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About This Home

This 0-bedroom, 0-bathroom multi-family at 731 N Tower Road in Alamo, TX is listed for $2,400,000 ($100 per sqft). Built in 2017, the home offers 24,000 sqft of living space on a 1.39 acres lot.

Agent Description

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.

Key Features

  • Built in 2017
  • 1.39 acre lot
  • 40 parking spaces

Property Details

1 story
40 spaces
2017

Amenities

A/C

Monthly Cost Estimate

$12,836/mo

20% down · 6.5% · 30 years

Principal$1,736
Interest$10,400
Insurance$700

Estimates only. Actual payments may vary.

Location

731 N Tower Road

Alamo, TX 78516

Shea Estates

Features & Amenities

Exterior Features

Sprinkler System

Property Details

Construction

Stone Stucco

Pool Features

Patio

Heating

Central

Cooling

Central Air

Appliances

Electric Water HeaterWater Heater (Laundry Room)Electric CooktopRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 731 N Tower Road is listed at $2,400,000 ($100/sqft). The estimated monthly payment is $10,400 based on 20% down at 6.5% interest.

Key features include: Built in 2017, 1.39 acre lot, 40 parking spaces. Exterior Features: Sprinkler System.

This property is listed by Victor Fuentes and can be reached at 9564321351 or victor@bigrealty.com.

VF

Victor Fuentes

Agent at BIG Realty

(956) 432-1351

Listed by BIG Realty · View on Broker Site

MLS# 467850· Source: listhub· Updated today

Copyright © 2026 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.

731 N Tower Road, Alamo, TX 78516

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