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Alton, TX Fourplex-Ready Lot
For Sale
$100,000

1405 S Michigan Street, Alton, TX 78573

Land, Alton, TX

Property SizeContact for details
Lot Size0.22 Acres
Days on Market208

Property Features for 1405 S Michigan Street

General Information

Property type Land
Property subtype Other
Zoning RS
Subdivision Alton Village Apartments
Elementary school Waitz
Middle school Alton-Memorial Junior High
High school Alton H.S.
Elementary school district Mission ISD
Middle school district Mission ISD
High school district Mission ISD
Directions From Conway Ave, head west on Mile 4 Rd (St. Francis Ave), turn left onto S Michigan St, continue south, property will be on the right-hand side at 1405 S Michigan St.
Standard status Active
APN A378000000000400
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3078
HOA Fee $180 Annually

Utilities

Water source Public
Listing Agency: SANETI Realty Group
Listed By: Mayra Millan · License #801071076
Added: Mar 21 Changed: Sep 7 Last Checked: Oct 14 at 11:06PM
MLS# 498801

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 0.2231-acre lot is located on Mile 4 and Conway in Alton, TX, within a growing multifamily area. Zoned RS, the property presents an opportunity for constructing an income-producing fourplex in a high-demand rental market. The location is near an elementary school and major shopping and dining establishments, including Walmart, HEB, Starbucks, and Chick-fil-A. The property has strong rental potential.

Key Highlights

  • Fourplex‑ready lot in a growing multifamily area.
  • Excellent opportunity to build an income‑producing property.
  • High‑demand rental market.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Electrical Service Law Firm Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Fourplex-ready lot in high-demand rental market near shopping.
Where is this land located?
The property is located at 1405 S Michigan Street Alton, TX.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Fourplex‑ready lot in a growing multifamily area.; Excellent opportunity to build an income‑producing property.; High‑demand rental market.
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