404 ACACIA, ALAMO, TX 78516
Homes for sale in Alamo.
Homes for sale in 78516.
List Price$500,000
404 Acacia
Alamo, TX 78516
Listing #509607
4,266
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Property Features
Location Information
County
Hidalgo
Directions
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.
Subdivision
Tower Pointe
Interior Features
Interior
Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s)
Laundry
Laundry Closet, Washer/Dryer Connection
Heating
Central, Electric
Appliances
Electric Water Heater, Dryer, Convection Oven, Refrigerator, Stove/Range-Electric Smooth, Washer
Cooling
Central Air, Electric
Total Number of Units
4
Floors
Tile
Features
None
Exterior Features
Construction
Stucco
Parking Spaces
8
Exterior
Sprinkler System
Fencing
Wood
Foundation
Slab
Patio / Deck Description
Patio
Roof
Shingle
Lot Description
Professional Landscaping, Sidewalks, Sprinkler System
Possession
Closing and Funding
Lot Size in Acres
0.247
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
10,745
Water
Public
Buildings
Outbuilding (None)
Utilities
Cable Available
Energy Features
Thermostat
Parking Description
Attached
Road Description
Paved
Garage Spaces
0
School
Elementary School District
PSJA ISD
Middle School
Alamo
Elementary School
Farias
High School
PSJA H.S.
Additional Information
Property Type
RI
HOA Fee
$500
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2023
Taxes
14805
APN
T628000000001300
Tax Year
2025
Status
Active
Square Feet Source
HidalgoCAD
Units in Complex
1
Similar Listings
Mortgage Calculator
$2,333
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,801
Monthly Tax
$416
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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