4-Unit Residential
810 S Missouri Street, Alton, TX 78573
For Sale
New
$474,900
Each residence has two bedrooms, two bathrooms, and appliances included in the sale.
Property Size3,960 SF
Price / SF$119.92
Days on Market7
Property Features for 810 S Missouri Street
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Oct 31
Changed: Nov 6
Last Checked: Nov 6 at 2:08PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2022, this residential income property contains four units totaling 3,960 square feet. Each unit offers two bedrooms and two bathrooms, with appliances included in the sale. The property is fully leased.
Located at 810 S Missouri Street in Alton, Texas, the quadplex is configured as four matching two-bedroom, two-bathroom residences.
Located at 810 S Missouri Street in Alton, Texas, the quadplex is configured as four matching two-bedroom, two-bathroom residences.
Key Highlights
- Four units totaling 3,960 square feet
- Fully leased property
- Built in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,630
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,600
$692.6K
Cap Rate 7%
$494,714
$494.7K
Cap Rate 9%
$384,778
$384.8K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$55.6K $14.04/SF
− Vacancy
−$6.1K −$1.55/SF
EGI
$49.5K $12.49/SF
− OpEx
−$14.8K −$3.75/SF
NOI
$34.6K $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%
$692,600
Cap Rate 7%
$494,714
Cap Rate 9%
$384,778
Alternative Uses
Best Use
Multifamily LT 5
$494.7K
$432.9K – $577.2K
NOI $34,630 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$455.5K
$398.6K – $531.4K
NOI $31,884 @ 7.0% cap · market cap 6.71%
Theoretical Best
Hotel Hospitality
$2.98M
$2.61M – $3.48M
NOI $208,791 @ 7.0% cap · market cap 43.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
84
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 - Each residence has two bedrooms, two bathrooms, and appliances included in the sale.
Where is this quadplex located?
The property is located at 810 S Missouri Street Alton, TX.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Four units totaling 3,960 square feet; Fully leased property; Built in 2022
