2813 E ISRAEL AVENUE, ALTON, TX 78572
Homes for sale in Alton.
Homes for sale in 78572.
List Price$495,000
2813 E Israel Avenue
Alton, TX 78572
Listing #507819
4,032
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Don't miss this fully occupied, income-producing four-plex located in the desirable Sunterra Subdivision. Generating approximately $53,400 in annual gross income with a current Net Operating Income (NOI) of approximately $35,255, this property is offered at an attractive 7.12% cap rate. 3 bedrooms and 2 bathrooms with functional layouts designed to attract and retain quality tenants. All units include appliances, providing added convenience and value. Located in a growing area with easy access to schools, shopping, dining, and everyday amenities, this property benefits from strong rental demand and excellent long-term investment potential. Property Highlights: Fully leased four-plex Four 3-bedroom, 2-bath units Gross Annual Income: $53,400 NOI: Approximately $35,255 Cap Rate: 7.12% Appliances included Strong rental history Prime Sunterra Subdivision location Immediate cash-flow opportunity Start generating income from day one--schedule your showing today!
Property Features
Location Information
County
Hidalgo
Directions
Go WEST on Trenton, turn SOUTH on Steward and then turn EAST on Israel Ave
Subdivision
Sunterra Estates
Interior Features
Interior
Ceiling Fan(s), Dryer, Walk-In Closet(s), Washer
Laundry
Laundry Closet, Washer/Dryer Connection
Heating
Central, Electric
Appliances
Electric Water Heater, Smooth Electric Cooktop, Dryer, Refrigerator, Washer
Cooling
Central Air, Electric
Total Number of Units
4
Floors
Tile
Features
Sidewalks, Street Lights
Exterior Features
Construction
Brick
Parking Spaces
8
Exterior
Other
Fencing
Privacy, Wood
Foundation
Slab
Lot Description
Sidewalks
Roof
Shingle
Lot Size in Acres
0.265
Possession
Closing and Funding, Immediate
Lot Size in Sq. Ft.
11,523
Septic or Sewer
City Sewer
Buildings
Outbuilding (None)
Parking Description
No Garage
Energy Features
Thermostat
Garage Spaces
0
Road Description
Paved
School
Elementary School District
Mission ISD
Middle School
Mission Junior High
Elementary School
Cantu
High School
Mission H.S.
Additional Information
Property Type
RI
HOA Fee
$500
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2024
Taxes
12745
APN
S706500000001200
Tax Year
2025
Status
Active
Square Feet Source
HidalgoCAD
Units in Complex
2
Similar Listings
Mortgage Calculator
$2,310
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,783
Monthly Tax
$412
Monthly Insurance
$115
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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