Three-Bedroom Residential Income
For Sale
$162,000
920 13th Street # 3, Alamo, TX 78589
Open-concept living areas connect the kitchen, dining space, and living room, with appliances included.
Property Size1,140 SF
Price / SF$147.27
Days on Market58
Property Features for 920 13th Street # 3
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Building Size
1,140 SF
Year Built
2026
Listing Agency:
SANETI Realty Group
Listed By:
Mayra Millan · License #801071076
(956) 212-7762
Source:
Primeluxuryrealestate
Added: Aug 30
Changed: Oct 10
Last Checked: Oct 24 at 10:34PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property is a condo with three bedrooms, two bathrooms, and approximately 1,100 square feet of interior space. The floor plan brings the kitchen, dining area, and living room together in one connected central living area. Appliances are included, and the property was built in 2026.
The condo is located at 920 13th Street # 3 in Alamo, Texas, with access to the Expressway in less than two minutes. Shopping, dining, and schools are identified as part of the surrounding access profile.
The condo is located at 920 13th Street # 3 in Alamo, Texas, with access to the Expressway in less than two minutes. Shopping, dining, and schools are identified as part of the surrounding access profile.
Key Highlights
- Three‑bedroom, two‑bath condo
- Approximately 1,100 sq. ft. of interior space
- Open layout linking kitchen, dining, and living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,857
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,140
$177.1K
Cap Rate 7%
$126,529
$126.5K
Cap Rate 9%
$98,411
$98.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$18.2K $16.56/SF
− Vacancy
−$2.1K −$1.92/SF
EGI
$16.1K $14.64/SF
− OpEx
−$7.2K −$6.59/SF
NOI
$8.9K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,140
Cap Rate 7%
$126,529
Cap Rate 9%
$98,411
Alternative Uses
Best Use
Apartment 5plus
$126.5K
$110.7K – $147.6K
NOI $8,857 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$828.5K
$725.0K – $966.6K
NOI $57,998 @ 7.0% cap · market cap 35.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept living areas connect the kitchen, dining space, and living room, with appliances included.
Where is this residential income property located?
The property is located at 920 13th Street # 3 Alamo, TX.
What is the asking price?
The asking price for this property is $162,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bath condo; Approximately 1,100 sq. ft. of interior space; Open layout linking kitchen, dining, and living areas
