901 Maryland St Alton, TX 78573
This exceptional investment opportunity presents a newly constructed four-unit apartment building located at 901 N Maryland Street in Alton, Texas, 78573. Built in 2023, this property sits on a spacious 12,283.92 square foot lot and comprises two buildings. The property is comprised of four units, each boasting three bedrooms and two bathrooms. Three of the four units are currently leased, providing immediate rental income. Each unit is equipped with modern amenities including granite countertops and tile flooring. Residents enjoy the convenience of private backyard areas and two covered parking spaces per unit. The property's strategic location offers easy access to local restaurants, shopping centers, and schools, enhancing its appeal to tenants and maximizing its long-term investment potential. The asking price for this turnkey investment is $530,000. Please note that the interior photos are virtually staged. This property represents a strong addition to any investment portfolio, offering both immediate cash flow and significant future appreciation potential within Alton's thriving real estate market. The property's modern design and desirable features are sure to attract high-quality tenants for years to come.
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.