Estimated payment $8,280/month
Highlights
- 7.44 Acre Lot
- No HOA
- Tile Flooring
- Mature Trees
- Laundry closet
- Central Heating and Cooling System
About This Home
Remarkable property located off Mile 5 Rd and Stewart Blvd in Alton. Situated on a sprawling 7.44-acre tract, this great property comprises three buildings currently all leased, generating a steady rental income. The abundance of vacant land presents a unique opportunity to construct additional rental units, increasing your rental income potential. This property includes two 4-plex buildings and one duplex. Each unit offers 2 bedrooms and 1 bathroom. Don’t miss out on this fantastic investment opportunity and explore the possibilities this property has to offer!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,703
Year Built
- Built in 2002
Lot Details
- 7.44 Acre Lot
- Irregular Lot
- Mature Trees
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Siding
Interior Spaces
- 9,726 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Fire and Smoke Detector
- Laundry closet
Eco-Friendly Details
- Energy-Efficient Thermostat
Schools
- Jensen Elementary School
- Sharyland North Junior Middle School
- Sharyland Pioneer High School
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Assessor Parcel Number W010000041001225
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- West Addn To Sharyland Subdivision
Building Details
- Gross Income $93,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,327 | $806,129 | $118,446 | $687,683 |
| 2024 | $14,327 | $585,204 | $118,320 | $466,884 |
| 2023 | $13,081 | $535,243 | $62,946 | $472,297 |
| 2022 | $10,850 | $442,265 | $0 | $0 |
| 2021 | $8,853 | $562,725 | $280,000 | $282,725 |
| 2020 | $9,017 | $556,236 | $280,000 | $276,236 |
| 2019 | $8,181 | $512,027 | $280,000 | $232,027 |
| 2018 | $8,678 | $480,448 | $216,000 | $264,448 |
| 2017 | $8,752 | $480,448 | $216,000 | $264,448 |
| 2016 | $8,493 | $470,802 | $216,000 | $254,802 |
| 2015 | $8,538 | $475,702 | $216,000 | $259,702 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2024 06/23/24 | For Sale | $1,225,000 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $38,500 | Seller Take Back |
Source: Greater McAllen Association of REALTORS®
MLS Number: 442218
APN: W0100-00-041-0012-25
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Ask me questions while you tour the home.