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$600,930

NAL Estimated Property Value

1312 W Adoue St, Alvin, TX, 77511

$645,887 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths6,592 Sq Ft
price_per_sqft$125.15 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesRange, Dishwasher, Refrigerator
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size12,502 sqft

Building Information

Year Built1978

Land Information

APN3690-0140-000
Lot Number8,9
SubdivisionEaston
Land UseResidential
Legal DescriptionEASTON (ALVIN), BLOCK 21, LOT 8-9
Census Tract661300
Assessed Land Value$34,130
Assessed Improvement Value$566,800
Assessment Year2025

About this property

Partners is pleased to present a fully ccupied 8-unit apartment complex at 1312 W Adoue St in Alvin, TX, renovated in 2024. Strategically located in the heart of Alvin, this property is within a mile of Alvin High School and minutes from Highway 6 and Highway 35, providing seamless access to Houston and Galveston. Alvin is a rapidly growing suburb with nearly 50,000 people and an average household income of about $87,000 within a 5 mile radius. Alvin is also near major employers in the petrochemical and agricultural industries which provide the area with a strong tenant base. This complex underwent extensive renovations in the past year including new roofing, new windows, pex plumbing, new boiler, and a complete interior renovation. The stunning renovations ensure high occupancy in these attractive units, with further potential upside available by implementing a RUBS system.

Investor Tools

Property Icon
$600,930
Estimated Property Value
$0Estimated Mortgage Balance
$600,930Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$645,886
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,729/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,745
$600,930
2025
$34,130
$566,800
$600,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,745
$600,930

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$600,930
100%
0%
$0/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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Alvin

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