Last 24 Hours
$649,900
1500 Algoa Rd, Alvin, TX, 77511
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size3.19 acres
Building Information
Year Built2008
Stories1
Land Information
APN0621-0003-0002-000
Subdivision- I & Gn Rr Sur 29
Land UseResidential
Legal DescriptionABST 621 I & GN RR SUR SEC 29 TR 3-2 3.190 ACRS AKA TR 2 THRU 4
Census Tract723503
Assessed Land Value$176,480
Assessed Improvement Value$33,080
Assessment Year2025
About this property
This is a beautiful piece of land that is ready for your dream home. There are several areas that would make an ideal spot for your new home. Enjoy fishing in a stocked pond, and there are also deer that frequently visit. There is a shop that has a bathroom, new electrical wiring, electrical panel, and light fixtures. This would make a great pool house, or Man Cave once you build your house. The property has a very deep well of 500+ feet, with great pressure and taste. An onsite sewer was installed in 2024 and is expandable. A service 200 AMP was installed in 2023 with large panel to feed the existing building and a residential home. Please schedule your appointment today. Use 1500 CR 423 for GPS directions.
Investor Tools
$0Estimated Mortgage Balance
$527,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,678
$209,560
2025
$176,480
$33,080
$209,560
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,678
$209,560
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$527,000
100%
0%
$0/mo
12.4%