2713 Israel Ave Mission, TX 78572
This exceptional investment opportunity presents a brand-new, fully leased fourplex located at 2713 E Israel Avenue in Alton, Texas, within the desirable Sunterra subdivision. Built in 2023, this property boasts a total of 4,319 square feet situated on an 11,326 square foot lot. The complex comprises two buildings, each housing two units. All four units are identical, offering spacious three-bedroom, two-bathroom layouts, perfect for families. The modern design includes stainless steel appliances, enhancing the appeal to tenants. The property's prime location provides convenient access to schools, shopping, and recreational facilities, ensuring high occupancy rates and strong rental income. This turnkey investment is ideal for those seeking a stable and profitable addition to their real estate portfolio. The asking price for this fully leased, high-quality property is $535,000. This represents a compelling opportunity in the thriving Texas market. The property's new construction and consistent unit design minimize maintenance and management complexities, maximizing return on investment. The location in the Sunterra subdivision offers a blend of suburban tranquility and urban convenience, attracting a desirable tenant pool. Don't miss this chance to acquire a superior multifamily property with excellent potential for long-term growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.