2609 E Israel Avenue, Alton, TX 78573
- Added:
- May 12, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 29 at 8:06 am
Property Features for 2609 E Israel Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Garage
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
- Standard status
- Active
- APN
- S706500000000500
- Size
- 4,032 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12713
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Gloria Gracia (956) 655-0551
Listing office STX Real Estate Group 4129 N 22nd St Ste 1 Ste 101 - B, McAllen, TX (956) 400-9697
Listing date May 12, 2026
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.
HighLights
- Built in 2024 brick fourplex in Sunterra Subdivision, Alton, TX
- 4 units total with 3 bedrooms and 2 bathrooms per unit
- Each unit includes kitchen appliances, plus washer and dryer
- Central electric cooling and electric central heating
- Electric water heater and shingle roof
- Public water source; garage parking
Overview
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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.290102
- Latitude
- 26.274451
