4-Unit
800 N Kentucky Street, Alton, TX 78573
For Sale
$480,000
Built in 2022, the property has three occupied units and one currently vacant unit.
Property Size4,110 SF
Price / SF$116.79
Days on Market12
Property Features for 800 N Kentucky Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Dryer
Microwave
Split Bedrooms
Washer
Motorized Gate
Sprinkler System
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Blue Diamond Realty Group LLC
(956) 467-2120
Listed By:
Rodrigo Garza Saenz
(956) 672-9896
Source:
Justrealty
Added: Oct 26
Changed: Nov 6
Last Checked: Nov 6 at 2:01PM
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 Blue Diamond Realty Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,110-square-foot quadplex was built in 2022 and contains four residential units. Three units are occupied, while the remaining unit is vacant and available for lease. The property is in Alton, near shopping, dining, schools, and major roadways.
Key Highlights
- Four‑unit quadplex built in 2022
- 4,110 square feet
- Three units occupied; one unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,942
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,840
$718.8K
Cap Rate 7%
$513,457
$513.5K
Cap Rate 9%
$399,356
$399.4K
Market Conditions
NOI Build-Up for 4,110 SF
Gross rent
$57.7K $14.04/SF
− Vacancy
−$6.4K −$1.55/SF
EGI
$51.3K $12.49/SF
− OpEx
−$15.4K −$3.75/SF
NOI
$35.9K $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%
$718,840
Cap Rate 7%
$513,457
Cap Rate 9%
$399,356
Alternative Uses
Best Use
Multifamily LT 5
$513.5K
$449.3K – $599.0K
NOI $35,942 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$472.7K
$413.7K – $551.5K
NOI $33,092 @ 7.0% cap · market cap 6.89%
Theoretical Best
Hotel Hospitality
$3.10M
$2.71M – $3.61M
NOI $216,700 @ 7.0% cap · market cap 45.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
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
$154,800
Median Home Value
Market
Average Price Trend$/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 - Built in 2022, the property has three occupied units and one currently vacant unit.
Where is this quadplex located?
The property is located at 800 N Kentucky Street Alton, TX.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 2022; 4,110 square feet; Three units occupied; one unit vacant
