$498,000
$21K PRICE DROP

215 W Diamond Ave Alton, TX 78573

Estimated payment $3,429/month

Total Views 4,656
-- Bed
-- Bath
4,100 Sq Ft
$121 Price per Sq Ft

Highlights

  • Mature Trees
  • No HOA
  • Double Pane Windows
  • High Ceiling
  • Covered Patio or Porch
  • Built-In Features

About This Home

EXCELLENT INVESTMENT OPPORTUNITY! 100% FULLY LEASED. ABOVE 57000$ GROSS INCOME. MONTHLY RENT 4800$. POSITIVE CASH FLOW and LOW Maintenance. PRIME LOCATION. This 4-plex offers great amenities with its excellent location right off of N.Conway/Alton Blvd. close to shopping and dining options. Each unit includes stainless-steel appliances, quartz countertops, washer and dryer, and tile flooring throughout the units. The open floor concept showcases the modern kitchen cabinets and the large countertop areas. Kitchen Appliances. FRIDGE, WASHER, DRYER Included in all 4 units. 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. Call your realtor for a showing!

Listing Agent

Mario Baez

Exp Realty Llc Listed on: 02/02/2025

Exp Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 2024

Lot Details

  • 9,962 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Sprinkler System
  • Mature Trees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,100 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Outdoor Features

  • Covered Patio or Porch

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 L102500000004000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • La Hacienda Subdivision
  • Planned Unit Development

Building Details

  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,657

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 end of street.
  • Year Built: 2024
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2287
  • Road Surface Type: Paved
  • Subdivision Name: La Hacienda
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Attic Fans
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4100
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Mature Trees, Sprinkler System
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Microwave, Walk-In Closet(s)
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Covered Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front, Detached
  • 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: Curbs, Planned Unit Development (PUD), Sidewalks, Street Lights
  • 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: 9962.172
  • Parcel #: L102500000004000

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8657

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 56400

Map

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
05/28/2025 05/28/25 Price Changed $498,000 -3.7% $121 / Sq Ft
05/19/2025 05/19/25 Price Changed $517,000 -0.4% $126 / Sq Ft
03/03/2025 03/03/25 Price Changed $518,900 0.0% $127 / Sq Ft
02/02/2025 02/02/25 For Sale $519,000 -- $127 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 460451

Greater McAllen Association of REALTORS®