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    1308 Yankton St Alton, TX 78573

    For Sale
    $498,000

    Brand new, fully leased fourplex in Alton, TX.

    Property size:
    4,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents a newly constructed fourplex located at 1308 Yankton Street, Alton, Texas, 78573. Completed in 2023, this property boasts a prime location within a gated multi-family subdivision in the desirable Sharyland ISD. The four units are currently fully leased, offering immediate cash flow. Each unit features approximately 1020 square feet of living space (4080 total square feet) and includes a modern open-concept floor plan with wood-like tile flooring throughout. Kitchens are equipped with custom cabinets, modern quartz countertops, and islands offering ample storage. Spacious bedrooms feature large closets, and the master bedrooms include large bathrooms with frameless glass showers. All units enjoy the added benefit of their own private fenced backyard, adding to their appeal. Stainless steel appliances and washer/dryer connections are included in each unit. Carports provide covered parking. The property sits on a 10,660 square foot lot and consists of two buildings. This turnkey investment is ideally situated near schools, restaurants, and shopping, making it an attractive option for tenants and investors alike. Don't miss this chance to acquire a high-quality, income-producing property in a thriving Texas community.

    Property Features for 1308 Yankton St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,080 SF

    Building Details

    Year Built
    2023
    Buildings
    2
    Units
    4

    HighLights

    • $498,000 asking price.
    • Multifamily property, four‑unit apartment building (duplex/triplex/quadruplex).
    • 4,080 square feet, built in 2023.
    • Two buildings on a 10,660 square foot lot.
    • Located at 1308 Yankton Street, Alton, TX 78573, in the Sharyland ISD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2821612
    Latitude
    26.2699912

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    FAQs

    What type of property is this?
    Multifamily property - Brand new, fully leased fourplex in Alton, TX.
    Where is this multifamily property located?
    The property is located at 1308 Yankton St Alton, TX.
    What is the asking price?
    The asking price for this property is $498,000.
    What are key features of this property?
    This property features: $498,000 asking price.; Multifamily property, four-unit apartment building (duplex/triplex/quadruplex).; 4,080 square feet, built in 2023.
    Request Owner's contact information
    1308 Yankton St Alton, TX 78573
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    Alton, TX 78573
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1308 Yankton St Alton, TX 78573
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