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    New Construction Fourplex in Alton, TX Title is generated by Realmo AI

    2608 E Harrison Avenue, Alton, TX 78573

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    Claim this Listing
    For Sale
    $458,000

    MULTI_FAMILY - Alton, TX

    Property size:
    4,263 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $107/SF
    Added:
    May 12, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 29 at 7:06 am

    Property Features for 2608 E Harrison Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Parking
    8
    Parking features
    Other
    Appliances
    Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Coil
    Standard status
    Active
    APN
    W46700000000400
    Size
    4,263 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    1
    Number of units
    4
    Building materials
    Stucco
    Roof type
    Composition

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    Contact an agent
    Gloria Gracia

    Listing agent Gloria Gracia

    Listing office STX Real Estate Group 4129 N 22nd St Ste 1 Ste 101 - B, McAllen, TX

    Listing date May 12, 2026

    MLS# 502923 Listing URL

    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

    • New construction 4‑plex in the Westwood Villas subdivision in Alton, TX (Year built: 2026).
    • Unit mix: two 2BR/2BA units and two 3BR/2BA units.
    • Open‑concept layout with modern finishes and decorative ceilings.
    • Each unit includes kitchen appliances (microwave, refrigerator, and electric stove/range).
    • Central heating and central air with electric heating/cooling; electric water heater for the property.
    • Stucco exterior with composition roof; public water source.

    Overview

    This new construction multifamily property is located in the Westwood Villas subdivision in Alton, TX. The fourplex, situated in a growing area, offers long-term investment potential. It features an open concept design with modern finishes and decorative ceilings. The property consists of two units with 2 bedrooms and 2 baths each, and two units with 3 bedrooms and 2 baths each. Each unit is equipped with kitchen appliances. The property is located near schools and main roads. The building has low maintenance requirements and is in turnkey condition. The property size is 4,263 square feet, and the lot size is 0.2236 acres.

    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 $59.9k $14.04
    − Vacancy −$6.6k −$1.55
    EGI $53.3k $12.49
    − OpEx −$16.0k −$3.75
    NOI $37.3k $8.74
    4,263 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $532.6K
    $466.0K – $621.3K (±1% cap)
    NOI $37,280 @ 7.0% cap · market cap 8.14%
    Second Best
    Apartment 5plus
    $490.3K
    $429.0K – $572.1K (±1% cap)
    NOI $34,323 @ 7.0% cap · market cap 7.49%
    Theoretical Best
    Hotel Hospitality
    $3.21M
    $2.81M – $3.75M (±1% cap)
    NOI $224,767 @ 7.0% cap · market cap 49.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.290102
    Latitude
    26.274451

    FAQs

    What type of property is this?
    Quadplex - New construction fourplex in rapidly developing area near schools.
    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 $458,000.
    What are key features of this property?
    This property features: New construction 4‑plex in the Westwood Villas subdivision in Alton, TX (Year built: 2026).; Unit mix: two 2BR/2BA units and two 3BR/2BA units.; Open‑concept layout with modern finishes and decorative ceilings.
    More about this property
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