New-Construction
For Sale
$465,000
2608 E Harrison Avenue, Alton, TX 78573
Residential Income, Alton, TX
Property Size4,052 SF
Lot Size0.22 Acres
Price / SF$114.76
Days on Market91
Property Features for 2608 E Harrison Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Property condition
Under Construction
Parking
8
Parking features
Other
Appliances
Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Coil
Subdivision
Westwood Villas
Lot features
Professional Landscaping, Sidewalks
Elementary school
Jensen
Middle school
Sharyland North Junior
High school
Pioneer H.S.
Elementary school district
Sharyland ISD
Middle school district
Sharyland ISD
High school district
Sharyland ISD
Directions
Going north on Steward Rd., you passed Mile 4 1/2.(Lark Ave.) Continue North and you will see on your right hand side the entrance/ sign of WESTWOOD VILLAS.
Standard status
Active
APN
W46700000000400
Size
4,052 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1
HOA Fee
$250 Annually
Utilities
Heating system
Central, Electric (Heating)
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
Buildings
1
Listing Agency:
STX Real Estate Group
(956) 400-9697
Listed By:
Gloria Gracia
(956) 655-0551
Added: Aug 4
Changed: Oct 27
Last Checked: Nov 2 at 8:06PM
MLS# 502923
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.
This under-construction quadplex contains 4,052 square feet across four residential units. The configuration includes two two-bedroom, two-bath units and two three-bedroom, two-bath units. Planned interiors feature open-concept layouts, decorative ceilings, modern finishes, and kitchen appliances including refrigerators, microwaves, and electric coil ranges.
The property sits on a 0.2236-acre lot at 2608 E Harrison Avenue in Alton, Texas. Construction materials include stucco, with a composition roof, central air conditioning, central electric heating, and public water service. The recorded year built is 2026.
The property sits on a 0.2236-acre lot at 2608 E Harrison Avenue in Alton, Texas. Construction materials include stucco, with a composition roof, central air conditioning, central electric heating, and public water service. The recorded year built is 2026.
Key Highlights
- 4,052‑square‑foot quadplex with four residential units
- Unit mix includes two 2‑bedroom/2‑bath units and two 3‑bedroom/2‑bath units
- 0.2236‑acre lot at 2608 E Harrison Avenue, Alton, TX 78573
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
46
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 - Four-unit residential income property with modern interiors, appliance packages, and a two-bedroom and three-bedroom unit mix.
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: 4,052‑square‑foot quadplex with four residential units; Unit mix includes two 2‑bedroom/2‑bath units and two 3‑bedroom/2‑bath units; 0.2236‑acre lot at 2608 E Harrison Avenue, Alton, TX 78573
