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Property profile & analytics
OFF-MARKET
Apartment buildings

604 Buccaneer Dr Hidalgo, TX 78557

Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2024
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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