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404 Acacia , Alamo, TX 78516

$500,000

4,266
sqft
2023
year built

Turnkey investment opportunity in Alamo! This fully leased fourplex generates $5,200 per month in gross rental income ($1,300 per unit). The property features four well-maintained units, each currently occupied, making it an excellent addition to an investor's portfolio with immediate cash flow. Each unit has separate electric meters, and the property includes 5 electric meters and 5 water meters. Conveniently located near Expressway 83, schools, shopping, and dining, this income-producing property offers both strong rental demand and long-term investment potential. Buyer to independently verify all information, including measurements, taxes, and schools.

Highlights

  • Residential Income
  • Quadruplex
  • Built in 2023
  • 0.2467 Acre Lot
  • $500/yr HOA
  • 123 days on Market

  • Year Built
    2023
  • Stories
    1.0
  • Construction Materials
    Stucco
  • Foundation
    Slab
  • Parking Features
    Attached
  • Living Area
    4266.0
  • Interior Features
    Ceiling Fan(s), Walk-In Closet(s)
  • Appliances
    Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Range, Convection Oven, Cooktop
  • Flooring
    Tile
  • Patio And Porch
    Patio
  • Cooling
    Ceiling Fan(s), Central Air, Electric
  • Heating
    Electric, Central

  • Acres
    0.2467
  • Utilities
    Cable Available
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 404 Acacia?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 404 Acacia.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 404 Acacia?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $500,000. We can talk through recent upgrades, potential seller motivation, how this quadruplex compares to others in Alamo, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 404 Acacia?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 404 Acacia at around $4,079. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 404 Acacia?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hidalgo County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 404 Acacia?

In most cases, yes. Whether 404 Acacia is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alamo's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 404 Acacia?

We can handle that for you. Our preferred local agent specializes in residential incomes in Alamo and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $500,000 with 4,266 sqft of space—that comes out to approximately $117 per square foot.

How long has this property been on the market?

404 Acacia was listed on July 14, 2026, which means it's been on the market for 123 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2023, making it approximately 3 years old.

What is the lot size of this property?

404 Acacia sits on a 0.25-acre lot, which is 10,890 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Farias
  • Middle: Alamo
  • High: PSJA H.S.

Want to see how these schools compare? Check out our Hidalgo County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 404 Acacia?

The most recent public record shows annual property taxes for 404 Acacia were approximately $14,805. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $500 paid annually.

Is 404 Acacia still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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 by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater McAllen Association of REALTORS. All rights reserved.

Last Updated: November 14, 2026 at 02:11PM | Source: Greater McAllen Association of REALTORS | MLS#: 509607