1105 Ln Pointe Ave Alton, TX 78573
This exceptional investment opportunity presents a fully leased four-unit apartment building located at 1105 W La Pointe Avenue in Alton, Texas, 78573. Built in 2021, this property sits on a spacious 11,491.128 square foot lot and comprises two buildings. The property features four individual units, each offering three bedrooms and two bathrooms. Modern amenities include granite countertops and tile flooring throughout. Each unit also boasts a private backyard area and two covered parking spaces. The property's prime location offers convenient access to local restaurants, shopping centers, and schools, ensuring high occupancy rates and strong rental demand. The asking price for this turnkey investment is $505,000. Note that interior photos are virtually staged. This property represents a rare chance to acquire a high-performing multifamily asset in a thriving Texas market, offering immediate rental income and significant long-term appreciation potential. The property is currently fully leased, providing a stable and immediate return on investment. This is an exceptional opportunity for investors seeking a low-maintenance, high-yield property in a desirable location. The property's modern design and desirable amenities are sure to attract and retain high-quality tenants.
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.