612 Buccaneer Dr Hidalgo, TX 78557
This exceptional investment opportunity presents a brand-new, four-unit apartment complex located at 612 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 appliances, elegant quartz countertops, and durable tile flooring. Adding to the aesthetic appeal are decorative ceilings. Practical features include two carport spaces per unit, ensuring ample parking for residents. The property is fully fenced for enhanced security and privacy. A significant advantage is the generous backyard space for the rear units, measuring an impressive 15 feet deep by 40 feet wide. This property represents a unique investment prospect, being the only exclusive and secure four-plex residential development in Hidalgo. The asking price for this turnkey investment is $535,000. This property is ideally suited for investors seeking a high-return, low-maintenance multifamily asset in a growing Texas market. The combination of modern amenities, secure design, and desirable location makes this an exceptional opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.