$4,453

closing credit¹

3115 Diamondhead Ave Alton, TX 78573

$375,000
3,640 sqft
0.2 acres
$103 / sqft
Multi-Family

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

Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size3,640 sqft
Lot size0.2194 Acres
Year built2007
ParkingAttached, Garage Faces Rear
MLS #446354

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.

All data from GreatSchools

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.

How much money do the neighbors make?

49%
<35k
41%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

14%
Single, No Kids
23%
Single, with Kids
16%
Married, No Kids
47%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
13%
12-17 yrs old
28%
18-34 yrs old
30%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • MotocrossMotocross
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • JeepJeep
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • CountryCountry
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

More resources

Housing market reports in Hidalgo County