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$306,000

NAL Estimated Property Value

1481 Barras St, Alvin, TX, 77511

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,015 Sq Ft
price_per_sqft$143.87 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size8,250 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4143-6003-009
Lot Number9
SubdivisionForest Heights Sec 6
Land UseResidential
Legal DescriptionFOREST HEIGHTS SEC 6 (A0420 HOOPER & WADE) BLK 3 LOT 9 (AMEND)
Census Tract661000
Assessed Land Value$43,440
Assessed Improvement Value$257,660
Assessment Year2025

About this property

Sabine by Castlerock. This is a great 1-story floor plan that includes a centrally located kitchen with lots of cabinets and counters... must see to believe! Large dining room adjacent to kitchen and family room. 2 bedrooms in a wing of their own and primary bedroom located in the back for utmost privacy. There is a large area inside back door to use as a flex space... think mudroom, storage, office, crafts, toy room or additional living area. Easy access to Hwy 6 and 35. Retail shopping is nearby. New school will soon be ready for the neighborhood. Alvin Texas, home of Nolan Ryan!

Investor Tools

Property Icon
$306,000
Estimated Property Value
$276,283Estimated Mortgage Balance
$29,717Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,316
$301,100
2025
$43,440
$257,660
$301,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,316
$301,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amoco Fcu
Conventional
$289,900
No
First
Oct 17, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,283
$30,717
10%
90%
$1,739/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.

Explore Texas Explore This Area
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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1481 Barras St | Property Details | No Agent List