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 #487060
4,312
Square Feet
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!
Property Features
Location Information
County
Hidalgo
Directions
Tower road and 495
Subdivision
Riverside Tower & 495 Subdivision Phase A
Interior Features
Interior
Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
Additional Equipment
1 Year Warranty
Heating
Central
Appliances
Electric Water Heater, Dryer, Oven-Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Cooling
Central Air
Total Number of Units
4
Floors
Tile
Features
Sidewalks, Street Lights
Laundry
Laundry Closet, Washer/Dryer Connection
Exterior Features
Is New Construction
Yes
Parking Spaces
8
Construction
Stucco
Fencing
Privacy, Wood
Exterior
Sprinkler System
Patio / Deck Description
Patio
Foundation
Slab
Lot Description
Sidewalks, Sprinkler System
Roof
Shingle
Lot Size in Acres
0.239
Possession
Closing and Funding
Lot Size in Sq. Ft.
10,399
Septic or Sewer
City Sewer
Condition
New Construction
Water
Public
Buildings
Outbuilding (None)
Security Features
Smoke Detector(s)
Energy Features
Thermostat
Parking Description
Garage Faces Front, Detached
Road Description
Paved
Garage Spaces
0
School
Elementary School District
Donna ISD
Middle School
Sauceda
Elementary School
Salinas
High School
Donna H.S.
Additional Information
Property Type
RI
Units in Complex
4
Property SubType
Quadruplex
Taxes
1
Year Built
2025
Tax Year
2025
APN
R33080A000001100
Square Feet Source
Blue Prints
Status
Active
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
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