About This Home

This 0-bedroom, 0-bathroom multi-family at 1004 W Mahala Avenue in Alton, TX is listed for $475,000 ($139 per sqft). Built in 2022, the home offers 3,416 sqft of living space on a 0.21 acres lot.

Key Features

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

Property Details

1 story
8 spaces
2022

Amenities

A/C
Listing 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.

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

Outdoor Features

Patio

Heating

Central

Cooling

Central Air

Appliances

Electric Water HeaterWater Heater (Laundry Room)Electric CooktopDryer

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1004 W Mahala Avenue is listed at $475,000 ($139/sqft). The estimated monthly payment is $2,991 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

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.

MH

Maggie Harris

Agent at RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV

Listed by RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV · Broker phone: (956) 566-8377 · View on Broker Site

MLS# 505821· Source: Greater McAllen Association of Realtors· 11 days on PropertySimple

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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