Property summary
This exceptional investment opportunity presents a fully leased fourplex located at 1009 W Mahala Avenue in Alton, Texas, 78573. Built in 2023, this property boasts two buildings situated on a generous 9,199.87 square foot lot. The four units are comprised of two-bedroom, two-bathroom floor plans, each offering just over 900 square feet of living space. The property is part of the gated Sunset Valley Apartments Subdivision, providing residents with added security and peace of mind. Conveniently located off Trosper Boulevard, this property offers easy access to W Main Avenue and Alton Boulevard, ensuring excellent accessibility for residents and potential tenants. All units are currently leased, providing immediate cash flow for the investor. The asking price for this turnkey investment is $495,000. This represents a rare opportunity to acquire a newly constructed, fully occupied multifamily property in a desirable location. The property's modern construction and prime location make it an attractive investment for both seasoned and new investors seeking strong returns. Don't miss this chance to add a high-performing asset to your portfolio.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight