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Owner Contacts

$244,000

NAL Estimated Property Value

1022 S Booth Ln, Alvin, TX, 77511

Off Market

2 Beds

2 Bath

1,386 Sq Ft

Single Family Residence

$187.59 / sqft

Built in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Electric

Cooling

AppliancesDisposal, Microwave

FlooringCarpet, Tile

Exterior

Lot Size14,157 sqft

Building Information

Year Built1977

Stories1

Roof Type105

Garage Spaces1

Land Information

APN0449-0036-000

SubdivisionH T & B R R

Land UseResidential

Legal DescriptionA0449 H T & B R R BLOCK F TRACT 3C ACRES 0.325 (ALVIN) (ALVIN)

Census Tract661400

Assessed Land Value$48,080

Assessed Improvement Value$195,920

Assessment Year2025

About this property

Welcome to this versatile property offering a unique blend of investment potential and multi-family living convenience in the heart of Alvin. The main home boasts 2 bedrooms, 1.5 baths, and an attached 1-car garage, w/covered carport. workshop, art studio and while the second home features 1 bedroom, 1.5 baths. Recent upgrades such as a new roof, upgraded HVAC system, new windows, and a modern hot water heater enhance the property's durability and energy efficiency. The back unit is currently occupied with a month-to-month lease, providing immediate rental income for savvy investors. This Alvin gem is more than just a home; it's a smart investment opportunity. Whether you're looking to diversify your portfolio or seeking a multi-family living solution, this property checks all the boxes. Don't miss the chance to own a property with a solid rental history and recent updates. Schedule a showing today to explore the possibilities that await you in this dynamic real estate offering!

Investor Tools

$244,000

Estimated Property Value

$232,454Estimated Mortgage Balance

$11,546Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,560 /month

Positive

Cash Flow Estimate:

$520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$441/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,074

$244,000

2025

$48,080

$195,920

$244,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,074

$244,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Reliable Lending Llc

Fha

$239,580

Yes

First

Sep 4, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$232,454

$11,546

95%

$1,437/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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