1409 S Yankton Street, Alton, TX 78573
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 4:06 am
Property Features for 1409 S Yankton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Appliances
- Electric Water Heater, Water Heater (Laundry Room), Dryer, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- S294500000003300
- Size
- 4,060 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10987
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Number of units
- 10
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Omar Govea (956) 929-2345
Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX (956) 465-0011
Listing date Jul 7, 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
- Custom‑built fourplex with Year Built 2024
- 3 units fully leased and 1 fully furnished unit operating as an Airbnb
- Each unit offers an appliance package with electric stove/range, washer, dryer, and electric water heater
- Central heating and central air, plus electric cooling
- All units are fully fenced for added privacy
- Stucco exterior with shingle roof and sprinkler system; oversized covered back patios on 3BR/2BA units
Overview
The property is located at 1409 S Yankton Street in Alton, Texas, on a 0.2447-acre lot. Nearby everyday amenities include schools, shopping, and restaurants, providing convenient access for residents and guests.
For investors or owners seeking a turnkey multifamily asset, this fourplex offers a mix of long-term leasing and short-term rental operation, with three fully leased units and one furnished unit currently in use. The apartment-style layouts, included appliances, fenced yards, and covered patios support a straightforward resident experience and help reduce friction for both long-term and short-term occupancy. Please contact the listing broker for details on unit availability and showings.
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 | $57.0k | $14.04 |
| − Vacancy | −$6.3k | −$1.55 |
| EGI | $50.7k | $12.49 |
| − OpEx | −$15.2k | −$3.75 |
| NOI | $35.5k | $8.74 |
Alternative Uses
Current Use by Public Records
Map
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.282811
- Latitude
- 26.269238
