Modern Four-Unit
For Sale
$475,000
912 Kentucky Street, Alton, TX 78573
Residential Income, Alton, TX
Property Size4,032 SF
Lot Size0.29 Acres
Price / SF$117.81
Days on Market50
Property Features for 912 Kentucky Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Patio and Porch features
Patio
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Water Heater (Laundry Room), 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
From Exp 83 go North on Conway, Turn left (west) on 6 mile, Turn Right (north) on Trospher, go about 1/2 mile north on Trospher, you will see subdivision on the left (west) hand side. Gate is open due to construction. Sunset Valley Apartments.
Standard status
Active
APN
S765700000004800
Size
4,032 SF
Lot size
0.29 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14384
HOA Fee
$550 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
wood like tile
modern custom cabinets
granite counter tops
private fenced backyards
washer/dryer
stainless steel appliances
Building Details
Year built
2022
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
Top Tier Real Estate Group LLC
(956) 207-0301
Listed By:
Oscar Arambula
(956) 457-1748
Added: Sep 14
Changed: Oct 29
Last Checked: Nov 2 at 3:06AM
MLS# 515227
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.
Built in 2022, this 4,032-square-foot quadplex contains four residential units within a modern stucco building. The unit mix includes two 2-bedroom, 2-bath residences and two 3-bedroom, 2-bath residences. Each apartment features an open-concept layout, wood-look tile flooring, custom cabinetry, granite countertops, spacious bedrooms, and large closets. Washer and dryer appliances, stainless steel kitchen appliances, central air, electric heating, and private fenced backyards are included across the property.
The property occupies 0.2904 acres in a gated subdivision at 912 Kentucky Street in Alton, Texas. Eight carport spaces provide covered parking, while public water, a shingle roof, patios, and an automatic sprinkler system serve the site. All four units are currently leased, and residents pay their own electricity, cable, and internet services.
The property occupies 0.2904 acres in a gated subdivision at 912 Kentucky Street in Alton, Texas. Eight carport spaces provide covered parking, while public water, a shingle roof, patios, and an automatic sprinkler system serve the site. All four units are currently leased, and residents pay their own electricity, cable, and internet services.
Key Highlights
- 4,032‑square‑foot quadplex built in 2022
- Unit mix includes two 2‑bedroom/2‑bath and two 3‑bedroom/2‑bath apartments
- All four units are currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,260
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,200
$705.2K
Cap Rate 7%
$503,714
$503.7K
Cap Rate 9%
$391,778
$391.8K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$56.6K $14.04/SF
− Vacancy
−$6.2K −$1.55/SF
EGI
$50.4K $12.49/SF
− OpEx
−$15.1K −$3.75/SF
NOI
$35.3K $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%
$705,200
Cap Rate 7%
$503,714
Cap Rate 9%
$391,778
Alternative Uses
Best Use
Multifamily LT 5
$503.7K
$440.8K – $587.7K
NOI $35,260 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$463.8K
$405.8K – $541.1K
NOI $32,464 @ 7.0% cap · market cap 6.83%
Theoretical Best
Hotel Hospitality
$3.04M
$2.66M – $3.54M
NOI $212,587 @ 7.0% cap · market cap 44.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
177
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Gated-subdivision property with private fenced yards, contemporary interiors, and assigned covered parking for residents.
Where is this quadplex located?
The property is located at 912 Kentucky Street Alton, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 4,032‑square‑foot quadplex built in 2022; Unit mix includes two 2‑bedroom/2‑bath and two 3‑bedroom/2‑bath apartments; All four units are currently leased
