$700,000
$50K PRICE DROP

1410 S Alamo Rd Alamo, TX 78516

Estimated payment $4,802/month

Total Views 3,062
-- Bed
-- Bath
8,463 Sq Ft
$83 Price per Sq Ft

Highlights

  • 0.49 Acre Lot
  • Tile Flooring
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

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 convenient and secure parking for residents. There is on-site storage room that could be converted into a functional laundry facility which could create an additional revenue stream. Don't miss out on this exceptional opportunity to own a charming multifamily property that combines convenience, community, and potential for strong returns. Schedule a viewing today!

Listing Agent

Cecilia Olivarez

Hch Realty Listed on: 09/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,625

Year Built

  • Built in 1974

Lot Details

  • 0.49 Acre Lot
  • Chain Link Fence

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 8,463 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range

Schools

  • Garza Elementary School
  • Alamo Middle School
  • Psja Memorial High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number H327000000000400

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Highview Subdivision

Building Details

  • Gross Income $76,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,625

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: Get on I-2/US-83 E, Exit onto W Expy 83/E Frontage Rd/U.S. 83 Frontage Rd S, Turn right onto N Alamo Rd, Destination will be on the left.
  • Year Built: 1974
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4859
  • Road Surface Type: Paved
  • Subdivision Name: Highview
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 7500
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
  • Flooring: Tile
  • Living Area: 8463

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: None
  • Fencing: Chain Link
  • Lot Features: Curb & Gutters
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Schools

  • Elementary School: Garza
  • High School: PSJA Memorial H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Alamo

Lot Info

  • Lot Size Sq Ft: 21167.982
  • Parcel #: H327000000000400

Building Info

  • Buildings: 3

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11625

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 10
  • Annual Gross Income: 76200

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,554 $498,819 $97,373 $401,446
2023 $10,857 $435,550 $97,373 $338,177
2022 $10,109 $378,739 $97,373 $281,366
2021 $8,087 $297,252 $75,146 $222,106
2020 $7,498 $271,991 $75,146 $196,845
2019 $7,417 $259,039 $55,037 $204,002
2018 $6,897 $241,577 $18,346 $223,231
2017 $7,028 $242,385 $18,346 $224,039
2016 $5,184 $178,805 $14,112 $164,693
2015 $4,036 $174,178 $14,112 $160,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $700,000 -6.7% $83 / Sq Ft
09/24/2024 09/24/24 For Sale $750,000 -- $89 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 447842

Greater McAllen Association of REALTORS®

APN: H3270-00-000-0004-00

Texas Hidalgo County Alamo 78516

1410 S Alamo Rd, Alamo, TX

This home is located at 1410 S Alamo Rd, Alamo, TX 78516 and is currently priced at $700,000, approximately $82 per square foot. This property was built in 1974. 1410 S Alamo Rd is a home located in Hidalgo County with nearby schools including Marcia R. Garza Elementary, Jesus "Jesse" Vela Jr. Middle School, and PSJA Memorial Early College High School.

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Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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Cecilia Olivarez
Listing Agent
Cecilia Olivarez
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Hch Realty
(956) 948-7767