Estimated payment $3,493/month
Highlights
- High Ceiling
- Walk-In Closet
- Laundry closet
- Double Pane Windows
- Slab Porch or Patio
- Tile Flooring
About This Home
Fully Leased Fourplexes in Prime Gated Community!Exceptional investment opportunity in a desirable gated 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 an open-concept layout with 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 large walk-in closet.Other highlights include private fenced backyards for every unit, stainless steel appliances,in-unit washer and dryer and covered carports.The property is fully leased, offering stable, turnkey income from day one.This is an outstanding opportunity for investors seeking a low-maintenance, high-demand rental asset in a rapidly growing area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,319
Year Built
- Built in 2023
Lot Details
- 10,745 Sq Ft Lot
- Wood Fence
- Sprinkler System
HOA Fees
- $42 Monthly HOA Fees
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- Walk-In Closet
- 4,128 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 8 Carport Spaces
- No Garage
Outdoor Features
- Slab Porch or Patio
Schools
- Farias Elementary School
- Alamo Middle School
- Psja High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number T628000000001900
Community Details
Overview
- 2 Buildings
- 4 Units
- Tower Pointe Subdivision Association
- Tower Pointe Subdivision
Building Details
- Insurance Expense $1,700
- Maintenance Expense $120
- Gross Income $53,100
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $10,747 | $437,552 | $78,439 | $359,113 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $475,000 | -- | $115 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
MLS Number: 486995
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