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1032 Palm Drive Alamo, TX $ 499,000
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1032 Palm Drive
$ 499,000
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Recently Listed New Construction
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1032 Palm Drive

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

Monthly Estimate*

$ 3,113

1032 Palm Drive, Alamo, TX 78516 - Image 1
1032 Palm Drive, Alamo, TX 78516 - Image 2
1032 Palm Drive, Alamo, TX 78516 - Image 3

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.

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.

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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

486993
Features
General
Living Area 4312
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Composition Shingle
Appliances Electric Water Heater Water Heater (In Attic) Water Heater (Other Location) Dryer Microwave Refrigerator Stove/Range Washer
Garage Spaces 0
Patio/Porch Features Patio Patio Slab
Security Features Smoke Detector(s)
Construction Materials Stucco
Year Built 2025
Stories Count 1
Property Subtype Quadruplex
Tax Year 2025
Gross Income 52800
Community Features Sidewalks Street Lights
County Hidalgo
Insurance Expense 2000
New Construction Yes
Property Type Residential Income
Association Amenities Property Owners' Assoc.
HOA No
MaintenanceExpense 185
Subdivision Name Riverside Tower & 495 Subdivision Phase A
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions 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.
High School Donna North 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 15
Freehold BBO VOW IDX
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Interior
Interior Amenities Ceiling Fan(s) Decorative/High Ceilings Dryer Microwave Walk-In Closet(s) Washer
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Energy Features (Double Pane Windows)
Laundry Features Laundry Closet
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Exterior
Exterior Amenities None Sprinkler System
Fencing Wood
Parking Features No Garage
Lot Features Professional Landscaping 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 80 x 130
Lot Size Acres 0.2387
Road Surface Type Paved
Covered Spaces 8
Number of Separate Water Meters 1
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Daniela Perez

Listing Agent

Alliance Real Estate Group

Broker

daniela_prz@hotmail.com

Email

Affordability Calculator

$3,113
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$0
Monthly Home Insurance
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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 North H.S. High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/8/2025$499,000 -1.19% Price Down
11/24/2025$505,000 Listed Price

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1032 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. 1032 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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