#449922, Pedro Ayala, Listing Office: Tierra Frontera LLC
$4,453
closing credit¹
3115 Diamondhead Ave Alton, TX 78573
Property details
About 3115 Diamondhead Ave
Solid investment w/proven income potential & room for growth located in a highly desirable area walking distance from Jensen Elementary. 4 - 2 bed 2 bath units ideal to add to an investment portfolio or perfect a first-time investment. 100% occupied, solid long-term tenants who have been in place for 5-8 yrs. Potential Rent increases to $950-$975 per mo. totaling $3,600 - $3,850 per mo. starting Oct 2024 when leases become month-to-month. $42,000+ invested in the property. Improvements include: repaired roof 2023, new paint & repairs for the entire 4-plex 23' & new exterior paint 24'. The AC exterior units have been cleaned 23', and the dryer exhaust roof vents have been cleaned. New exterior lights & cameras, adding value for tenants. New thermostats in Apt B & D, new washers & dryers Apt B & D & fully rehabbed Apt D. Current rents: Apt A $850, Apt B $800, Apt C $850 & Apt D $900. Situated on a street lined w/other 4-plexes, as new as 2015, indicating strong demand & profitability.
Highlights
Summary
- MLS Number: 446354
- MLS Name: McAllenTX
- Office Name: eXp Realty LLC
- Office Phone: (888) 519-7431
- Listing Agent: Nacole Ricks
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/31/2025, 11:45:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$375,000
3115 Diamondhead Ave
$4,453
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Jessie L Jensen Elementary School
Public District PK-6
0.2 mi
•510 N Glasscock Blvd
7
Olivero Garza Sr Elementary School
Public District PK-6
1.1 mi
•7905 N Taylor Rd
6
Alton Elementary School
Public District PK-5
1.7 mi
•205 N Chicago St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,419. Most Alton, TX residents have annual incomes less than $<35k. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 3115 Diamondhead Ave in Alton, TX and zip code 78573. This 3,640 square foot home, which was built in 2007, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 2, 2024 and is currently priced at $375,000.