Current Use by Public Records
- Apartment buildings
Property Details for 421 Acacia St
- Year built
- 2024
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building in Alamo, Texas, at 421 E Acacia Street, zip code 78516. Completed in 2024, this property boasts two buildings situated on a spacious 10,890 square foot lot. The property consists of four well-appointed units; two are three-bedroom, two-bathroom units, and the other two are two-bedroom, two-bathroom units. This multifamily property is ideally located in a rapidly growing neighborhood of Hidalgo County, offering convenient access to major roadways for easy commutes. The strategic location and new construction contribute to a high potential for rental income and appreciation, making this an attractive investment for both seasoned and aspiring real estate investors. The asking price for this turnkey property is $505,000. This represents a compelling opportunity to acquire a well-maintained, income-generating asset in a desirable Texas market. The property's modern design and prime location ensure strong tenant demand and long-term value. Don't miss this chance to secure a piece of Alamo's thriving real estate market.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alamo
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.111
- Latitude
- 26.1836
