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Property profile & analytics
OFF-MARKET
Apartment buildings

602 Buccaneer Dr Hidalgo, TX 78557

Built 2024
Property ID
Property summary
AI-generated overview

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.

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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