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Property profile & analytics
OFF-MARKET
Apartment buildings

601 Buccaneer Dr Hidalgo, TX 78557

Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2024
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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