2813 E Israel Avenue, Alton, TX 78572
- $495,000
- 4,032
- SqFt
- List Price
- $495,000
- Status
- ACTIVE
- MLS#
- 507819
- Year Built
- 2024
- Living Area
- 4,032
- Lot Size
- 11,523
- Acres
- 0.26
- Subdivision
- Sunterra Estates
- MLS Area Major
- Alton
Property Description
Don't miss this fully occupied, income-producing four-plex located in the desirable Sunterra Subdivision. Generating approximately $53,400 in annual gross income with a current Net Operating Income (NOI) of approximately $35,255, this property is offered at an attractive 7.12% cap rate. 3 bedrooms and 2 bathrooms with functional layouts designed to attract and retain quality tenants. All units include appliances, providing added convenience and value. Located in a growing area with easy access to schools, shopping, dining, and everyday amenities, this property benefits from strong rental demand and excellent long-term investment potential. Property Highlights: Fully leased four-plex Four 3-bedroom, 2-bath units Gross Annual Income: $53,400 NOI: Approximately $35,255 Cap Rate: 7.12% Appliances included Strong rental history Prime Sunterra Subdivision location Immediate cash-flow opportunity Start generating income from day one—schedule your showing today!
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Additional Information
- Amenities
- Sidewalks, Street Lights
- Interior Features
- Ceiling Fan(s), Dryer, Walk-In Closet(s), Washer
- Exterior Features
- Other
- Taxes
- $12,745
- HOA Fee
- $500
- HOA Frequency
- Annually
- Appliances
- Electric Water Heater, Smooth Electric Cooktop, Dryer, Refrigerator, Washer
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Stories
- 1
- Foundation
- Slab
- Parking Features
- No Garage
- School District
- Mission ISD
- Elementary School
- Cantu
- Middle School
- Mission Junior High
- High School
- Mission H.S.
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Listing courtesy of Jenny I. Avellaneda with Effective Real Estate