Alton, Texas
2813 Israel Avenue
Alton, TX 78572
Map location unavailable
$495,000
- Beds
- N/A
- Baths
- N/A
- Square feet
- 4,032
- Lot
- 0.26 acres
- Year built
- 2024
- Type
- Multi-family
- Status
- For Sale
- MLS #
- 507819
Mortgage estimate
$3,610/ month
20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.
Adjust the estimateEstimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.
About this home
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!
Features
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