2704 Israel Ave Alton, TX 78573
This exceptional investment opportunity presents a brand-new, four-unit apartment building located in the desirable Sunterra Estates community of Alton, Texas. Completed in 2024, this property boasts two buildings situated on a generous 11,325.6 square foot lot. Each of the four units offers a spacious layout, featuring three bedrooms and two bathrooms. High-quality finishes are evident throughout, including quartz countertops, oversized showers, and attractive tile flooring. All units come complete with a full suite of appliances, adding significant value and convenience for tenants. The property's strategic location provides easy access to a variety of shopping centers, schools, and other essential amenities, ensuring high occupancy rates and strong rental income potential. This is a turnkey investment perfect for an individual or portfolio investor seeking immediate returns in a thriving Texas market. The asking price is $525,000, representing a compelling entry point into the Alton multifamily market. The property's modern design and desirable features position it for long-term appreciation and consistent cash flow. This is a rare opportunity to acquire a newly constructed, high-quality multifamily property in a rapidly growing area. Don't miss out on this chance to secure a profitable addition to your investment portfolio.
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.