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    201 Linares St Alton, TX 78573

    For Sale
    $379,000

    Four-unit apartment complex, high rental income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional investment opportunity awaits with this four-unit apartment building located at 201 N Linares Street, Alton, TX 78573. This 2016-built property sits on a 7,653.056 sq ft lot and offers a compelling blend of convenience and high rental income potential. The building comprises one structure housing four units: two are spacious 3-bedroom, 2-bathroom apartments, and two are well-appointed 2-bedroom, 2-bathroom units. Each apartment boasts modern kitchens featuring wood cabinets and contemporary appliances, perfect for comfortable living and entertaining. Residents enjoy ample living and dining spaces, generously sized bedrooms, and the benefit of two assigned parking spaces per unit. High-quality construction ensures efficiency and durability. The central location in Alton, Texas provides easy access to multiple nearby cities, enhancing the property's desirability and tenant appeal. This turnkey investment is priced at $379,000 and presents a strong opportunity for immediate cash flow and long-term appreciation in the thriving South Texas real estate market. The property's strong features and prime location make it an ideal addition to any investor's portfolio.

    Property Features for 201 Linares St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2016
    Buildings
    1
    Units
    4

    HighLights

    • $379,000 asking price.
    • Multifamily property, four‑unit apartment building (duplex/triplex/quadruplex).
    • Built in 2016, single building on a 7,653 sq ft lot.
    • Located at 201 N Linares Street, Alton, TX 78573.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2924139
    Latitude
    26.2854236

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment complex, high rental income.
    Where is this multifamily property located?
    The property is located at 201 Linares St Alton, TX.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: $379,000 asking price.; Multifamily property, four-unit apartment building (duplex/triplex/quadruplex).; Built in 2016, single building on a 7,653 sq ft lot.
    Request Owner's contact information
    201 Linares 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
    201 Linares St Alton, TX 78573
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