Alton Duplex Investment
For Sale
$190,000
619 W Oak Street, Alton, TX 78573
MULTI_FAMILY - Alton, TX
Property Size1,785 SF
Lot Size0.18 Acres
Price / SF$106.44
Days on Market92
Property Features for 619 W Oak Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Patio and Porch features
Patio
Exterior features
Manual Gate
Fencing
Chain Link, Gate
Appliances
Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
Subdivision
Nuevo Alton
Lot features
Alley
Elementary school
Alton
Middle school
Cantu
High school
Mission H.S.
Elementary school district
Mission ISD
Middle school district
Mission ISD
High school district
Mission ISD
Directions
Type in the GPS 619 N Oak St. Alton, TX 78573. It will not appear as West, but the legal description is showing as west.
Standard status
Active
APN
N860000005003800
Size
1,785 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6100
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2005
Floors in Building
1
Number of units
3
Building materials
Brick
Roof type
Shingle
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Roldan Castro
(956) 529-0106
Added: May 6
Changed: Aug 3
Last Checked: Aug 5 at 8:06PM
MLS# 503587
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.
Investment Insights
Based on property information with market context.
This duplex presents an investment opportunity in the heart of Alton, Texas, near Conway and various restaurants and establishments. Each of the two units features 2 bedrooms and 1 bath, with all appliances included. Both units are currently leased. The property, situated on a 0.1837-acre lot, offers the potential for expansion or the addition of other features due to its spacious yard. Each unit includes 2 covered parking spaces and access to an alley. Fencing provides privacy and security for the tenants. The duplex is constructed of brick, with each unit measuring approximately 900 square feet, contributing to a total property size of 1785 square feet.
Key Highlights
- Duplex featuring two 2‑bedroom, 1‑bath units, both currently leased for immediate income.
- Each unit includes all appliances, simplifying property management.
- Each unit has 2 covered parking spaces and alley access.
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 | $25.1k | $14.04 |
| − Vacancy | −$2.8k | −$1.55 |
| EGI | $22.3k | $12.49 |
| − OpEx | −$6.7k | −$3.75 |
| NOI | $15.6k | $8.74 |
1,785 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$223.0K
$195.1K – $260.2K
NOI $15,610 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$205.3K
$179.7K – $239.5K
NOI $14,372 @ 7.0% cap · market cap 7.56%
Theoretical Best
Hotel Hospitality
$1.34M
$1.18M – $1.57M
NOI $94,114 @ 7.0% cap · market cap 49.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
822
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Alton, TX, near Conway, leased, expansion potential.
Where is this duplex located?
The property is located at 619 W Oak Street Alton, TX.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Duplex featuring two 2‑bedroom, 1‑bath units, both currently leased for immediate income.; Each unit includes all appliances, simplifying property management.; Each unit has 2 covered parking spaces and alley access.
