New construction

$499,000

1016 Palm Dr, Alamo, TX 78516

12beds

8baths

4,312sqft

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Quadruplex, Multi Family

Built in 2025

-- sqft lot

$497,700 Zestimate^®

$116/sqft

$-- HOA

What's special

Contemporary fixturesAbundant natural lightSleek modern designClean elegant finishesTwo beautifully finished bathroomsSpacious open-concept layout

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!

249 days

41

2

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

$497,700

$473,000 - $523,000

$1,144/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

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 78516

Getting around

11 / 100

Car-Dependent

31 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Capt D Salinas II Elementary School
Grades: PK-5Distance: 6.8 mi
5/10
Dora M Sauceda Middle School
Grades: 6-8Distance: 2.6 mi
2/10
Donna North High School
Grades: 9-12Distance: 2.4 mi

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.