Fully Leased newly built fourplex. Exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 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 elegant wood-look tile flooring, a contemporary kitchen with custom cabinetry,quartz countertops,and 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, 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.
For sale
$475,000
427 Frio Ln, Alamo, TX 78516
10beds
8baths
4,052sqft
Quadruplex, Multi Family
Built in 2025
-- sqft lot
$468,100 Zestimate®
$117/sqft
$-- HOA
What's special
Stainless steel appliancesElegant wood-look tile flooringWasher and dryerQuartz countertopsContemporary kitchenLarge closetsCustom cabinetry
- 59 days
- 9
- 4
Zillow last checked:
Listing updated:
Listed by:
Daniela Perez 956-777-9340,
Nexus Rgv Adminstrative Group, Llc
Source: Greater McAllen AOR,MLS#: 511178
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- 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: 4,052
- Total interior livable area: 4,052 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
- Carport spaces: 8
Features
- Patio & porch: Patio Slab
- Exterior features: Sprinkler System
- Fencing: Privacy,Wood
Lot
- Size: 0.26 Acres
- Features: Professional Landscaping, Sidewalks, Sprinkler System
Details
- Additional structures: Outbuilding (None)
- Parcel number: R33080A000003700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
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: $117/sqft
- Annual tax amount: $13,752
- Date on market: 8/13/2026
- Road surface type: Paved
Estimated market value
$468,100
$445,000 - $492,000
$1,039/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $475,000$117/sqft |
Source: Greater McAllen AOR #511178 Report a problem | ||
| 7/1/2026 | Listing removed | $475,000$117/sqft |
Source: Greater McAllen AOR #486991 Report a problem | ||
| 11/24/2025 | Listed for sale | $475,000$117/sqft |
Source: Greater McAllen AOR #486991 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 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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