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For sale
  • $499,000

    1032 Palm Dr, Alamo, TX 78516

    12beds
    8baths
    4,312sqft
    : 
    $3,672/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 2025
    -- sqft lot
    $494,600 Zestimate®
    $116/sqft
    $-- HOA

    What's special

    Stainless steel appliancesWood-look tile flooringQuartz countertopsIn-unit washer and dryerContemporary kitchenLarge closetsCustom cabinetry
    Newly built 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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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniela Perez 956-777-9340,

    Nexus Rgv Adminstrative Group, Llc

    Source: Greater McAllen AOR,MLS#: 511176

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 8
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater, Water Heater (Laundry Room), 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: Garage Faces Front, Detached, No Garage
      • Carport spaces: 8
      Features
      • Patio & porch: Patio
      • Exterior features: Sprinkler System
      • Fencing: Privacy,Wood
      Lot
      • Size: 10,397 Square Feet
      • Features: Professional Landscaping, Sidewalks, Sprinkler System
      Details
      • Additional structures: Outbuilding (None)
      • Parcel number: R33080A000001500

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Composition
      Condition
      • 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: $13,823
      • Date on market: 8/13/2026
      • Road surface type: Paved

        Estimated market value

        $494,600

        $470,000 - $519,000

        $1,332/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$499,000$116/sqft
        Source: Greater McAllen AOR #511176 Report a problem
        7/1/2026Listing removed$499,000$116/sqft
        Source: Greater McAllen AOR #486993 Report a problem
        12/8/2025Price change$499,000-1.2%$116/sqft
        Source: Greater McAllen AOR #486993 Report a problem
        11/24/2025Listed for sale$505,000$117/sqft
        Source: Greater McAllen AOR #486993 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78516

        Getting around

        11 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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