3115 Diamondhead Avenue

Alton, TX 78573

$375,000
Price
Beds
3,640 Sq. Ft.
$103 / Sq. Ft.
3,640
Sq. Ft.
$103
per Sq. Ft.

Description

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...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 $800, Apt B $750, Apt C $850 & Apt D $900. Situated on a street lined w/other 4-plexes, as new as 2015, indicating strong demand & profitability.
  1. Listed by Nacole Ricks • TREC #801068434 • Exp Realty Llc

Property Details for 3115 Diamondhead Avenue

Community Features
Curbs, Sidewalks
Subdivision Name
Villa Real Estates
LISTING UPDATED: 08/27/2024 01:19 PM

Property Details for 3115 Diamondhead Avenue

StatusActive
MLS #446354
Days on Market82
Taxes$7,697 / year
HOA Fees-
Condo/Co-op Fees$3,480 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2007
Lot Size0.22 AC / 9,557 SF
CountyHidalgo County

Building Information for 3115 Diamondhead Avenue

Stories-Residences4Year Built2007Building Size-Lot Size0.22 AC / 9,557 SF

Property Information for 3115 Diamondhead Avenue

Summary
Location and General Information
Parking
  • Carport Spaces: 4.0
  • Carport YN: Yes
  • Covered Spaces: 4.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Attached, Garage Faces Rear
  • Parking Total: 4.0
School Information
  • Elementary School: Jensen
  • Elementary School District: Sharyland ISD
  • High School: Sharyland Pioneer H.S.
  • High School District: Sharyland ISD
  • Middle Or Junior School: Sharyland North Junior
  • Middle Or Junior School District: Sharyland ISD
Taxes and HOA
  • Association: No
  • Parcel Number: E443500000002400
  • Tax Annual Amount: $7,697
  • Tax Legal Description: EL MILAGRO ESTATES LOT 24
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 3640.0
  • Building Area Units: Square Feet
  • Living Area: 3640.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters, Mature Trees, Professional Landscaping, Sidewalks
  • Lot Size Acres: 0.2194
  • Lot Size Area: 9557.9352
  • Lot Size Dimensions: 78X122.54
  • Lot Size Square Feet: 9557.9352
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2007
  • Year Built Source: HCAD
  • Escrow: $4,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 4
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Attic Fans
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Other, Stove/Range, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Other
  • Laundry Features: Laundry Room
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $2,750.00
  • Insurance Expense: $2,000.00
  • Maintenance Expense: $3,480.00
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 3115 Diamondhead Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3115 Diamondhead Avenue

This home is within Sharyland Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jessie L Jensen Elementary School
PublicPK to 6

Sharyland North J High School
Public7 to 8

Sharyland Pioneer High School
Public9 to 12

Sharyland Advanced Academic Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3115 Diamondhead Avenue is a multi-family home for sale in Alton, TX 78573. This property was listed for sale on August 27, 2024 by Exp Realty Llc, it's currently listed at $375,000. It has been on the market for a total of 82 days and was last sold on August 24, 2023. This listing's school district is Sharyland Independent School District. Nearby schools include Jessie L Jensen Elementary School, Sharyland North J High School and Sharyland Pioneer High School. 3115 Diamondhead Avenue is a 0-bed, 0-bath, 3,640 sqft multi-family home built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exp Realty Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.