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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1004 W Mahala Avenue in Alton, TX is listed for $475,000 ($278 per sqft). Built in 2022, the home offers 1,708 sqft of living space on a 0.21 acres lot.

Agent Description

Exceptional investment opportunity in the growing community of Alton, TX! This beautifully maintained fourplex is located within a gated community and offers immediate income potential with all four units currently leased. Each unit features durable tile flooring throughout, elegant quartz countertops, and includes all appliances, making them highly desirable for tenants and easy to maintain for owners.

Pride of ownership is evident throughout this well-kept property. Situated in one of the Rio Grande Valley's rapidly expanding areas, this income-producing property combines strong rental demand, modern finishes, and a convenient location, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor or looking to expand your real estate holdings, this turnkey fourplex offers the opportunity to generate rental income from day one.

Key Features

  • Built in 2022
  • 0.21 acre lot
  • 8 parking spaces

Property Details

1 story
8 spaces
2022

Amenities

A/C

Monthly Cost Estimate

$2,990/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139
HOA$450

Estimates only. Actual payments may vary.

Location

1004 W Mahala Avenue

Alton, TX 78573

Sunset Valley Apartments Ph. 2

Property Details

Construction

Brick

Pool Features

Patio

Heating

Central

Cooling

Central Air

Appliances

Electric Water HeaterWater Heater (Laundry Room)Electric CooktopDryer

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1004 W Mahala Avenue is listed at $475,000 ($278/sqft). The estimated monthly payment is $2,508 based on 20% down at 6.5% interest.

HOA fees are $450/month.

Key features include: Built in 2022, 0.21 acre lot, 8 parking spaces.

This property is listed by Maggie Harris and can be reached at 9568219990 or maggie@maggieharristeam.com.

MH

Maggie Harris

Agent at Keller Williams Realty RGV

(956) 821-9990

Listed by Keller Williams Realty RGV · View on Broker Site

MLS# 505821· Source: listhub· Updated today

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1004 W Mahala Avenue, Alton, TX 78573

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