4-Unit
806 S Linda Street, Alton, TX 78573
For Sale
New
$469,000
The residential income property includes a mix of two- and three-bedroom apartments, each with two bathrooms.
Property Size4,052 SF
Price / SF$115.75
Days on Market6
Property Features for 806 S Linda Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Road Access
Building Details
Year Built
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 3:29PM
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 SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
Built in 2026, this four-unit residential property contains 4,052 square feet. Its apartment mix comprises two two-bedroom, two-bath units and two three-bedroom, two-bath units.
The property is located at 806 S Linda Street in Alton, Texas 78573.
The property is located at 806 S Linda Street in Alton, Texas 78573.
Key Highlights
- Four‑unit property with 4,052 square feet
- Two two‑bedroom, two‑bath units and two three‑bedroom, two‑bath units
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,435
Cap Rate
7.56%
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 7.56%
Second Best
Apartment 5plus
$466.1K
$407.8K – $543.8K
NOI $32,625 @ 7.0% cap · market cap 6.96%
Theoretical Best
Hotel Hospitality
$3.05M
$2.67M – $3.56M
NOI $213,642 @ 7.0% cap · market cap 45.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Paved road access
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
$154,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - The residential income property includes a mix of two- and three-bedroom apartments, each with two bathrooms.
Where is this quadplex located?
The property is located at 806 S Linda Street Alton, TX.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Four‑unit property with 4,052 square feet; Two two‑bedroom, two‑bath units and two three‑bedroom, two‑bath units; Built in 2026
