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1032 Palm Drive

Alamo, TX 78516
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Bed --

Bed

Bath 0

Bath

SqFt4,312

Sqft

SqFt10,399.95

Sqft(Lot)

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 inve stors 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $499,000

AD Id : 60036575

MLS Id : 486993

Lot Size : 10,399.95 Sqft

Living Area Size : 4,312

Year Built : 2025

County : Hidalgo

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Feature Features

  • Flooring Information

    Tile
  • Interior Features

    Ceiling Fan(s), Walk-In Closet(s), High Ceilings Appliances: Range, Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Refrigerator, Water Heater Laundry Features: Laundry Closet Window Features: Insulated Windows, Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric

  • Building Information

    Year Built: 2025 Building Area Total: 4312 Construction Materials: Stucco Stories: 1 Patio And Porch Features: Patio Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 10399.95 Square Feet Lot Size Acres: 0.2387 Lot Size Square Feet: 10399.95

    Property Information

    Subdivision: Riverside Tower & 495 Subdivision Phase A Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 1

  • Listing Price Information

    Listing Price: $499000 Original Price: $505000

  • Tax Information

    Parcel Number: R33080A000001500 Tax Year: 2025 Annual Tax: $1

  • Parking Information

    Parking Total: 8 No Garage

  • School Information

    Elementary School: Salinas
    Junior High School: Sauceda
    Senior High School: Donna North H.S.
  • Location Information

    Direction: From Expressway 83 going North on N Tower Rd. Go passed 495/Kansas Rd and the new subdivision will be on the East (Right) hand side. WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
448 Medina Lane, Alamo, TX, 78516 $450,000 -- -- 4,000 4,000 SqFt
451 Medina Lane, Alamo, TX, 78516 $525,000 -- -- 4,098 4,098 SqFt
428 Frio Lane, Alamo, TX, 78516 $475,000 -- -- --
1016 Palm Drive, Alamo, TX, 78516 $499,000 -- -- --
411 Palmetto Palm Street, Alamo, TX, 78516 $90,000 3 2 1,324 1,324 SqFt
412 E Acacia Street, Alamo, TX, 78516 $469,900 -- -- 3,746 3,746 SqFt
416 E Acacia Street, Alamo, TX, 78516 $469,900 -- -- 3,746 3,746 SqFt
417 E Acacia Street, Alamo, TX, 78516 $490,000 -- -- 4,128 4,128 SqFt
428 Acacia Street, Alamo, TX, 78516 $505,000 -- -- --
432 Acacia Street, Alamo, TX, 78516 $465,000 -- -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater McAllen Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/04/2026 @ 14:36

MLS: 486993 LISTED BY: , Alliance Real Estate Group SOURCE: Greater McAllen Association of REALTORS

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