1012 W La Pointe Ave Alton, TX 78573
For Sale
1 / 15
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 1012 W La Pointe Avenue in Alton, Texas, 78573. Constructed in 2022, this property boasts a substantial 10,934.86 square foot lot and features four individual units, each designed with modern amenities and finishes. Each unit includes three bedrooms and two bathrooms, offering comfortable living spaces for tenants. The contemporary interiors feature open floor plans, beautiful tile flooring, granite countertops, custom kitchen cabinets, modern lighting, and ceiling fans in the living areas and bedrooms. Stainless steel kitchen appliances, including a refrigerator, stove, and stackable washer and dryer, are included in each unit. Additional features include mini blinds, attractive vanities, and a carport providing parking for two vehicles per unit. A fenced backyard enhances privacy and security. The property is part of a community with a monthly HOA fee covering the gated entrance and front landscaping. This turnkey investment is ideally situated in the Alton/Mission area, offering a strong potential for rental income and appreciation. The asking price for this exceptional property is $515,000.
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.