Newly Built
For Sale
$470,000
805 Sunset Valley Street, Alton, TX 78573
MULTI_FAMILY - Alton, TX
Property Size3,992 SF
Lot Size0.29 Acres
Price / SF$117.74
Days on Market177
Property Features for 805 Sunset Valley Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
None
Exterior features
Sprinkler System
Fencing
Privacy
Appliances
Electric Water Heater, Water Heater (Laundry Room), Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range, Washer
Subdivision
Sunset Valley
Lot features
Professional Landscaping, Sidewalks, Sprinkler System
Elementary school
Cantu
Middle school
Alton-Memorial Junior High
High school
Mission H.S.
Elementary school district
Mission ISD
Middle school district
Mission ISD
High school district
Mission ISD
Directions
GO South On Conway, Turn Left (West) on Mile 6., Turn Left (West) on Trosper, Go South on Trosper and you will see subdivision about half a mile South on your West Side. SUNSET VALLEY APARTMENTS. Second building on your left side.
Standard status
Active
APN
S765700000005000
Size
3,992 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9936
HOA Fee
$500 Annually
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2021
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Alliance Real Estate Group
(956) 340-4633
Listed By:
Emiliano Perez
(956) 777-9579
Added: Feb 3
Changed: Jul 30
Last Checked: Jul 30 at 6:06PM
MLS# 493553
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 newly built four-plex was completed in 2022 and features a modern open-concept layout with wood-look tile flooring throughout. Two units are configured as 2 bed / 2 bath, while the remaining two units are 3 bed / 2 bath. Kitchens include custom cabinetry, granite countertops, and stainless steel appliances. Each unit also has its own private fenced backyard, along with included washer and dryer.
The property is located in a gated subdivision in Alton, Texas, on a larger lot that provides tenants with larger outdoor areas. Covered carport parking includes eight spaces, and tenant-paid utilities include electricity, cable, and internet.
The four-plex is listed as fully leased and is offered for sale as a residential income property.
The property is located in a gated subdivision in Alton, Texas, on a larger lot that provides tenants with larger outdoor areas. Covered carport parking includes eight spaces, and tenant-paid utilities include electricity, cable, and internet.
The four-plex is listed as fully leased and is offered for sale as a residential income property.
Key Highlights
- Four‑plex built in 2021 with stucco construction and a shingle roof
- Unit mix: two 2 bed/2 bath units and two 3 bed/2 bath units
- Each unit includes a private fenced backyard; larger lot provides bigger backyards
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 | $56.0k | $14.04 |
| − Vacancy | −$6.2k | −$1.55 |
| EGI | $49.9k | $12.49 |
| − OpEx | −$15.0k | −$3.75 |
| NOI | $34.9k | $8.74 |
3,992 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$498.7K
$436.4K – $581.8K
NOI $34,910 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$459.2K
$401.8K – $535.7K
NOI $32,141 @ 7.0% cap · market cap 6.84%
Theoretical Best
Hotel Hospitality
$3.01M
$2.63M – $3.51M
NOI $210,478 @ 7.0% cap · market cap 44.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-plex built in 2022 offering open-concept units, fenced private backyards, and covered carport parking for eight vehicles.
Where is this quadplex located?
The property is located at 805 Sunset Valley Street Alton, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Four‑plex built in 2021 with stucco construction and a shingle roof; Unit mix: two 2 bed/2 bath units and two 3 bed/2 bath units; Each unit includes a private fenced backyard; larger lot provides bigger backyards
