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Owner Contacts

$258,000

NAL Estimated Property Value

1109 Lasso Court, Alvin, TX, 77511

Off Market

3 Beds

3 Bath

1,465 Sq Ft

Single Family Residence

$129.62 / sqft

Built in 2006

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Electric

Cooling

AppliancesDishwasher, Disposal, Microwave, Gas Range, Convection Oven, Gas Oven, ENERGY STAR Qualified Appliances, Free-Standing Range

FlooringCarpet, Laminate

Exterior

Lot Size5,750 sqft

Building Information

Year Built2006

Stories2

Roof Type105

Garage Spaces2

Land Information

APN6726-1002-008

Lot Number8

SubdivisionMustang Crossing Sec 1

Land UseResidential

Legal DescriptionMUSTANG CROSSING SEC 1 (A0488 H & W) (ALVIN) BLK 2 LOT 8

Census Tract661400

Assessed Land Value$56,930

Assessed Improvement Value$148,350

Assessment Year2025

About this property

Beautiful 2 Story Home in Alvin that's Move in Ready! Home has New Exterior & Interior Paint throughout. New Carpet in All the Bedrooms. New Modern Laminate Plank Flooring installed 2019. Kitchen was Remodeled in 2019. New Energy Star Appliances added 2017. Updated Bathrooms with New Toilets, Faucets & Light Sconces plus Master includes a New Shower Door installed 2020. New Hot Water Heater installed 2020. New Window Blinds added April 2020. New Rain Gutters added 2018. So many recent Updates! Master Bedroom is located Upstairs complete with a Large Master Bath & Walk-In Closet. 2 Secondary Bedrooms & Secondary Full Bath also Upstairs. Convenient Half Bath Downstairs for Guest. Home also features an Extended Covered Back Patio with New Lighting & Ceiling Fans. Easy Care Landscaping. Mustang Crossing is a Well-Maintained Residential Community that shows Pride of Ownership with an active HOA & Low HOA dues. Nearby Shopping, Dining, Schools & Alvin Community College.

Investor Tools

$258,000

Estimated Property Value

$162,544Estimated Mortgage Balance

$95,456Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,548 /month

Positive

Cash Flow Estimate:

$516 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$575/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,612

$205,280

2025

$56,930

$148,350

$205,280

Tax History

Year

Tax Paid

Assessed Value

2024

$5,612

$205,280

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Affinity Mortgage Llc

Conventional

$183,330

First

Jul 6, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$162,544

$95,456

36%

63%

$1,100/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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