$520,000
SOLD JAN 14, 2025
Last list price

120 W Diamond Ave Alton, TX NULL

-- Bed
-- Bath
4,200 Sq Ft
9,750 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

6 Days on Market

Highlights

  • Walk-In Closet
  • Tile Flooring
  • Ceiling Fan
  • Laundry Room
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of January 2025

Brand New 4Plex. 100% FULLY LEASED. ABOVE 57000$ GROSS INCOME. MONTHLY RENT 4800$. POSITIVE CASH FLOW and LOW Maintenance. PRIME LOCATION. ALL STAINLESS STEEL Kitchen Appliances. FRIDGE, WASHER, DRYER Included in all 4 units. Kitchens have modern custom cabinets with granite countertops. Spacious bedrooms with large closets. 8 Carport Spaces Included. Tenants pay for electricity, internet, cable, etc. The owner pays for trash and home meter water and electricity and landscape. All units have their own private fenced backyard. Great Investment Opportunity and Immediate Cash Flow as all units are leased! There are 5 electrical meters and 1 water meters on the property. Pictures were taken from another lot with the same floor plan.

Last Agent to Sell the Property

Sathish Thandale

Rightkeys Realty Llc Listed on: 12/18/2024

Last Buyer's Agent

Sathish Thandale

Rightkeys Realty Llc Listed on: 12/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 2024

Lot Details

  • 9,750 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Schools

  • Cantu Elementary School
  • Alton-Memorial Junior High
  • Mission High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number L102500000003300

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Buildings
  • 4 Units
  • La Hacienda Subdivision
  • Planned Unit Development

Building Details

  • Insurance Expense $2,400
  • Maintenance Expense $200
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,096

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Directions: From the intersection of Buddy Owens and Conway, travel North on Conway passing Main Ave/Mile 5. Turn left on Diamond Ave property will be on right hand side towards beginning of street.
  • Year Built: 2024
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2238
  • Road Surface Type: Paved
  • Subdivision Name: La Hacienda
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Attic Fans
  • Building Stories: 1
  • GMAR_Escrow: 9000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Disposal, Dryer, Microwave, Oven-Single, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 4200

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Planned Unit Development (PUD), Sidewalks
  • Amenities: Property Owners' Assoc.
  • Association: No

Schools

  • Elementary School: Cantu
  • High School: Mission H.S.
  • Junior High Dist: Mission ISD
  • Middle Or Junior School: Alton-Memorial Junior High

Lot Info

  • Lot Size Sq Ft: 9750.0348
  • Parcel #: L102500000003300
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1096

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 57600
  • Insurance Expense: 2400

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold -- -- --
12/24/2024 12/24/24 Pending -- -- --
12/18/2024 12/18/24 For Sale $520,000 -- $124 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sathish Thandale

    Rightkeys Realty Llc

    (630) 386-5875

    1 in this area

    52 Total Sales

    Sathish Thandale
    Section Image
See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 456945

Greater McAllen Association of REALTORS®
Texas Hidalgo County Alton 78573

120 W Diamond Ave, Alton, TX

This home is located at 120 W Diamond Ave, Alton, TX NULL and is currently priced at $520,000, approximately $123 per square foot. This property was built in 2024. 120 W Diamond Ave is a home located in Hidalgo County with nearby schools including Cantu Elementary School, Alton Memorial Junior High School, and Mission High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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