4-Unit
New
For Sale
$379,000
112 N Linares Street, Alton, TX 78573
Residential Income, Alton, TX
Property Size3,868 SF
Lot Size0.17 Acres
Price / SF$97.98
Days on Market4
Property Features for 112 N Linares Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
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
(956) 821-9990
Added: Oct 19
Last Checked: Oct 22 at 6:06AM
MLS# 518241
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.
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Investment Insights
Based on property information with market context.
Built in 2009, this four-unit residential property contains 3,868 square feet on a 0.1662-acre lot. Each apartment offers three bedrooms and two bathrooms and is equipped with a refrigerator and electric range. All four units are leased.
The building has siding, a composition roof, electric heating and cooling, and public water service. No parking is listed among the property features.
The building has siding, a composition roof, electric heating and cooling, and public water service. No parking is listed among the property features.
Key Highlights
- All four units are leased
- 3,868‑square‑foot building on a 0.1662‑acre lot
- Four units, each with 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,825
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,500
$676.5K
Cap Rate 7%
$483,214
$483.2K
Cap Rate 9%
$375,833
$375.8K
Market Conditions
NOI Build-Up for 3,868 SF
Gross rent
$54.3K $14.04/SF
− Vacancy
−$6.0K −$1.55/SF
EGI
$48.3K $12.49/SF
− OpEx
−$14.5K −$3.75/SF
NOI
$33.8K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,500
Cap Rate 7%
$483,214
Cap Rate 9%
$375,833
Alternative Uses
Best Use
Multifamily LT 5
$483.2K
$422.8K – $563.8K
NOI $33,825 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$444.9K
$389.3K – $519.1K
NOI $31,143 @ 7.0% cap · market cap 8.22%
Theoretical Best
Hotel Hospitality
$2.91M
$2.55M – $3.40M
NOI $203,940 @ 7.0% cap · market cap 53.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
140
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has three bedrooms, two bathrooms, a refrigerator, and an electric range.
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 $379,000.
What are key features of this property?
This property features: All four units are leased; 3,868‑square‑foot building on a 0.1662‑acre lot; Four units, each with 3 bedrooms and 2 bathrooms
