602 Buccaneer Dr Hidalgo, TX 78557
This exceptional 2024-built multifamily property, located at 602 Buccaneer Drive in Hidalgo, Texas, presents a unique investment opportunity. The property consists of two buildings, each housing two units, totaling four apartments in a secure, exclusive development. Situated on a spacious 11,200 square foot lot, each unit boasts attractive features including quartz countertops, tile flooring, and decorative ceilings. Ample parking is provided with two carport spaces per unit. The property is fully fenced, offering residents enhanced security and privacy. Rear units enjoy expansive backyards measuring an impressive 15 feet deep by 40 feet wide. All units come equipped with appliances, adding immediate value and convenience for tenants. This turnkey investment is ideally positioned within the thriving Hidalgo, Texas market (zip code 78557), offering strong rental potential and a secure return on investment. The property's modern design and desirable amenities make it highly attractive to renters, ensuring consistent occupancy and strong cash flow. This is a rare opportunity to acquire a brand-new, well-appointed multifamily property in a desirable location. The asking price is $535,000.
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
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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.