Listing
$500,000
404 E••••• Acacia St (Sign up for 50 free credits to unlock)Alamo, TX 78516
Property Description
Turnkey investment opportunity in Alamo! This fully leased fourplex generates $5,200 per month in gross rental income ($1,300 per unit). The property features four well-maintained units, each currently occupied, making it an excellent addition to an investor's portfolio with immediate cash flow. Each unit has separate electric meters, and the property includes 5 electric meters and 5 water meters. Conveniently located near Expressway 83, schools, shopping, and dining, this income-producing property offers both strong rental demand and long-term investment potential. Buyer to independently verify all information, including measurements, taxes, and schools.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Jul 13, 2026
- Price per Sq Ft
- $117/sqft
- ZIP Code
- 78516
- Stories
- 1
- Parking
- Attached
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Construction
- Stucco
- HOA Fee
- $42/mo
- Property Tax (2026)
- $14,429/yr
- Assessed Value
- $567,236
- County
- Hidalgo
- School District
- Donna Independent School District
Features & Amenities
Land Info
- Lot Description: Professional Landscaping, Sidewalks, Sprinkler System
- Lot Size Acres: 0.2467
- Lot Size Square Feet: 10746
Utilities
- Water Source: Public
Appliances
- Electric Water Heater
- Dryer
- Convection Oven
- Refrigerator
- Stove/Range-Electric Smooth
- Washer
- Laundry Features: Laundry Closet, Washer/Dryer Connection
Rental Info
- Gross Income: 62400
Home Features
- Green Energy Efficient: Thermostat
Multi-Unit Info
- Number of Buildings: 1
- Number of Units In Community: 1
- Number of Units: 4
Garage and Parking
- Carport Spaces: 8
- Covered Spaces: 8
- Parking Features: Attached
- Parking Total: 8
School Information
- Elementary School: Farias
- Elementary School District: PSJA ISD
- High School: PSJA H.S.
- High School District: PSJA ISD
- Middle School: Alamo
- Middle or Junior School District: PSJA ISD
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Central, Electric
- Heating: Yes
Other Property Info
- Annual Tax Amount: 14805
- City Region: Alamo
- Source Listing Status: Active
- County: Hidalgo
- Directions: From I-2/Expressway 83, take the Alamo Road exit and head south. Turn left (east) onto Acacia Avenue. Continue to 404 E. Acacia Ave., Alamo, TX 78516. Property will be on the north side of Acacia Avenue.
- Tax Year: 2025
- Other Expense: 50
- Source Neighborhood: Tower Pointe
- Parcel Number: T628000000001300
- Subdivision: Tower Pointe
- Property Subtype: Quadruplex
Homeowners Association
- Association: Yes
- Association Fee: 500
- Association Fee Frequency: Annually
- Calculated Total Monthly Association Fees: 42
- Association Name: Tower Pointe Alamo HOA Inc
- Association Phone: 9560000000
- Maintenance Expense: 100
Building and Construction
- Total Square Feet Living: 4266
- Year Built: 2023
- Building Area Total: 4266
- Building Area Units: Square Feet
- Construction Materials: Stucco
- Foundation Details: Slab
- Living Area Source: HidalgoCAD
- Living Area Units: Square Feet
- Property Age: 3
- Roof: Shingle
- Levels or Stories: 1
Exterior and Lot Features
- Sprinkler System
- Fencing: Wood
- Patio And Porch Features: Patio
- Patio: Yes
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Jul 13, 2026 | Listed | $500,000 | $117 |
Location
Lat 26.18369 · Lng -98.10737