432 Acacia St Alamo, TX 78516
- Apartment buildings
- 3,828 SF
Current Use by Public Records
- Apartment buildings
Property Details for 432 Acacia St
- Year built
- 2023
- Property size
- 3,828 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 432 Acacia Street in Alamo, Texas, 78516. Built in 2023, this property boasts a total of 3,828 square feet situated on a 10,589 square foot lot. The property comprises two buildings, offering a mix of unit sizes: two two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units. Each unit features a modern open-concept floor plan with attractive wood-look tile flooring throughout. Kitchens are equipped with custom cabinets, modern quartz countertops, and ample storage space. Large walk-in closets and spacious bedrooms add to the appeal. Every unit enjoys its own private fenced backyard, enhancing privacy and outdoor living space. Stainless steel appliances (refrigerator, stove, and microwave), a washer, and a dryer are included in each unit. The property also offers eight carport spaces for convenient parking. Tenants are responsible for their own utilities, maximizing the potential for rental income. This prime location within the Tower Pointe Subdivision offers easy access to Bus 83, schools, shopping, and the expressway, making it highly attractive to renters. This is a remarkable opportunity for immediate cash flow and strong long-term investment potential. The asking price is $480,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alamo
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.111
- Latitude
- 26.1836