421 East Acacia Avenue

Alamo, TX 78516

$505,000
Price
Beds
4,266 Sq. Ft.
$118 / Sq. Ft.
4,266
Sq. Ft.
$118
per Sq. Ft.

Description

Welcome to this fantastic investment opportunity! This New Construction Fourplex is perfectly situated in a highly desirable neighborhood, offering convenience and accessibility. 2 units are 3 bedroom and 2 bathroom , and 2 units are 2 bedroom and 2 bathroom , Easy access for quick commutes, Located in a rapidly developing neighborhood with rising property values. Don't miss out on this incredible opportunity to own a well-maintained fourplex in a sought-after location. Whether you're an investor...Welcome to this fantastic investment opportunity! This New Construction Fourplex is perfectly situated in a highly desirable neighborhood, offering convenience and accessibility. 2 units are 3 bedroom and 2 bathroom , and 2 units are 2 bedroom and 2 bathroom , Easy access for quick commutes, Located in a rapidly developing neighborhood with rising property values. Don't miss out on this incredible opportunity to own a well-maintained fourplex in a sought-after location. Whether you're an investor looking to expand your portfolio or a homeowner seeking a property with rental income potential, this property has it all.
  1. Listed by Yanett Rodriguez • TREC #801068537 • Re/Max Elite

Property Details for 421 East Acacia Avenue

Community Features
None
Subdivision Name
Tower Pointe
LISTING UPDATED: 11/02/2024 12:53 PM

Property Details for 421 East Acacia Avenue

StatusActive
MLS #446244
Days on Market115
Taxes$10,721 / year
HOA Fees$600 / year
Condo/Co-op Fees$35 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2024
Lot Size0.25 AC / 10,890 SF
CountyHidalgo County

Building Information for 421 East Acacia Avenue

Stories1Residences4Year Built2024Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 421 East Acacia Avenue

Summary
Location and General Information
  • Directions: Off Expressway 83, Take exit 150B towards Tower Rd , Turn right onto N Tower Rd. Go for 0.4 mi. and Turn left onto E Acacia Ave. Go for 0.2 mi.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 8.0
  • Carport YN: Yes
  • Covered Spaces: 8.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 8.0
School Information
  • Elementary School: Farias
  • Elementary School District: PSJA ISD
  • High School: PSJA H.S.
  • High School District: PSJA ISD
  • Middle Or Junior School: Alamo
  • Middle Or Junior School District: PSJA ISD
Taxes and HOA
  • Association Fee: $600
  • Association FeeFrequency: Annually
  • Association Name: Tower Point Subdivision
  • Association: Yes
  • Parcel Number: T628000000001800
  • Tax Annual Amount: $10,721
  • Tax Legal Description: TOWER POINTE LOT 18
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 4266.0
  • Building Area Units: Square Feet
  • Living Area: 4266.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890.0
  • Lot Size Dimensions: 75x140
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 2024
  • Year Built Source: HCAD
  • Escrow: $5,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 5
  • Water Source: Public
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: Wood
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Stucco
  • Other Equipment: 1 Year Warranty
  • Other Structures: Outbuilding (None)
  • Roof: None
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Cooling: Central Air, No HVAC
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, No HVAC
  • Heating: Yes
  • Interior Features: None
  • Laundry Features: Laundry Closet
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $57,600.00
  • Insurance Expense: $1,550.00
  • Maintenance Expense: $35.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 421 East Acacia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 421 East Acacia Avenue

This home is within Donna Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 10
Rating
School
Distance
Capt D Salinas Ii Elementary School
PublicPK to 5

Dora M Sauceda Middle School
Public6 to 8

Donna North High School
Public9 to 12

Donna Early College High School
Public9 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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421 East Acacia Avenue is a multi-family home for sale in Alamo, TX 78516. This property was listed for sale on August 2, 2024 by Re/Max Elite, it's currently listed at $505,000. This listing's school district is Donna Independent School District. Nearby schools include Capt D Salinas Ii Elementary School, Dora M Sauceda Middle School and Donna North High School. 421 East Acacia Avenue is a 0-bed, 0-bath, 4,266 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Elite

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.