604 Buccaneer Dr Hidalgo, TX 78557
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 604 Buccaneer Dr
- Year built
- 2024
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment complex located at 604 Buccaneer Drive, Hidalgo, Texas, 78557. Completed in 2024, this property boasts two buildings situated on a spacious 11,200 square foot lot. Each of the four units includes modern appliances, elegant quartz countertops, durable tile flooring, and attractive decorative ceilings. Residents enjoy the convenience of two carport spaces per unit, enhancing both comfort and security. The property is fully fenced for added peace of mind. 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 and secure investment opportunity in Hidalgo, Texas, distinguished as the only exclusive 4-plex development of its kind in the area. The asking price for this turnkey investment is $535,000. This property is ideally suited for investors seeking a high-return, low-maintenance multifamily asset in a desirable location. The combination of modern amenities, ample parking, and a secure environment makes this a highly attractive proposition for tenants, ensuring strong occupancy rates and consistent rental income.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hidalgo
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2486
- Latitude
- 26.1065
