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1016 Palm Drive Alamo, TX $ 499,000
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1016 Palm Drive
$ 499,000
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New Construction
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1016 Palm Drive

Alamo, TX, 78516
$ 499,000
Bedrooms4 Baths4.0 Sq 4,312

Monthly Estimate*

$ 3,113

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Multi-Family Home for sale in Alamo, TX

for $499,000 with 4 bedrooms and 4 full baths. This 4,312 square foot home was built in 2025 on a lot size of 0.2387.

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!

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Multi-Family Active

Price

$ 499,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1

Style

Quadruplex

Lot Size

0.2387

Year Built

2025

Town/City

Alamo

County/Region

Hidalgo

MLS | Web ID

487060
Features
General
Living Area 4312
Sewer City Sewer
Heating Central
Cooling Central Air
Possession Closing and Funding
Roof Shingle
Appliances Electric Water Heater Dryer Oven-Microwave Refrigerator Stove/Range-Electric Smooth Washer
Garage Spaces 0
Patio/Porch Features Patio
Security Features Smoke Detector(s)
Construction Materials Stucco
Year Built 2025
Stories Count 1
Property Subtype Quadruplex
Tax Year 2025
Gross Income 52200
Community Features Sidewalks Street Lights
County Hidalgo
Insurance Expense 1800
New Construction Yes
Property Type Residential Income
HOA No
Energy Efficient Thermostat
MaintenanceExpense 2200
Subdivision Name Riverside Tower & 495 Subdivision Phase A
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions Tower road and 495
High School Donna H.S.
City Alamo
High School District Donna ISD
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 10399.95
Carport Spaces 8
Carport Y/N Yes
Elementary School Salinas
Tax Annual Amount 1
Home Warranty Y/N No
Middle/Junior High School Sauceda
Property Condition New Construction
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Donna ISD
Elementary School District Donna ISD
Year Built Source Builder
Legal Description RIVERSIDE TOWER & 495 PH A LOT 11
Freehold BBO VOW IDX
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Interior
Interior Amenities Ceiling Fan(s) Dryer Microwave Walk-In Closet(s) Washer
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Laundry Closet Washer/Dryer Connection
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Exterior
Exterior Amenities Sprinkler System
Fencing Privacy Wood
Parking Features Garage Faces Front Detached
Lot Features Sidewalks Sprinkler System
Water Source Public
Total Parking 8
Lot Size Area 10399.95
Foundation Details Slab
Number of Buildings 2
Building Area Total 4312
Lot Dimensions 130x80
Lot Size Acres 0.2387
Road Surface Type Paved
Covered Spaces 8
Number of Separate Water Meters 1
Other Equipment 1 Year Warranty
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Bryanna Hernandez

Listing Agent

Imperio Real Estate Llc

Broker

bryannahdzrealtor@gmail.com

Email

Affordability Calculator

$3,113
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$0
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057747 Elementary School
3057372 Middle School
Donna H.S. High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/8/2025$499,000 -1.19% Price Down
11/14/2025$505,000 Listed Price

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1016 Palm Drive, Alamo, TX, 78516 is a Multi-Family Home for sale at $499,000 with 4,312 sqft and a lot size of 0.2387. 1016 Palm Drive has 4 bedrooms, 4.0 baths, and was built in 2025. The property's zip code is 78516 which is in Alamo, TX

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