1217 Michigan St Alton, TX 78573
- Land
Current Use by Public Records
- Land
Property Details for 1217 Michigan St
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 8,140.057 square foot lot, located at 1217 S Michigan Street in Alton, Texas (zip code 78573), presents a unique opportunity for investors and developers. The property is part of a new fourplex subdivision on Mile 4 and Conway, encompassing a total of 32 lots. This is a prime location for building a fourplex, given its proximity to numerous amenities and conveniences. Alton Village boasts an excellent location near highly-rated schools, making it an attractive area for families. Residents will also enjoy easy access to a wide variety of popular restaurants, including Whataburger, Chick-fil-A, McDonald's, and Starbucks. For everyday needs, Walmart and H-E-B grocery stores are conveniently located nearby, along with several fitness centers. The asking price for this exceptional lot is $105,000. This represents a compelling investment opportunity in a thriving Texas community. Don't miss the chance to secure your piece of this exciting new development. The property is zoned for multifamily residential use, specifically duplex/triplex/quadruplex construction. This is a turnkey opportunity to capitalize on the growing demand for rental properties in this desirable area. Act quickly, as lots in this subdivision are selling fast.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3275
- Latitude
- 26.2804
