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Property profile & analytics
OFF-MARKET
Apartment buildings

612 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 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.

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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