$459,000
1018 S Booth Ln, Alvin, TX, 77511
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Microwave, Free-Standing Range, Dryer, Refrigerator, Washer, Oven
FlooringTile
Exterior
Lot Size16,117 sqft
Building Information
Year Built2008
Stories2
Roof Type105
Land Information
APN0449-0030-001
SubdivisionH T & B R R
Land UseResidential
Legal DescriptionA0449 H T & B R R BLOCK F TRACT 3E ACRES 0.37 (ALVIN) (ALVIN)
Census Tract661400
Assessed Land Value$57,410
Assessed Improvement Value$161,760
Assessment Year2025
About this property
Fantastic opportunity with a well-maintained two unit property in Alvin Historic District. Each unit has 2 bedrooms, 1 bath, and a spacious living area with custom cabinets, granite countertops, and ceramic tile flooring. Washer and Dryers included in each unit. Private storage available for each unit. The property also boasts a huge backyard with potential to build a second unit. Fully leased and perfect for investors looking for a great deal. This duplex is completely rented so just a drive by viewing is possible. Do not disturb tenants.
Investor Tools
$0Estimated Mortgage Balance
$296,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,888
$219,170
2025
$57,410
$161,760
$219,170
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,888
$219,170
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$253,000
100%
0%
$0/mo
