$505,000

1032 Palm Drive, Alamo, TX 78516

4,312 sqft

Multi-Family Home
Built in 2025
10,398sqft lot
—— car garage
$117/sqft
Listed 13 days ago

Property Description

Brand New multi family building with ALL 3 bedroom/2baths.Exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 83,top schools, shopping,and dining.Newly built fourplexes offer modern design, strong tenant appeal,and immediate cash flow.Each unit features an open-concept layout with wood-look tile flooring,a contemporary kitchen with custom cabinetry,quartz countertops, a spacious island providing ample storage and workspace.Bedrooms are generously sized with large closets,and the primary suites include a luxurious frameless glass shower and walk-in closet.Additional highlights include private fenced backyards for every unit,stainless steel appliances,in-unit washer and dryer, and covered carports.This is an outstanding opportunity for investors seeking a low-maintenance,high-demand rental asset in a rapidly growing area.Don’t miss your chance to own a premium multi-family property with long-term value and impressive rental potential.

Listing Status:: Active
Listing Office:: Alliance Real Estate Group : 956-340-4633
Listing Agent:: Daniela Perez : 956-777-9340
MLS ID:: 486993

General: Ceiling Fan(s)Decorative/High CeilingsDryerMicrowaveWalk-In Closet(s)Washer
Appliances: Electric Water HeaterWater Heater (In Attic)Water Heater (Other Location)DryerMicrowaveRefrigeratorStove/RangeWasher
Laundry: Laundry Closet
Flooring: Tile
A/C: Central AirElectric
Heating: CentralElectric

General: NoneSprinkler SystemOutbuilding (None)
Parking: No Garage

Roofing: Composition Shingle
Windows: Energy Features (Double Pane Windows)
General: Stucco1Slab

Road/Access: Paved
Originating MLS: Greater McAllen
School District: Donna ISD
County: Hidalgo

Zoning: R33080A000001500
Fencing: Wood

Water: Public
Sewer: City Sewer

Source: Greater McAllen

This listing courtesy of Daniela Perez, Alliance Real Estate Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Zeferino Farias Elementary School

1100 W Acacia Ave, Alamo, TX, 78516

Grades PK-5

0.45 miles away

Jesus ''Jesse'' Vela Jr. Middle School

1819 W US Highway 83, Alamo, TX, 78516

Grades 6-8

0.93 miles away

PSJA Memorial Early College High School

800 S Alamo Rd, Alamo, TX, 78516

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.