New Alamo Fourplex Investment
916 13th Street Alamo, TX 78589
916 13th Street, Alamo, TX, 78589
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For Sale
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New construction fourplex with modern finishes in Alamo, Texas.
Property Size3,789 SF
Price / SF$125.36
Days on Market648
Property Features for 916 13th Street
General Information
- Standard status
- Active
- Size
- 3,789 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing agency
Living In South Texas Realty
Listed by
Ayleen Reyes · License #TREC # 0805123
Source
Crexi
Added: Oct 12, 2024 Updated: Jul 10 at 11:22AM Checked: Jul 21 at 9:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Living In South Texas Realty
Investment Insights
Based on property information with market context.
This is a new construction fourplex located in Alamo, Texas. The property is ideally located off the main road, providing quick access to the freeway. Each unit features modern finishes, spacious layouts, and energy-efficient features. The property is suitable for investors looking to expand their portfolio or for house hacking, allowing owners to live in one unit while renting out the others. The property size is 3789 square feet.
Key Highlights
- New construction fourplex (built in 2025) offers modern living and minimal maintenance.
- Ideal location off the main road with quick freeway access.
- Each unit features spacious layouts and modern finishes.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.2k | $14.04 |
| − Vacancy | −$5.9k | −$1.55 |
| EGI | $47.3k | $12.49 |
| − OpEx | −$14.2k | −$3.75 |
| NOI | $33.1k | $8.74 |
3,789 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$473.4K
$414.2K – $552.3K
NOI $33,135 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$435.8K
$381.3K – $508.5K
NOI $30,507 @ 7.0% cap · market cap 6.42%
Theoretical Best
Hotel Hospitality
$2.85M
$2.50M – $3.33M
NOI $199,775 @ 7.0% cap · market cap 42.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - New construction fourplex with modern finishes in Alamo, Texas.
Where is this quadplex located?
The property is located at 916 13th Street Alamo, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: New construction fourplex (built in 2025) offers modern living and minimal maintenance.; Ideal location off the main road with quick freeway access.; Each unit features spacious layouts and modern finishes.
