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    825 Missouri St Alton, TX 78573

    For Sale
    $498,500

    Four-unit apartment building, excellent ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2021-built multifamily property, located at 825 S Missouri Street in Alton, Texas, presents a compelling investment opportunity. The property consists of two buildings, each housing two units, totaling four units. All units boast three bedrooms and two bathrooms, featuring desirable amenities such as walk-in closets and kitchen islands. The spacious units also include large patios, offering significant living space. The property sits on a substantial 12,489.95 square foot lot, providing ample space and potential for future development. The property's location in Alton, near major retailers like HEB, Walmart, and Walgreens, ensures high occupancy rates and convenient access to amenities. Significant cost savings are realized through the absence of HOA fees, and the owner covers water and trash services. Each unit has its own electric meter, and all units are equipped with stoves and refrigerators

    Property Features for 825 Missouri St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2021
    Buildings
    2
    Units
    4

    HighLights

    • Exceptional 2021‑built four‑unit multifamily property in Alton, TX.
    • Each unit features three bedrooms and two bathrooms with walk‑in closets and kitchen islands.
    • Spacious units include large patios and are situated on a 12,489.95 sq ft lot.
    • Prime location near HEB, Walmart, and Walgreens, ensuring high occupancy.
    • No HOA fees; owner pays water and trash; individual electric meters; units include stoves and refrigerators.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3300409
    Latitude
    26.2808232

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent ROI.
    Where is this multifamily property located?
    The property is located at 825 Missouri St Alton, TX.
    What is the asking price?
    The asking price for this property is $498,500.
    What are key features of this property?
    This property features: Exceptional 2021-built four-unit multifamily property in Alton, TX.; Each unit features three bedrooms and two bathrooms with walk-in closets and kitchen islands.; Spacious units include large patios and are situated on a 12,489.95 sq ft lot.
    Request Owner's contact information
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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
    825 Missouri St Alton, TX 78573
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