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$389,000

$399,000

1439 Barras Street, Alvin, TX, 77511

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths2,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.01 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size7,701 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4143-3003-015
Lot Number15
SubdivisionForest Heights Sec 3
Land UseResidential
Legal DescriptionFOREST HEIGHTS SEC 3 (A0420 HOOPER & WADE) BLK 3 LOT 15
Census Tract661000
Assessed Land Value$40,940
Assessed Improvement Value$320,070
Assessment Year2025

About this property

Welcome home to this stunning K. Hovnanian two-story masterpiece in Alvin's desirable Forest Heights! Boasting 2,860 sq. ft. of impeccably designed living space, this 4-bedroom, 3.5-bath residence greets you with soaring high ceilings and an abundance of natural light. The chef’s heart of the home features rich maple cabinetry and pristine granite countertops, flowing effortlessly into the expansive open-concept living area—an entertainer's dream. Enjoy the luxury of a private downstairs primary retreat, complete with a spa-like en-suite bath and a massive walk-in closet. A formal dining room sits just off the foyer, providing seamless kitchen access. Upstairs, a sweeping staircase unveils a giant gameroom and three generously sized secondary bedrooms. Incredible layout, exceptional curb appeal, and room for everyone!

Investor Tools

Property Icon
$391,000
Estimated Property Value
$0Estimated Mortgage Balance
$137,829Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month

Interested in this property?

Curtis McWilliams

Central Metro Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,202
$361,010
2025
$40,940
$320,070
$361,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,202
$361,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International City Mortgage Inc
Fha
$235,653
Yes
First
Jun 2, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,171
$137,829
35%
65%
$1,871/mo

Learn About the Market: Opportunity in Texas

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Explore

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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1439 Barras Street | Property Details | No Agent List