604 Buccaneer Dr Hidalgo, TX 78557
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.
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
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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.