1008 W La Pointe Ave Alton, TX 78573
For Sale
1 / 15
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.
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.