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    208 San Vicente Dr Alamo, TX 78516

    For Sale
    $170,000

    Two-unit Alamo duplex, great investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 2002-built duplex in Alamo, Texas, presents a compelling investment opportunity. Located at 208 San Vicente Drive, 78516, this property sits on a 7,020.13 square foot lot. The building comprises one structure housing two units, each offering approximately 600 square feet of living space. Each unit benefits from a separate entrance, ensuring resident privacy. The property is conveniently situated in Alamo, providing easy access to local amenities, services, and transportation. Utility costs are simplified with a single water meter and a single electric meter serving both units. Currently, one unit is vacant, offering flexibility for owner occupancy or immediate rental income generation. This property is priced at $170,000 and represents a strong potential for return on investment in the desirable Alamo, Texas market. The property's location in Hidalgo County provides access to a growing community. This is a turnkey opportunity for an investor seeking a multifamily property in a convenient location.

    Property Features for 208 San Vicente Dr

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2002
    Buildings
    1
    Units
    2

    HighLights

    • $170,000 asking price.
    • Multifamily property, 2‑unit apartment building (duplex/triplex/quadruplex).
    • Built in 2002, located at 208 San Vicente Drive, Alamo, TX 78516.
    • 7,020.13 sq ft lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Department Store Hotel & Motel Bar & Pub HVAC Service Grocery Store Food Market Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1118197
    Latitude
    26.1493287

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit Alamo duplex, great investment.
    Where is this multifamily property located?
    The property is located at 208 San Vicente Dr Alamo, TX.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: $170,000 asking price.; Multifamily property, 2-unit apartment building (duplex/triplex/quadruplex).; Built in 2002, located at 208 San Vicente Drive, Alamo, TX 78516.
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    208 San Vicente Dr Alamo, TX 78516
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    Alamo, TX 78516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 San Vicente Dr Alamo, TX 78516
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