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Property profile & analytics
OFF-MARKET
Apartment buildings

432 Acacia St Alamo, TX 78516

3,828 SF Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2023
Total area 3,828 SF
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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