1008 Ln Pointe Ave Alton, TX 78573
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1008 Ln Pointe Ave
- Year built
- 2022
- Property type
- Small apartment buildings
Description
This exceptional 2022-built, four-unit apartment building is situated on a spacious 10,934.867 sq ft lot in Alton, Texas, zip code 78573. The property boasts a desirable location in the Alton/Mission area and currently generates a substantial monthly rental income of $4,600. Each of the four units features three bedrooms, two bathrooms, and a carport accommodating two vehicles. Modern amenities include beautiful open-space interior design, contemporary tile flooring, granite countertops, modern lighting, custom kitchen cabinets, ceiling fans in the living areas and bedrooms, mini blinds, and elegant vanities. Stainless steel kitchen appliances – refrigerator, stove, stackable washer, and dryer – are included in each unit. A fenced backyard provides added privacy and security. A monthly HOA fee covers the maintenance of the gated entrance. The asking price for this turnkey investment opportunity is $515,000. This property presents a compelling investment opportunity due to its strong rental income, modern features, and desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3231561
- Latitude
- 26.2962978
