611 Buccaneer Dr Hidalgo, TX 78557
This exceptional investment opportunity presents a brand-new, four-unit apartment complex located at 611 Buccaneer Drive, Hidalgo, Texas, 78557. Completed in 2024, this property boasts two buildings situated on a spacious 11,200.14 square foot lot. Each of the four units includes modern appliances, elegant quartz countertops, and attractive tile flooring. Adding to the appeal are decorative ceilings and the convenience of two carport spaces per unit. The entire property is securely fenced, offering residents peace of mind. A significant advantage is the generous backyard space, particularly for the rear units, measuring an impressive 15 feet deep by 40 feet wide. This property represents a unique investment prospect in Hidalgo, Texas, distinguished as the only exclusive and secure four-plex residential development in the area. The asking price for this turnkey investment is $535,000. The property's prime location and high-quality construction make it an attractive option for discerning investors seeking strong rental income and potential appreciation. This is a rare opportunity to acquire a newly built, well-appointed multifamily property in a desirable location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.