432 Acacia St Alamo, TX 78516
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.
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.