FOUR PLEX For Sale | Alton Village | Alton Texas

1410 South Michigan Street Alton, TX 78573

1410 South Michigan Street, Alton, TX, 78573
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$475,000
Last Verified:
Mar 02, 2026

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Highlights

  • New construction fourplex built in 2024
  • Total building size of ±4,010 SF on a ±0.22-acre lot
  • Desirable unit mix: (2) 3 Bed / 2 Bath units and (2) 2 Bed / 2 Bath units
  • Spacious floor plans ideal for families and long-term renters
  • Located within the growing Alton Village subdivision
  • Minimal deferred maintenance with modern construction standards
  • Strong rental demand driven by rapid residential growth in Alton
  • Convenient access to FM 676, FM 494, and US Highway 83
  • Proximity to McAllen, Mission, and major employment centers
  • Attractive opportunity for both first-time and experienced multifamily investors
  • Positioned for stable cash flow, rent growth, and long-term appreciation

Description

SVN | Hanna Solutions Commercial Real Estate is pleased to offer for sale a new-construction fourplex located at 1410 S. Michigan Street within the Alton Village subdivision in Alton, Texas. Built in 2024, the property features a highly desirable unit mix consisting of two (2) 3-bedroom / 2-bath units and two (2) 2-bedroom / 2-bath units, totaling approximately 4,010 square feet of rentable space on a ±0.22-acre lot.

The property is designed to meet strong local rental demand, offering spacious layouts that appeal to families and long-term workforce tenants. As a new-construction asset, the fourplex provides investors with minimal deferred maintenance, modern construction standards, and efficient operations, making it an attractive option for both first-time and experienced multifamily investors.

Located in one of the fastest-growing residential markets in western Hidalgo County, Alton Village benefits from continued population growth, new housing development, and convenient access to FM 676, FM 494, and US Highway 83, connecting residents to McAllen, Mission, and surrounding employment and retail centers.

This offering represents an excellent opportunity to acquire a turn-key multifamily investment positioned for stable cash flow, long-term appreciation, and rent growth in a high-growth South Texas market.

1410 S. Michigan Street is located within Alton Village, a growing residential subdivision in Alton, Texas, one of the fastest-developing communities in western Hidalgo County. Alton Village is characterized by newer construction, family-oriented housing, and strong rental demand supported by continued population growth and limited availability of quality multifamily product.


Year Built: 2024
Building Size: 4010sq ft
Lot Size: 0.22 acres


Documents

(OM) 1410 S. Michigan Street, Alton, TX 78573 .pdf

Map of 1410 South Michigan Street, Alton, TX, 78573

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.