$530,000

849 Deluxe St North Alamo, TX 78516

Estimated payment $3,383/month

-- Bed
-- Bath
5,179 Sq Ft
$102 Price per Sq Ft

Highlights

  • 0.38 Acre Lot
  • Cooling Available
  • Laundry closet
  • Double Pane Windows
  • Patio
  • Tile Flooring

About This Home

Brand-New Fully Leased Apartment Units! Discover this exceptional investment opportunity — a brand-new construction property situated on one of the largest lots in the subdivision. Conveniently located near Expressway 83, top-rated schools, restaurants, and shopping. These attractive apartments feature modern stucco exteriors, elegant tile flooring throughout, quartz countertops, stylish fixtures, and metal carports. Each unit comes fully equipped with all kitchen appliances. The property includes four spacious 3-bedroom, 2-bath units, all fully leased and beautifully finished — perfect for stable rental income and long-term value. Don’t miss this opportunity to own a fully leased, income-generating property with high-quality finishes and a prime location!

Listing Agent

Claudia Hortenci Perez Maldonado

Fox Real Estate Pros Listed on: 11/21/2025

Fox Real Estate Pros

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 0.38 Acre Lot
  • Sprinkler System

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 5,179 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number H196300000001000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Samson Property Management Association
  • The Heights At Alamo Subdivision

Building Details

  • Insurance Expense $2,400
  • Maintenance Expense $1,000
  • Gross Income $3,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Directions: From the expressway go north on Alamo Rd. right before 495 turn left. then turn left on the first street. Go all the way to the end and the property will be on your right hand side (west)
  • Year Built: 2024
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3765
  • Road Surface Type: Paved
  • Subdivision Name: The Heights At Alamo
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 5179
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: None
  • Lot Features: Curb & Gutters, Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Other Garage or Carport

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Property Owners' Assoc.
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Association Name: Samson Property Management
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 16402.0824
  • Parcel #: H196300000001000

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 3400
  • Insurance Expense: 2400

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 -- $306,428 $145,208 $161,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Sale $530,000 +371.2% $102 / Sq Ft
08/09/2024 08/09/24 Sold -- -- -- View Prior Sale
07/22/2024 07/22/24 For Sale $112,481 0.0% --
11/13/2023 11/13/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $112,481 -- --
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 487535

Greater McAllen Association of REALTORS®