Quadplex with
For Sale
$494,000
1317 S Xanthia Street, Alton, TX 78573
MULTI_FAMILY - Alton, TX
Property Size4,212 SF
Lot Size0.24 Acres
Price / SF$117.28
Days on Market12
Property Features for 1317 S Xanthia Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Patio and Porch features
Patio
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision
Shary Landing
Lot features
Sprinkler System
Elementary school
Jensen
Middle school
Sharyland North Junior
High school
Sharyland Pioneer H.S.
Elementary school district
Sharyland ISD
Middle school district
Sharyland ISD
High school district
Sharyland ISD
Directions
From 4 Mile Line (Lark) and N. 23rd Street (McAllen) travel west on Lark to Xanthia (Intersection of 4 Mile Line and Glasscock)
Standard status
Active
APN
S294500000000600
Size
4,212 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13129
HOA Fee
$500 Annually
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
walk-in closets
in-unit washer and dryer
open concept floor plans
private fenced backyard
Building Details
Year built
2023
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Realty One Group Right Choice
(956) 587-9237
Listed By:
Christie Cantu
(956) 587-9237
Added: Jul 24
Last Checked: Aug 4 at 9:06AM
MLS# 510472
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 quadplex is built with stucco exterior materials and a shingle roof, completed in 2023. The home features central heating and central air conditioning, plus a sprinkler system and patio space. Interior amenities include electric water heater, stainless steel appliances, and in-unit laundry with a full-size washer and dryer. The layout also includes an open concept design with a kitchen island, quartz countertops, abundant cabinet storage, and walk-in closets, supported by ceiling fans and modern lighting.
Set on 0.2447 acres, the property is listed as a multi-unit residential investment in Alton, TX (Hidalgo County). It is positioned “minutes from” Sharyland Schools, North McAllen, Mission, Edinburg, UTRGV, and nearby shopping, restaurants, entertainment, and medical facilities.
The combination of updated finishes, in-unit convenience, and private outdoor space supports a variety of owner and tenant lifestyles.
Set on 0.2447 acres, the property is listed as a multi-unit residential investment in Alton, TX (Hidalgo County). It is positioned “minutes from” Sharyland Schools, North McAllen, Mission, Edinburg, UTRGV, and nearby shopping, restaurants, entertainment, and medical facilities.
The combination of updated finishes, in-unit convenience, and private outdoor space supports a variety of owner and tenant lifestyles.
Key Highlights
- Built in 2023 quadplex with stucco exterior and shingle roof
- 0.2447‑acre lot with patio and private fenced backyard space
- Central heating and central air conditioning
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 | $59.1k | $14.04 |
| − Vacancy | −$6.5k | −$1.55 |
| EGI | $52.6k | $12.49 |
| − OpEx | −$15.8k | −$3.75 |
| NOI | $36.8k | $8.74 |
4,212 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$526.2K
$460.4K – $613.9K
NOI $36,834 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$484.5K
$423.9K – $565.2K
NOI $33,913 @ 7.0% cap · market cap 6.86%
Theoretical Best
Hotel Hospitality
$3.17M
$2.78M – $3.70M
NOI $222,078 @ 7.0% cap · market cap 44.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
156
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
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Frequently Asked Questions
What type of property is this?
Quadplex - 2023 quadplex on a small lot with patio space, central HVAC, and sprinkler system for outdoor maintenance.
Where is this quadplex located?
The property is located at 1317 S Xanthia Street Alton, TX.
What is the asking price?
The asking price for this property is $494,000.
What are key features of this property?
This property features: Built in 2023 quadplex with stucco exterior and shingle roof; 0.2447‑acre lot with patio and private fenced backyard space; Central heating and central air conditioning
