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Multi-Family

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About this property

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!

MLS#
SA1926074
List Price
$499,000
Listing Status
For Sale
Address
1016 Palm Drive
City
State
TX
Zip Code
Subdivision
OUT OF COUNTY CAMERON
Legal Description
RIVERSIDE TOWER & 495 PH A LOT 11
Property Type
Multi-Family
Year Built
2025 /Appraisal District

Exterior

Roof
Other
Foundation
Slab
Exterior Type
Stucco
Exterior
Patio/Deck

Interior

Heating
Central Electric

See the lot information

Lot Size
0 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial information

Financing Considered
Cash Sale, Conventional, FHA, VA
Other Fees
No
Maintenance Fee
No
Maint Fee Includes
Insurance,Other

Extra details you may need to know

HOA Mandatory
No
List Type
Exclusive Agency to Sell/Lease

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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

Imperio Real Estate LLC

2201 W Dove Ave, McAllen, TX 78504
Imperio Real Estate LLC, is a Texas real estate firm, located at 2201 W Dove Ave, McAllen, TX 78504. Imperio Real Estate LLC provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view Imperio Real Estate LLC current listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View Imperio Real Estate LLC Agent Roster.

Information source

LERA MLS
Source last updated Apr 15, 2026 at 11:48 AM
Listing last updated Dec 19, 2025 at 02:17 PM
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1016 Palm Drive, Alamo, TX 78516. View photos, map, tax, nearby homes for sale, home values, school info...

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