Four-Unit Quadplex with Electric
For Sale
$389,000
112 N Linares Street, Alton, TX 78573
MULTI_FAMILY - Alton, TX
Property Size3,868 SF
Lot Size0.17 Acres
Price / SF$100.57
Days on Market48
Property Features for 112 N Linares Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Appliances
Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
Subdivision
Palmasola
Lot features
Curb & Gutters, Sidewalks
Elementary school
Midkiff
Middle school
Cantu
High school
Veterans Memorial H.S.
Elementary school district
Mission ISD
Middle school district
Mission ISD
High school district
Mission ISD
Directions
Head north on conway then turn right onto mile 5 or east main street in Alton,then turn left or North onto N. Linares Street.
Standard status
Active
APN
P215500000002900
Size
3,868 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8259
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2009
Floors in Building
2
Number of units
4
Building materials
Siding
Roof type
Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #0530155
(956) 821-9990
Added: Jun 18
Changed: Jul 29
Last Checked: Aug 4 at 7:06AM
MLS# 506759
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.
Investment Insights
Based on property information with market context.
This fully leased four-unit quadplex offers immediate, income-producing tenancy. Each unit features three bedrooms and two bathrooms, and includes a refrigerator and a stove/range-electric smooth. The property is well-maintained, with electric heating and electric cooling, and an electric water heater. Building exterior is sided, and the roof is composition. Public water serves the property.
Built in 2009, the quadplex sits on a 0.1662-acre lot at 112 N Linares Street in Alton, TX 78573. It is positioned conveniently near shopping, dining, and major roadways.
With no on-site parking features listed, the property’s focus is on its residential rental unit configuration and established occupancy.
Built in 2009, the quadplex sits on a 0.1662-acre lot at 112 N Linares Street in Alton, TX 78573. It is positioned conveniently near shopping, dining, and major roadways.
With no on-site parking features listed, the property’s focus is on its residential rental unit configuration and established occupancy.
Key Highlights
- Fully leased four‑unit quadplex
- Each unit offers 3 bedrooms and 2 bathrooms
- Refrigerator and stove/range‑electric smooth included in each unit
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 | $54.3k | $14.04 |
| − Vacancy | −$6.0k | −$1.55 |
| EGI | $48.3k | $12.49 |
| − OpEx | −$14.5k | −$3.75 |
| NOI | $33.8k | $8.74 |
3,868 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$483.2K
$422.8K – $563.8K
NOI $33,825 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$444.9K
$389.3K – $519.1K
NOI $31,143 @ 7.0% cap · market cap 8.01%
Theoretical Best
Hotel Hospitality
$2.91M
$2.55M – $3.40M
NOI $203,940 @ 7.0% cap · market cap 52.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-plex with fully leased 3-bedroom, 2-bath units and electric heating and cooling.
Where is this quadplex located?
The property is located at 112 N Linares Street Alton, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Fully leased four‑unit quadplex; Each unit offers 3 bedrooms and 2 bathrooms; Refrigerator and stove/range‑electric smooth included in each unit
