1008 W LA POINTE AVE Alton, TX 78573
MULTI_FAMILY - ALTON, TX
- Added:
- Mar 26, 2026
- Days on Market:
- 111
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 1008 W LA POINTE AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport
- Interior features
- Ceiling Fan(s), Smoke Alarm(s)
- Fencing
- Privacy
- Appliances
- Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 4,032 SF
- Lot size
- 0.25 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile
Listing agent ZINTIHA LOYA (956) 536-9270
Listing office KELLER WILLIAMS LRGV 1313 E Washington Ave, Harlingen, TX (956) 423-8877
Listing date Mar 26, 2026
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Monthly Income Potential (investment property)
- New Construction built in 2022
- Features 3 Bedrooms / 2 Baths
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.6k | $14.04 |
| − Vacancy | −$6.2k | −$1.55 |
| EGI | $50.4k | $12.49 |
| − OpEx | −$15.1k | −$3.75 |
| NOI | $35.3k | $8.74 |
