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731 N Tower Road, Alamo, TX 78516

Alamo
Local realty services provided by:CENTURY 21 Johnston Company
731 N Tower Road,Alamo, TX 78516
$2,400,000
  • - Beds
  • - Baths
  • 24,000 sq. ft.
  • Multi-family
  • Active
Listed by: victor fuentes
Office: big realty
MLS#:467850
Source:TX_GMAR

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$100

About this home

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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Home facts

  • Year built:2017
  • Listing ID #:467850
  • Added:345 day(s) ago
  • Updated:March 19, 2026 at 04:01 PM

Rooms and interior

  • Flooring:Porcelain Tile, Tile
  • Kitchen Description:Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Bedroom Description:Split Bedrooms, Walk-In Closet(s)
  • Living area:24,000 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition Shingle
  • Year built:2017
  • Building area:24,000 sq. ft.
  • Lot area:1.39 Acres
  • Lot Features:Alley, Sidewalks, Sprinkler System
  • Construction Materials:Stone, Stucco
  • Exterior Features:Alley, Decorative Metal, Patio Slab, Sidewalks, Sprinkler System
  • Foundation Description:Slab

Schools

  • High school:PSJA Memorial H.S.
  • Middle school:Vela
  • Elementary school:Santos Livas

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$100
  • Tax amount:$35,000

Features and amenities

  • Appliances:Refrigerator
  • Laundry features:Dryer, Laundry Closet, Washer, Washer/Dryer Connection, Water Heater (Laundry Room)
  • Amenities:Cable Available, Sidewalks, Sprinkler System, Street Lights

Parking

  • Parking description:Detached

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