Four-Unit Multifamily
2608 E Harrison Avenue, Alton, TX 78573
For Sale
$465,000
The unit mix combines two- and three-bedroom layouts, each with two bathrooms and kitchen appliances.
Property Size4,052 SF
Price / SF$114.76
Days on Market18
Property Features for 2608 E Harrison Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Ceiling Fan(s)
Decorative/High Ceilings
Microwave
Walk-In Closet(s)
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
STX Real Estate Group
(956) 400-9697
Listed By:
Gloria Gracia
(956) 655-0551
Source:
Dolcevitargv
Added: Oct 20
Changed: Nov 6
Last Checked: Nov 6 at 2:54PM
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 STX Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 2026, this 4,052-square-foot multifamily property contains four units. Two apartments have two bedrooms and two bathrooms; the other two offer three bedrooms and two bathrooms. Each unit includes kitchen appliances, with open-plan interiors, modern finishes and decorative ceilings.
The property is in the Westwood Villas subdivision in Alton, near schools and main roads.
The property is in the Westwood Villas subdivision in Alton, near schools and main roads.
Key Highlights
- Four units totaling 4,052 square feet
- Two units with 2 bedrooms and 2 bathrooms; two units with 3 bedrooms and 2 bathrooms
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,435
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,700
$708.7K
Cap Rate 7%
$506,214
$506.2K
Cap Rate 9%
$393,722
$393.7K
Market Conditions
NOI Build-Up for 4,052 SF
Gross rent
$56.9K $14.04/SF
− Vacancy
−$6.3K −$1.55/SF
EGI
$50.6K $12.49/SF
− OpEx
−$15.2K −$3.75/SF
NOI
$35.4K $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%
$708,700
Cap Rate 7%
$506,214
Cap Rate 9%
$393,722
Alternative Uses
Best Use
Multifamily LT 5
$506.2K
$442.9K – $590.6K
NOI $35,435 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$466.1K
$407.8K – $543.8K
NOI $32,625 @ 7.0% cap · market cap 7.02%
Theoretical Best
Hotel Hospitality
$3.05M
$2.67M – $3.56M
NOI $213,642 @ 7.0% cap · market cap 45.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
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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
$154,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Alton, TX
Properties on Market for Quadplexes in Alton
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix combines two- and three-bedroom layouts, each with two bathrooms and kitchen appliances.
Where is this quadplex located?
The property is located at 2608 E Harrison Avenue Alton, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Four units totaling 4,052 square feet; Two units with 2 bedrooms and 2 bathrooms; two units with 3 bedrooms and 2 bathrooms; Built in 2026
