731 n tower rd, alamo, TX 78516

Asking Price
The price of a property as listed on the market.

$2,400,000
Resale (MLS)
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
 · This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $973,040 · This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $1,366,306
This listing is NOT a foreclosure. Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main throughfare 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.This MLS Resale home is a townhouse or condo located in ALAMO. It offers 1.39 acres in size, beds and 12 baths. Review its detailed information and determine if this ALAMO MLS Resale has the qualities you are looking for.

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

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Property Info
Property ID950843059
MLS Number467850
Parcel NumberS3090-00-000-0001-00
CountyHIDALGO
Bathrooms12.0
Living Area (sqft)24,000
Price/sqft$100
Year Built01/01/2017
Property TypeTownhouse or Condo
Lot Size1.39 acres
Total Units20
HeatingCentral
CoolingCentral
Roof TypeHIP
Style31
Exterior WallsStucco
Legal DescriptionSHEA ESTATES LOT 1 & 2
ZoningCO
Listing StatusActive
Property Brokerage: Benavides International Group , 310 W. Nolana Avenue, Mcallen, TX78504
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.

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