608 Buccaneer Dr Hidalgo, TX 78557
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 608 Buccaneer Drive, Hidalgo, Texas, 78557. Completed in 2024, this property boasts two buildings situated on a spacious 11,200.147 square foot lot. Each of the four units includes modern amenities such as quartz countertops, tile flooring, and attractive decorative ceilings. Adding to the appeal, each unit features a two-car carport. The property is fully fenced for enhanced security and privacy. A notable feature is the generous backyard space for the rear units, measuring an impressive 15 feet deep by 40 feet wide. This property represents a unique investment opportunity in Hidalgo, Texas, offering a secure and exclusive residential development. The asking price for this turnkey property is $535,000. This multifamily property is ideally suited for investors seeking a high-return, low-maintenance investment in a rapidly growing market. The property's modern design and desirable features are sure to attract high-quality tenants, ensuring a strong rental income stream. Don't miss this chance to acquire a truly exceptional investment property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.