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Brick Duplex with Covered Parking
For Sale
$190,000

619 W Oak Street, Alton, TX 78573

Residential Income, Alton, TX

Property Size1,785 SF
Lot Size0.18 Acres
Price / SF$106.44
Days on Market170

Property Features for 619 W Oak Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 4
Patio and Porch features Patio
Exterior features Manual Gate
Fencing Gate, Chain Link
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

Amenities

appliances included
fenced yard
alley access

Building Details

Year built 2005
Floors in Building 1
Number of units 3
Building materials Brick
Roof type Shingle
Listing Agency: eXp Realty LLC
Listed By: Roldan Castro
Added: May 6 Changed: Oct 8 Last Checked: Oct 22 at 7:06AM
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.

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Investment Insights

Based on property information with market context.

This 2005 brick duplex contains 1,785 square feet across two residential units, each with approximately 900 square feet, two bedrooms, and one bathroom. Both units are currently leased. Each residence includes a refrigerator, electric coil range, central heating, central air, and patio access. The property also features a shingle roof and a manual gate within its chain-link fencing.

Covered parking accommodates two vehicles per unit, and an alley provides additional access. The 0.1837-acre parcel is located in Alton, Hidalgo County, near restaurants and other establishments. The duplex offers a straightforward two-unit configuration with established occupancy and separate residential living areas.

Key Highlights

  • Two‑unit duplex with 1,785 square feet
  • Both units currently leased
  • Each unit has 2 bedrooms and 1 bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,610
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,200 $312.2K
Cap Rate 7%
$223,000 $223.0K
Cap Rate 9%
$173,444 $173.4K
Market Conditions
NOI Build-Up for 1,785 SF
Gross rent
$25.1K $14.04/SF
− Vacancy
−$2.8K −$1.55/SF
EGI
$22.3K $12.49/SF
− OpEx
−$6.7K −$3.75/SF
NOI
$15.6K $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%
$312,200
Cap Rate 7%
$223,000
Cap Rate 9%
$173,444

Alternative Uses

Best Use
Multifamily LT 5
$223.0K
$195.1K – $260.2K (±1% cap)
NOI $15,610 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$205.3K
$179.7K – $239.5K (±1% cap)
NOI $14,372 @ 7.0% cap · market cap 7.56%
Theoretical Best
Hotel Hospitality
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,114 @ 7.0% cap · market cap 49.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two leased residential units offer separate living spaces, appliances, covered parking, and fenced outdoor areas.
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: Two‑unit duplex with 1,785 square feet; Both units currently leased; Each unit has 2 bedrooms and 1 bath
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