsmouth Lane Sold | $550,000 | 3 | 2 | 2,214 | $248 | 0.8 mi |
C 1600 E Coolidge Avenue Sold | $410,000 | 3 | 2 | 1,908 | $215 | 0.9 mi |
D 1225 Romano Way Sold | $450,000 | 3 | 2 | 1,805 | $249 | 0.9 mi |
E Rockford Avenue Sold | $469,500 List Price | 3 | 2 | 1,949 | 0.8 mi | |
F 1422 Locke Road Active | $459,999 List Price | 3 | 2 | 2,173 | $212 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1961, the property is well-maintained but largely original, featuring a dated kitchen with older appliances, vintage bathrooms, and fluorescent box lighting. While the home is functional and includes desirable features like hardwood floors and a pool, the listing explicitly describes it as a 'project' and 'opportunity to reimagine,' indicating it requires cosmetic updates and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Living Potential
The home features a versatile layout with a primary suite on the main floor and a private junior suite upstairs, offering excellent flexibility for guests or extended family.
- Outdoor Entertainment Amenities
Situated on a nearly 9,000-square-foot lot, the backyard is fully equipped for Central Valley summers with a built-in pool and a large covered patio.
- Character and Equity Opportunity
With original hardwood floors and 'great bones' in an established neighborhood, this property provides a solid foundation for buyers looking to build equity through renovation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8999, other record lot size in square feet = 8712.
- Renovation Requirements
Marketed as a project that needs to be 'reimagined,' the home likely requires significant cosmetic and potentially structural updates to meet modern standards.
- Lower School Ratings
The assigned public schools for this address currently hold lower ratings (3-4 out of 10), which may be a concern for families prioritizing high-performing educational districts.
About 713 Rio Vista Drive
Located in a beautiful, established Central Modesto neighborhood, this spacious home is full of character, charm, & opportunity. With great bones & over 2,266 square feet (per assessor), the layout lives even larger offering room to reimagine, redesign, and truly make it your own. Hardwood floors run through much of the home, adding warmth & timeless appeal. The main primary suite is conveniently located on the first floor, while a private junior suite upstairs provides flexible living options for guests, extended family, or multi-generational living. Situated on a large lot, the backyard is ready for entertaining and relaxing with a generous covered patio and a built-in pool perfect for enjoying warm Central Valley days. If you've been waiting for the right project in a well-established neighborhood, this is your opportunity to create something special.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 8,999 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Modesto Unified Schools
Rose Avenue Elementary School
Grades K-6 • 0.4 mi
La Loma Junior High School
Grades 7-8 • 0.7 mi
Thomas Downey High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 2,266 | 1,704 | 85% |
| Lot Size | 8,999 | 6,599 | 87% |
| Price | $439.9K | $465.0K | 33% |
| Price per sq ft | $194 | $284 | 6% |
| Built year | 1961 | 1984 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 173 | 3% |
Pricing History
Listed for Sale
Feb 15, 2026
$439,900
Initial Listing