$495,000

2813 E Israel Avenue, Alton, TX 78572

  • 4,032 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $123/sqft
  • Property List Date Icon Listed 12 days ago

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!

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 2:09AM
Listing Office:
Effective Real Estate : 956-322-8522
Listing Agent:
Jenny I. Avellaneda : 956-250-7556
MLS ID:
507819
  • General: Ceiling Fan(s)DryerWalk-In Closet(s)Washer
  • Appliances: Electric Water HeaterSmooth Electric CooktopDryerRefrigeratorWasher
  • Laundry: Laundry ClosetWasher/Dryer Connection
  • Flooring: Tile
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Eco/Green Feature: Thermostat
  • General: OtherOutbuilding (None)
  • Parking: No GarageParking spaces: 8
  • Roofing: Shingle
  • General: Brick1Slab
  • Road/Access: Paved
  • HOA Amenities: 500.0Annually
  • Originating MLS: Greater McAllen
  • School District: Mission ISD
  • County: Hidalgo
  • Zoning: S706500000001200
  • Fencing: PrivacyWood
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Jenny I. Avellaneda , Effective Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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