4-Unit Contemporary
For Sale
$482,000
1317 S Xanthia Street, Alton, TX 78573
Residential Income, Alton, TX
Property Size4,212 SF
Lot Size0.24 Acres
Price / SF$114.43
Days on Market103
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
wood-look porcelain tile flooring
white quartz countertops
large kitchen island
abundant cabinet storage
stainless steel appliances
walk-in closets
full-size washer and dryer
stylish lighting fixtures
modern ceiling fans
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
Listed By:
Christie Cantu
(956) 587-9237
Added: Jul 24
Changed: Oct 11
Last Checked: Nov 3 at 12:06AM
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.
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Investment Insights
Based on property information with market context.
Completed in 2023, this four-unit residential property contains 4,212 square feet on a 0.2447-acre lot. The units feature open layouts, porcelain tile flooring, quartz countertops, kitchen islands, stainless steel appliances, walk-in closets, and full-size washers and dryers. Central heating and air conditioning serve the building, and a sprinkler system is installed. A fenced backyard and patio provide outdoor space.
The property is in Alton, Texas, and is within Sharyland ISD. Its current occupancy is fully leased.
The property is in Alton, Texas, and is within Sharyland ISD. Its current occupancy is fully leased.
Key Highlights
- Four‑unit building with 4,212 square feet of property area
- Built in 2023 on a 0.2447‑acre lot
- Fully leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,834
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,680
$736.7K
Cap Rate 7%
$526,200
$526.2K
Cap Rate 9%
$409,267
$409.3K
Market Conditions
NOI Build-Up for 4,212 SF
Gross rent
$59.1K $14.04/SF
− Vacancy
−$6.5K −$1.55/SF
EGI
$52.6K $12.49/SF
− OpEx
−$15.8K −$3.75/SF
NOI
$36.8K $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%
$736,680
Cap Rate 7%
$526,200
Cap Rate 9%
$409,267
Alternative Uses
Best Use
Multifamily LT 5
$526.2K
$460.4K – $613.9K
NOI $36,834 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$484.5K
$423.9K – $565.2K
NOI $33,913 @ 7.0% cap · market cap 7.04%
Theoretical Best
Hotel Hospitality
$3.17M
$2.78M – $3.70M
NOI $222,078 @ 7.0% cap · market cap 46.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
60
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 - A fully leased residential property with contemporary finishes, private outdoor space, and in-unit laundry appliances.
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 $482,000.
What are key features of this property?
This property features: Four‑unit building with 4,212 square feet of property area; Built in 2023 on a 0.2447‑acre lot; Fully leased
