404 Acacia, Alamo, TX 78516
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404 Acacia, Alamo, TX 78516
404 Acacia, Alamo, TX 78516
404 Acacia, Alamo, TX 78516
404 Acacia, Alamo, TX 78516
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Listed by Imperio Real Estate LLC
$ 500,000
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404 Acacia Alamo, TX 78516

4,266 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,266 sqft

Subdivision Tower Pointe

MLS Listing ID 509607

HOA Fees $500/ann

HOA Y/N Yes

Year Built 2023

Annual Tax Amount $14,805

Tax Year 2025

Lot Size 10,745 Sqft

Acres 0.2467

Property Sub-Type Quadruplex

Source Greater McAllen

Property Description

Turnkey investment opportunity in Alamo! This fully leased fourplex generates $5,200 per month in gross rental income ($1,300 per unit). The property features four well-maintained units, each currently occupied, making it an excellent addition to an investor's portfolio with immediate cash flow. Each unit has separate electric meters, and the property includes 5 electric meters and 5 water meters. Conveniently located near Expressway 83, schools, shopping, and dining, this income-producing property offers both strong rental demand and long-term investment potential. Buyer to independently verify all information, including measurements, taxes, and schools.

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, Dryer, Convection Oven, Refrigerator, Stove/Range-Electric Smooth, Washer

Laundry Laundry Closet, Washer/Dryer Connection

Exterior

Exterior Feature Sprinkler System

Carport Spaces 8

Fence Wood

Community Features None

Utilities Available Cable Available

View Y/N No

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Professional Landscaping, Sidewalks, Sprinkler System

Faces From I-2/Expressway 83, take the Alamo Road exit and head south. Turn left (east) onto Acacia Avenue. Continue to 404 E. Acacia Ave., Alamo, TX 78516. Property will be on the north side of Acacia Avenue.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Stucco

New Construction No

Schools

Elementary Schools Farias

Middle Schools Alamo

High Schools Psja H.S.

Others

Tax ID T628000000001300


Richard Ray
Richard Ray

Agent License ID: 831528-SA

+1(956) 672-7775 | richardraysellingsouthtexas@gmail.com

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404 Acacia