731 N Tower Road, Alamo, TX 78516

$2,400,000

bedrooms

bathrooms

square feet

24,000

Acreage

1.39

Open Houses

year built

2017

Full Baths

Half Baths

Find out more

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.

Location
Subdivision	Shea Estates
County	Hidalgo
Elementary School	Santos Livas
Middle School	Vela
High School	PSJA Memorial H.S.

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Victor Fuentes, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 467850

Listing agent: Victor Fuentes

Listing broker: Benavides International Group (956) 465-0011

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. [source]

Last update: Wednesday, April 16 2025 at 2:08 a.m. EDT

Kotohomes National