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Property profile & analytics
OFF-MARKET
Apartment buildings

607 Buccaneer Dr Hidalgo, TX 78557

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 607 Buccaneer Drive, Hidalgo, Texas, 78557. Completed in 2024, this property boasts two buildings situated on a spacious 11,200.14 square foot lot. Each of the four units includes modern amenities such as quartz countertops, tile flooring, and decorative ceilings. Adding to the appeal, each unit features a two-car carport. The property is fully fenced, providing enhanced security and privacy. Rear units enjoy expansive backyards measuring an impressive 15 feet deep by 40 feet wide. This property represents a unique investment opportunity in Hidalgo, Texas, distinguished as the only exclusive and secure four-plex residential development in the area. The asking price for this turnkey investment is $535,000. The property's prime location and desirable features make it an attractive prospect for investors seeking strong returns. The modern design and high-quality finishes ensure strong rental demand and long-term value. This is a rare chance to acquire a newly constructed, well-appointed multifamily property in a thriving Texas 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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