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Alamo, TX Multifamily Homes & Duplexes for Sale

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  • /28

    $2,400,000

    • 24,000 Sq Ft

    731 N Tower Rd, Alamo, TX 78516

    Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main thoroughfare just seconds from Expressway 83. This multifamily asset features exceptional quality construction, modern finishes, ample parking, and strong tenant retention. Currently delivering an 8% cap rate with upside potential to increase income even further. Situated in a highly visible and

    Agent Photo

    Victor Fuentes

    Big Realty

    (956) 593-5191

    731 N Tower Rd, Alamo, TX 78516
  • /14

    $525,000

    • 4,098 Sq Ft

    033 Frio Ln, Alamo, TX 78516

    Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an

    Karina Martinez Imperio Real Estate Llc

    033 Frio Ln, Alamo, TX 78516
  • /14

    $525,000

    • 4,098 Sq Ft

    032 Frio Ln, Alamo, TX 78516

    Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an

    Karina Martinez Imperio Real Estate Llc

    032 Frio Ln, Alamo, TX 78516
  • /14

    $525,000

    • 4,098 Sq Ft

    001 Medina Drive Service Rd, Alamo, TX 78516

    Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an

    Karina Martinez Imperio Real Estate Llc

    001 Medina Drive Service Rd, Alamo, TX 78516
  • /14

    $525,000

    • 4,098 Sq Ft

    046 Medina Drive Service Rd, Alamo, TX 78516

    Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an

    Karina Martinez Imperio Real Estate Llc

    046 Medina Drive Service Rd, Alamo, TX 78516
  • /15

    $490,000

    • 3,988 Sq Ft

    1230 Valle Vista St, Alamo, TX 78516

    Incredible investment opportunity in Alamo, TX! This brand new incomplete construction 4-Plex is perfectly located just minutes from the expressway, offering convenience, modern design, and strong rental potential. The building features a total of four units: two 3-bedroom, 2-bathroom units and two 2-bedroom, 2-bathroom units — all thoughtfully designed for comfortable living. Each unit offers a

    Hiram Diaz Cnc Realty Rgv, Llc

    1230 Valle Vista St, Alamo, TX 78516
  • /22

    $490,000

    • 3,988 Sq Ft

    1234 Valle Vista St, Alamo, TX 78516

    Incredible investment opportunity in Alamo, TX! This brand new incomplete construction fourplex is perfectly located just minutes from the expressway, offering convenience, modern design, and strong rental potential. The building features a total of four units: two 3-bedroom, 2-bathroom units and two 2-bedroom, 2-bathroom units — all thoughtfully designed for comfortable living. Each unit offers

    Hiram Diaz Cnc Realty Rgv, Llc

    1234 Valle Vista St, Alamo, TX 78516
  • /15

    $525,000

    • 1,099 Sq Ft

    1233 Country Club Dr, Alamo, TX 78516

    Prime investment opportunity in The Heights at Alamo, just minutes from the expressway, schools, shopping, and dining. This tenant-occupied fourplex features modern open-concept layouts in each of the 2-bedroom, 2-bathroom units. Each unit includes essential appliances and a private fenced backyard. Conveniently located at 495 and Alamo Rd, the property also offers 8 covered parking spaces,

    Jaime Lee Gonzalez Keller Williams Realty RGV

    1233 Country Club Dr, Alamo, TX 78516
  • /20

    $510,000

    • 4,228 Sq Ft

    1118 Country Club Dr, Alamo, TX 78516

    This newly constructed 4-plex in Alamo, TX, features four spacious units, each offering 3 bedrooms, 2 bathrooms, and modern finishes throughout. Every unit comes fully equipped with brand-new appliances, including a refrigerator, stove, microwave, washer, and dryer, along with installed blinds for added convenience. One unit is currently leased to a long-term tenant, and one is operating as a

    Diana Ayala Imperio Real Estate Llc

    1118 Country Club Dr, Alamo, TX 78516
  • /8

    $2,200,000

    • 16,600 Sq Ft

    245 E Crockett Ave, Alamo, TX 78516

    NEW 16 APARTMENT COMPLEX COMING SOON!. Introducing a thoughtfully designed complex featuring four two-story buildings with 16 spacious apartments. Floor plans include 3-bedroom/2-bath and 2-bedroom/2-bath layouts, each offering generous living areas. This gated community boasts modern amenities, elegant finishes, a large green space, a basketball court, ample parking, and exceptional curb appeal.

