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$490,000

1515 Algoa Friendswood Rd, Alvin, TX, 77511

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,438 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.75 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size3 acres

Land Information

APN4143-0000-0027-003
Lot Number27
SubdivisionI & Gnrr A-601 Subd
Land UseResidential
Legal DescriptionABST 601 I & G N RR SUR SEC 13 PT OF LOT 27 (27-3) I & G N RR SUR SUB AKA TRACTS G,H & I
Census Tract723401
Assessed Land Value$188,180
Assessed Improvement Value$31,280
Assessment Year2025

About this property

5 acres of Multi-use Acreage with stocked Pond. Fantastic opportunity for combined residential and or commercial use. This property features a 3-bedroom, 2-bathroom main house with stunning endless green views and no back or side neighbors, a 20x30 ready to work Carpenter Shop, a 30x60 storage Warehouse with Auto Lift and a 30x25 Steel Pavilion with RV hookups. Buildings have already been permitted by County. Additional amenities include Two Water Wells, Two Septic systems, a 250-gallon Propane tank, Carports, HVAC 5-6 yrs old. This property is Zoned for residential, commercial, or business use with No Restrictions or HOA. Plan for your future here with unlimited opportunities. There is plenty of space here for animals and outdoor activities. Conveniently located near FM 517 & Hwy 6. Come Take a Look. Low Tax Rate of 1.89

Investor Tools

$0Estimated Mortgage Balance
$461,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Cindy Schafer

Better Homes and Gardens Real Estate Gary Greene - Bay Area

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,682
$219,460
2025
$188,180
$31,280
$219,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,682
$219,460

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
100%
0%
$0/mo

City: Alvin

1515 Algoa Friendswood Rd | Property Details | No Agent List