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$317,000

NAL Estimated Property Value

1015 Luke Dr, Alvin, TX, 77511

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,066 Sq Ft
price_per_sqft$142.79 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Trash Compactor, Microwave, Free-Standing Range, Gas Range, Dishwasher

Exterior

Lot Size10,746 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4143-2008-012
Lot Number12
SubdivisionForest Heights Sec 2
Land UseResidential
Legal DescriptionFOREST HEIGHTS SEC 2 (A0420 HOOPER & WADE) BLK 8 LOT 12
Census Tract661000
Assessed Land Value$54,060
Assessed Improvement Value$250,360
Assessment Year2025

About this property

Spacious and updated 4-bedroom, 2-bathroom home located in the Forest Heights subdivision on an oversized lot. The home features an open concept floor plan, abundance of updates and architectural details throughout, including trey ceilings, crown molding, high ceilings, and a gas fireplace. Upon entering the home, you are greeted by a formal dining room that opens to the kitchen. The updated kitchen features stainless steel appliances and plenty of counter and cabinet space. The large living area features a gas fireplace and is the perfect place to relax and entertain guests. The primary bedroom is large and has its own private bathroom with a soaking tub, separate shower, and dual sinks. The three other bedrooms are also spacious and share a full bathroom. The backyard is large and private, with a covered patio and plenty of space for outdoor activities. *Make sure to look at the feature/update sheet that is attached.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$262,258Estimated Mortgage Balance
$54,742Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
$213/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,875
$304,420
2025
$54,060
$250,360
$304,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,875
$304,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$274,725
Yes
First
Nov 20, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,258
$51,742
16%
83%
$1,648/mo

City: Alvin

1015 Luke Dr | Property Details | No Agent List