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Alton TX Investment Opportunity

1225 W Garfield Avenue Mission, TX 78573

1225 W Garfield Avenue, Mission, TX, 78573
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Four-unit multifamily property in Alton, Texas, perfect for investors.

Property Size3,712 SF
Price / SF$121.23
AddedMay 12
Days on Market64
Last RefreshJun 26 at 8:18 pm

Property Features for 1225 W Garfield Avenue

General Information

Standard status
Active
Size
3,712 SF
Property subtype
Multifamily

Building Details

Year Built
2021

Listing office Keller Williams Realty RGV

Listing date May 12, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty RGV


Investment Insights

Based on property information with market context.

This multifamily property in Alton, Texas, presents an investment opportunity. The property is a four-plex, featuring four identical units. Each unit includes 2 bedrooms and 2 bathrooms. Essential appliances are included in each unit. Tile flooring is present throughout the units. The units feature an open floor plan. There are 8 covered carport spaces located at the front of the property, providing two dedicated parking spots for each tenant. The property has a size of 3712 square feet and is located at 1225 W Garfield Avenue, Mission, TX 78573.

Key Highlights

  • Income‑producing 4‑plex investment opportunity.
  • Each unit features 2 bedrooms and 2 bathrooms.
  • Built in 2021.

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 $52.1k $14.04
− Vacancy −$5.7k −$1.55
EGI $46.4k $12.49
− OpEx −$13.9k −$3.75
NOI $32.5k $8.74
3,712 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$463.7K
$405.8K – $541.0K (±1% cap)
NOI $32,461 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$427.0K
$373.6K – $498.1K (±1% cap)
NOI $29,887 @ 7.0% cap · market cap 6.64%
Theoretical Best
Hotel Hospitality
$2.80M
$2.45M – $3.26M (±1% cap)
NOI $195,715 @ 7.0% cap · market cap 43.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic Building Supply Furniture & Home Goods Kitchen & Bath Showroom Plumbing Service Florist (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property in Alton, Texas, perfect for investors.
Where is this quadplex located?
The property is located at 1225 W Garfield Avenue Mission, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Income‑producing 4‑plex investment opportunity.; Each unit features **2 bedrooms and 2 bathrooms.**; Built in 2021.
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