ALL 3 BEDROOM FULLY LEASED FOURPLEX! 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!
New construction
$499,000
1016 Palm Dr, Alamo, TX 78516
12beds
8baths
4,312sqft
Quadruplex, Multi Family
Built in 2025
-- sqft lot
$495,900 Zestimate®
$116/sqft
$-- HOA
What's special
Contemporary fixturesAbundant natural lightSleek modern designClean elegant finishesTwo beautifully finished bathroomsSpacious open-concept layout
- 360 days
- 15
- 0
Zillow last checked:
Listing updated:
Listed by:
Bryanna Hernandez 956-607-8299,
Imperio Real Estate Llc
Source: Greater McAllen AOR,MLS#: 487060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dryer, Oven-Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Laundry: Laundry Closet, Washer/Dryer Connection
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile
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
- Carport spaces: 8
Features
- Patio & porch: Patio
- Exterior features: Sprinkler System
- Fencing: Privacy,Wood
Lot
- Size: 10,397 Square Feet
- Features: Sidewalks, Sprinkler System
Details
- Additional structures: Outbuilding (None)
- Parcel number: R33080A000001100
- Other equipment: 1 Year Warranty
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
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: 11/14/2025
- Road surface type: Paved
Estimated market value
$495,900
$471,000 - $521,000
$999/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Price change | $499,000-1.2%$116/sqft |
Source: Greater McAllen AOR #487060 Report a problem | ||
| 11/14/2025 | Listed for sale | $505,000$117/sqft |
Source: Greater McAllen AOR #487060 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.Climate risks
Neighborhood: 78516
Nearby schools
Schools provided by the listing agent
- Elementary: Salinas
- Middle: Sauceda
- High: Donna 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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