Alton, TX 78573,3115 Diamondhead AVE
Alton, TX 78573,3115 Diamondhead AVE
Alton, TX 78573,3115 Diamondhead AVE
Alton, TX 78573,3115 Diamondhead AVE
Alton, TX 78573,3115 Diamondhead AVE
Alton, TX 78573,3115 Diamondhead AVE
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Listed by eXp Realty LLC
$ 375,000

3,640 SqFt


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$ 375,000
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3,640 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,640 sqft

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 Sub-Type Quadruplex

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

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)

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2713 Cornerstone Blvd, Edinburg, Texas, 78539, USA

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3115 Diamondhead AVE