408 Acacia St Alamo, TX 78516
This exceptional new construction fourplex in Alamo, Texas presents a compelling investment opportunity. Located in the desirable Tower Pointe Subdivision, this property boasts convenient access to Tower Road and Expressway 83, ensuring high visibility and tenant appeal. The property comprises two buildings, each housing two units, totaling four units in all. The lot size is a generous 10,745.81 square feet. Construction was completed in 2023. Two units offer three bedrooms and two bathrooms, each spanning 1,111 square feet, while the remaining two units feature two bedrooms and two bathrooms, each measuring 953 square feet. All units are equipped with modern amenities including porcelain wood-look tile flooring throughout, elegant quartz countertops, and stylish custom kitchens with modern fixtures. The open-concept layouts are ideal for comfortable living and entertaining. Bedrooms are generously sized and include ample closet space. Each unit comes complete with all appliances, adding to their immediate livability. The property also includes fencing and carports for added convenience and security. This turnkey investment is priced at $513,500 and offers significant potential for strong rental income and appreciation. The property's prime location and high-quality construction make it an attractive option for discerning investors seeking a profitable addition to their portfolio.
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.