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$264,000

1511 Highland Dr, Alvin, TX, 77511

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.46 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size9,034 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4900-0049-000
Lot Number43
SubdivisionHighland Park
Land UseResidential
Legal DescriptionHIGHLAND PARK (ALVIN), LOT 43
Census Tract661400
Assessed Land Value$22,140
Assessed Improvement Value$216,920
Assessment Year2025

About this property

Home sweet home! Recently renovated throughout. Beautiful 3/2 1 story home sits on a huge corner lot just a couple blocks away from Alvin High School. The exterior is complimented by luscious landscaping, large mature trees, new paint and newly added solar screens to help with these hot summer days. As you enter through the front door you have a big study/media room or convert to a 4th bedroom. Kitchen has granite countertops, stainless appliances, stainless sink, cozy breakfast area and flows right into the living room that makes it perfect for entertaining. Relax in the big sun room or enjoy the backyard on the patio deck. Backyard also has a large storage room for all your toys/tools or make it into your own little custom Bar. Walk in master shower. Both bathrooms offer white farmhouse cabinets. New fixtures and ceiling fans throughout. New wood look flooring and new carpet in bedrooms. See for yourself what this cute home has to offer.(No Flloding or Damage in 2021 freeze)

Investor Tools

Property Icon
$264,000
Estimated Property Value
$167,930Estimated Mortgage Balance
$111,231Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,043
$239,060
2025
$22,140
$216,920
$239,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,043
$239,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$167,930
No
First
Aug 4, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,769
$112,231
42%
58%
$1,007/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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1511 Highland Dr | Property Details | No Agent List