3114 Diamond Head Ave Alton, TX 78573
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 3114 Diamond Head Ave
- Year built
- 2007
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2829802
- Latitude
- 26.2893461
