601 Buccaneer Dr Hidalgo, TX 78557
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 601 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 high-end finishes such as quartz countertops and tile flooring, adding to their desirability. The units also feature decorative ceilings and the convenience of two carport spaces per unit. Adding to the property's appeal is a fully fenced perimeter, ensuring privacy and security. The rear units benefit from expansive backyards measuring an impressive 15 feet deep by 40 feet wide. This property represents a unique opportunity in Hidalgo, TX, as it is the only exclusive and secure four-plex residential development currently available. 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, secure environment, and generous lot size makes this a truly exceptional investment prospect.
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.
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.