3115 Diamondhead AVE Active Save Request In-Person Tour Request Virtual Tour
Alton,TX 78573
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,640 sqft
Price per Sqft $103
Subdivision Villa Real Estates
MLS Listing ID 446354
HOA Y/N No
Originating Board Greater McAllen
Year Built 2007
Annual Tax Amount $7,697
Tax Year 2023
Lot Size 9,557 Sqft
Acres 0.2194
Property Description
Solid investment w/proven income potential & room for growth located in a highly desirable area walking distance from Jensen Elementary. 4 - 2 bed 2 bath units ideal to add to an investment portfolio or perfect a first-time investment. 100% occupied, solid long-term tenants who have been in place for 5-8 yrs. Potential Rent increases to $950-$975 per mo. totaling $3,600 - $3,850 per mo. starting Oct 2024 when leases become month-to-month. $42,000+ invested in the property. Improvements include: repaired roof 2023, new paint & repairs for the entire 4-plex 23' & new exterior paint 24'. The AC exterior units have been cleaned 23', and the dryer exhaust roof vents have been cleaned. New exterior lights & cameras, adding value for tenants. New thermostats in Apt B & D, new washers & dryers Apt B & D & fully rehabbed Apt D. Current rents: Apt A $850, Apt B $800, Apt C $850 & Apt D $900. Situated on a street lined w/other 4-plexes, as new as 2015, indicating strong demand & profitability.
Location
State TX
County Hidalgo
Community Curbs,Sidewalks
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s),Other
Heating Central,Electric
Cooling Central Air,Electric
Flooring Tile
Appliance Electric Water Heater,Dryer,Other,Stove/Range,Washer
Laundry Laundry Room
Exterior
Exterior Feature Mature Trees
Carport Spaces 4
Fence None
Community Features Curbs,Sidewalks
Waterfront No
View Y/N No
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Curb & Gutters,Mature Trees,Professional Landscaping,Sidewalks
Faces https://maps.app.goo.gl/QVPEhjNRzS1oSvABA
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Jensen
Middle Schools Sharyland North Junior
High Schools Sharyland Pioneer H.S.
Others
Tax ID E443500000002400
Security Features Smoke Detector(s)