    Andres De La Rosa Dominion Real Estate

    245 E Crockett Ave, Alamo, TX 78516
  • /39

    $480,000

    • 3,828 Sq Ft

    432 Acacia St, Alamo, TX 78516

    BRAND NEW FOUR PLEX AVAILABLE IN PRIME A LOCATION! Located on Tower Rd at Tower Pointe Subdivision close to Bus 83. Close proximity to schools, shopping and minutes away from expressway. Modern open concept floor plan with wood like tile throughout, 2 of the units are 2bed/2bath, 2 of the units are 3bed/2bath. Kitchen with custom cabinets with modern quartz with lots of cabinet space and huge

    Bryanna Hernandez Imperio Real Estate Llc

    432 Acacia St, Alamo, TX 78516
  • /13

    $700,000

    • 8,463 Sq Ft

    1410 S Alamo Rd, Alamo, TX 78516

    This FULLY OCCUPIED multifamily property features three buildings with a total of 10, 2-bedroom and 1-bath units! The property offers quick access to Expy 83 and is surrounded by a variety of dining, entertainment, nearby retail and several schools. It is always in high-tenant demand! The roofs of all three buildings are connected in a U-shape with the parking lot in the middle, providing

    Cecilia Olivarez Hch Realty

    1410 S Alamo Rd, Alamo, TX 78516
  • /2

    $110,000

    • 1,259 Sq Ft

    530 Jaguar Dr, Alamo, TX 78516

    INVESTOR ALERT- Tenant occupied. Add this property to your portfolio. This potential investment property is ready to be remodeled and brought back to life! Sold as is.Motivated seller; bring all offers.

    Erika Ramirez Effective Real Estate

    530 Jaguar Dr, Alamo, TX 78516
  • /13

    $525,000 New Construction

    • 4,098 Sq Ft

    031 Frio Ln, Alamo, TX 78516

    Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an

    Karina Martinez Imperio Real Estate Llc

    031 Frio Ln, Alamo, TX 78516
  • /20

    $515,000 New Construction

    • 4,172 Sq Ft

    428 Acacia St, Alamo, TX 78516

    FULLY LEASED ALL 3 BEDROOM FOUR PLEX AVAILABLE IN PRIME A LOCATION! Located on Tower Rd at Tower Pointe Subdivision close to Bus 83. Close proximity to schools, shopping and minutes away from expressway. Its prime location offers unmatched convenience and accessibility for tenants. Each fourplex unit is thoughtfully designed, featuring ALL units 3-bedroom 2-bathroom with appliances included and

    Bryanna Hernandez Imperio Real Estate Llc

    428 Acacia St, Alamo, TX 78516
  • /15

    $475,000 New Construction

    • 3,789 Sq Ft

    916 13th St, Alamo, TX 78589

    New construction fourplex in Alamo, TX! Ideally located right off the main road with quick access to the freeway. Each unit boasts modern finishes, spacious layouts, and energy-efficient features. Perfect for investors looking to expand their portfolio or for house hacking to live in one unit while renting out the others. This is a fantastic opportunity to own a brand-new multi-family property in

    Ayleen Reyes Living In South Texas Realty

    916 13th St, Alamo, TX 78589

Why Live in Alamo

Alamo, Texas, is a growing community in South Texas known for its strategic location and affordable housing market. Positioned near McAllen and the Mexican border, it offers convenient commuting options for residents. The city has experienced recent business development, with new restaurants and retailers like Carl’s Jr. and Goodwill opening their doors. Alamo fosters a strong sense of community through annual events such as school parades and barbecue cook-offs, while the weekly Mercadome market supports local businesses. The city is home to the Santa Ana National Wildlife Refuge, a premier birding location with over 2,000 acres of natural beauty and 14 miles of trails. Alamo also features the Alamo Sports Complex and the Alamo Municipal Pool for recreational activities. Housing options in Alamo are diverse, with modern, Craftsman-inspired styles and brick exteriors being popular choices. The city offers new construction homes and opportunities for custom builds on undeveloped land. Alamo's proximity to major routes like Interstate 2 provides easy access to nearby cities and attractions, including a 9-mile drive to McAllen's business district and a 70-mile journey to South Padre Island's beaches. The city hosts several community events, including the Watermelon Festival and BBQ Cook-off, enhancing its vibrant local culture.

Home Trends in Alamo, TX

Housing Trends

Median Sale Price
$228,000
Median Single Family Sale Price
$235,000
Median Townhouse Sale Price
$515,000
Average Price Per Sq Ft
$144
Number of Homes for Sale
121
Last 12 months Home Sales
181
Months of Supply
8.00
Median List Price
$239,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
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