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731 N Tower Road
Alamo TX 78516 US

$2,400,000

Active Listing ID 467850
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Lot: 1.39 Acres
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Apartment

$2,400,000

Active Listing ID 467850
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731 N Tower Road 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 accessible location near commercial centers, this investment offers long-term growth and stability. Don't miss your chance to own one of the best-built properties in the area! All units are FULLY rented. This property also features a large office, perfect to convert into another rental space or to conduct business out of there.

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Property Features

  • Facts
  • Lot Size: 1.39 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Heating Fuels: Central

School Information

  • School
  • Santos Livas(Elementary)
  • Vela(MiddleSchool)
  • PSJA Memorial H.S.(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 2400000
  • unparsedaddress: 731 N Tower Road
  • postalcity: Alamo
  • stateorprovince: TX
  • country: US
  • postalcode: 78516
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.39
  • lotsizeunits: Acres
  • lotsizearea: 1.39
  • livingarea: 24000
  • livingareaunits: Square Feet
  • latitude: 26.194057
  • longitude: -98.109632
  • listagentfullname: Victor Fuentes
  • listagentemail: victor@bigrealty.com
  • listagentkey: 3yd-GMARTX-801071391
  • listagentmlsid: 801071391
  • listagentpreferredphone: 9564650011
  • listagentofficephone: 9564650011
  • listofficekey: 3yd-GMARTX-814
  • listofficemlsid: 814
  • disclaimer: Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GMARTX
  • yearbuilt: 2017
  • countyorparish: Hidalgo
  • parcelnumber: S309000000000100
  • elementaryschool: Santos Livas
  • highschool: PSJA Memorial H.S.
  • heating: Central
  • numberofunitstotal: 20
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 40
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.109634, 26.194057
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Benavides International Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"victor@bigrealty.com", "ListBrokerageCity":"Pharr", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rick@isellrgv.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Benavides International Group", "ListBrokeragePhone":"(956) 465-0011", "ListBrokeragePostalCode":"78577", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"802 E Expressway 83 Ste. A", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"310 W. Nolana Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Mcallen", "ListOfficeCountry":"US", "ListOfficeEmail":"rick@isellrgv.com", "ListOfficePostalCode":"78504", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Alamo, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/731-N-Tower-Rd_Alamo_TX_78516_M71390-53911?f=listhub&s=GMARTX&m=467850&c=rexren", "MLSModificationTimestamp":"2025-04-21T14:05:28Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":35000, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/1/2025 9:33:45 AM GMT
Source Updated Date: 5/7/2025 6:49:13 AM GMT

Courtesy of: Victor Fuentes, Big Realty, victor@bigrealty.com

Copyright 漏 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.