Listing
$475,000
431 Fr••••• Ln (Sign up for 50 free credits to unlock)Alamo, TX 78516
Property Description
Fully Leased newly built fourplex. Exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 83,top schools, shopping,and dining.These newly built fourplexes offer modern design, strong tenant appeal,and immediate cash flow.Each unit features a bright open-concept layout with elegant wood-look tile flooring, a contemporary kitchen with custom cabinetry,quartz countertops,and 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,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.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Aug 12, 2026
- Price per Sq Ft
- $117/sqft
- ZIP Code
- 78516
- Stories
- 1
- Parking
- Garage Faces Front, Detached, No Garage
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Construction
- Stucco
- Property Tax (2026)
- $13,522/yr
- Assessed Value
- $531,579
- County
- Hidalgo
- School District
- Donna Independent School District
Features & Amenities
Land Info
- Lot Description: Professional Landscaping, Sidewalks, Sprinkler System
- Lot Size Acres: 0.2561
- Lot Size Square Feet: 11156
Utilities
- Water Source: Public
Appliances
- Electric Water Heater
- Water Heater (Laundry Room)
- Water Heater (Other Location)
- Dryer
- Microwave
- Refrigerator
- Stove/Range
- Washer
- Laundry Features: Laundry Closet
Rental Info
- Gross Income: 50880
Home Features
- Security Features: Smoke Detector(s)
Multi-Unit Info
- Number of Buildings: 2
- Number of Units In Community: 4
- Number of Units: 4
Garage and Parking
- Carport Spaces: 8
- Covered Spaces: 8
- Parking Features: Garage Faces Front, Detached, No Garage
- Parking Total: 8
School Information
- Elementary School: Salinas
- Elementary School District: Donna ISD
- High School: Donna North H.S.
- High School District: Donna ISD
- Middle School: Sauceda
- Middle or Junior School District: Donna ISD
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Central, Electric
- Heating: Yes
Other Property Info
- Annual Tax Amount: 13752
- City Region: Alamo
- Source Listing Status: Active
- County: Hidalgo
- Directions: From Expressway 83 head North on N Tower Rd. Go passed 495/Kansas Rd and the new subdivision will be on the East (Right).
- Tax Year: 2025
- Insurance Expense: 1950
- Source Neighborhood: Riverside Tower & 495 Subdivision Phase A
- Parcel Number: R33080A000003600
- Subdivision: Riverside Tower & 495 Subdivision Phase A
- Property Subtype: Quadruplex
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Maintenance Expense: 285
Building and Construction
- Total Square Feet Living: 4052
- Year Built: 2025
- Building Area Total: 4052
- Building Area Units: Square Feet
- Construction Materials: Stucco
- Foundation Details: Slab
- Living Area Source: Blue Prints
- Living Area Units: Square Feet
- New Construction: Yes
- Property Age: 1
- Roof: Shingle
- Levels or Stories: 1
Exterior and Lot Features
- Sprinkler System
- Fencing: Privacy, Wood
- Patio And Porch Features: Patio Slab
- Patio: Yes
Amenities and Community Features
- Community Features: Sidewalks, Street Lights
Location
Lat 26.20326 · Lng -98.10615