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Property profile & analytics
OFF-MARKET
Apartment buildings

421 Acacia St Alamo, TX 78516

Built 2024
Property ID
Property summary
AI-generated overview

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.

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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