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Property profile & analytics
OFF-MARKET
Small apartment buildings

3114 Diamond Head Ave Alton, TX 78573

Built 2007
Property ID
US82-0891453
Property summary
AI-generated overview

This exceptional multifamily investment property, located at 3114 Diamond Head Avenue in Alton, Texas, presents a compelling opportunity for discerning investors. Built in 2007, this well-maintained property comprises two buildings housing a total of four units, situated on a spacious 9,560.98 square foot lot. The property boasts attractive features including granite countertops and decorative high ceilings, enhancing the appeal to tenants. Recent updates have been made to some HVAC units and appliances, ensuring efficient operation and minimizing maintenance concerns. Each unit is conveniently furnished with a washer, dryer, stove, and refrigerator, adding to the property's desirability. Currently fully rented, this property offers a strong and consistent rental income stream, reflecting high demand in the area. The property is served by the highly-regarded Sharyland school district, a significant advantage for potential tenants. The asking price is $366,900, representing a solid investment in a thriving Texas market. This turnkey opportunity provides immediate cash flow and significant potential for future appreciation. The property's excellent condition and desirable features make it an ideal addition to any investment portfolio. Financial details are available upon request.

Property profile
Verified
Property type Small apartment buildings
Year built 2007
UPID US82-0891453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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