1016 PALM DRIVE, ALAMO, TX 78516
Homes for sale in Alamo.
Homes for sale in 78516.
List Price$499,000
1016 Palm Drive
Alamo, TX 78516
Listing #1926074
4
Number of Units
Multi-Unit Residential
Type
About This Property
Discover this stunning brand-new 4-plex, now complete and ready to lease in the heart of Alamo! Each unit features a sleek, modern design with a spacious open-concept layout and 3 full bedrooms, perfect for families, professionals, or anyone needing extra space for a home office, gym, or playroom. Large windows throughout the units bring in abundant natural light, enhancing the bright and welcoming atmosphere. Every unit also includes two beautifully finished bathrooms with contemporary fixtures and clean, elegant finishes. Enjoy the convenience of being close to Expressway 83, top-rated schools, shopping, and local dining. With its modern appeal, prime location, and strong rental demand, this 4-plex presents a high-yield investment opportunity and is ideal for securing reliable tenants quickly. Don't miss your chance to own this exceptional, fully finished, and move-in-ready property!
Listing Courtesy of Bryanna Hernandez, Imperio Real Estate LLC (956) 607-8299
Property Features
Location Information
County
Hidalgo
Subdivision
OUT OF COUNTY CAMERON
MLS Area
3100
Interior Features
Heating
Central
Unit 2 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 0
Heating Fuel
Electric
Unit 3 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 0
Cooling
Unit Central
Unit 4 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 0
Floors
Other
Total Number of Units
4
Unit 1 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 0
Exterior Features
Exterior
Patio Slab, Other - See Remarks
Foundation
Slab
Siding
Stucco
Roof
Other
Builder
NOVELLINI LTD
Water / Sewer
City, Other
School
School District
Donna ISD
Jr. High School
Not Applicable
Elementary School
Salinas
High School
Not Applicable
Additional Information
Property Type
RI
Status
Active
Year Built
2025
None
Gross Annual Income
52,200
Similar Listings
Mortgage Calculator
$2,329
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,798
Monthly Tax
$415
Monthly Insurance
$116
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
© 2026 LERA MLS. All rights reserved.
© 2026 LERA MLS. All rights reserved.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the LERA MLS. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
LERA MLS data last updated at August 26, 2026, 6:33 PM CT
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