421 Acacia St Alamo, TX 78516
- Apartment buildings
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. Built in 2024, this property boasts a desirable location in a rapidly growing neighborhood, promising strong rental income and potential for appreciation. The property sits on a spacious 10,890 square foot lot and comprises two buildings. The unit mix offers a balance of sizes: two units feature three bedrooms and two bathrooms each, while the remaining two units provide two bedrooms and two bathrooms each. This configuration caters to a diverse range of renters, maximizing occupancy potential. The asking price for this turnkey investment is $515,000. Its convenient location offers easy access to major commuting routes, adding to its appeal for tenants. This property represents a compelling opportunity for investors seeking a well-maintained, high-demand multifamily asset in a thriving Texas market. The property's new construction status minimizes maintenance concerns and ensures modern amenities for tenants. This fourplex is ready for immediate income generation or expansion of an existing portfolio. The combination of location, unit mix, and new construction makes this a truly attractive investment.
Value Estimation
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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
