Brand New Multi-Family in Alamo,TX with all 3bedroom/2bath units!Exceptional investment opportunity in a desirable subdivision just minutes from Expwy 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 wood-look tile flooring, a contemporary kitchen with custom cabinetry,quartz countertops,and 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.
New construction
$499,000
1036 Palm Dr, Alamo, TX 78516
--beds
--baths
4,312sqft
Est.:
Quadruplex, Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$116/sqft
$-- HOA
What's special
Stainless steel appliancesWood-look tile flooringQuartz countertopsIn-unit washer and dryerContemporary kitchenLarge closetsCustom cabinetry
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Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 06:34pm
Listed by:
Emiliano Perez 956-777-9579,
Alliance Real Estate Group
Source: Greater McAllen AOR,MLS#: 486990
Tour with a local agent
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Water Heater (In Attic), Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
- Flooring: Tile
- Windows: Double Pane Windows
Interior area
- Total structure area: 4,312
- Total interior livable area: 4,312 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
- Carport spaces: 8
Features
- Patio & porch: Patio
- Exterior features: Sprinkler System
- Fencing: Privacy,Wood
Lot
- Size: 10,397.77 Square Feet
- Features: Professional Landscaping, Sidewalks, Sprinkler System
Details
- Additional structures: Outbuilding (None)
- Parcel number: R33080A000001600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Riverside Tower & 495 Subdivision Phase A
HOA
- Has HOA: No
Location
- Region: Alamo
Financial & listing details
- Price per square foot: $116/sqft
- Annual tax amount: $1
- Date on market: 12/16/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Listed for sale | $499,000$116/sqft |
Source: Greater McAllen AOR #486990 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,221/mo
Principal & interest
$2418
Property taxes
$628
Home insurance
$175
Climate risks
Neighborhood: 78516
Nearby schools
GreatSchools rating
- 7/10Capt D Salinas Ii Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Dora M Sauceda Middle SchoolGrades: 6-8Distance: 2.3 mi
- 2/10Donna North High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Salinas
- Middle: Sauceda
- High: Donna North H.S.
- District: Donna ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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