421 Acacia St Alamo, TX 78516
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.
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.