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$363,000

NAL Estimated Property Value

1515 Algoa Friendswood Rd, Alvin, TX, 77511

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,438 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$365.09 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size2 acres

Building Information

Year Built1989
Stories1
Roof Type112

Land Information

APN4143-0000-0027-001
Lot Number27
SubdivisionI & Gnrr A-601 Subd
Land UseResidential
Legal DescriptionABST 601 I & G N RR SUR SEC 13 PT OF LOT 27 (27-1) I & G N RR SUR SUB AKA TRACT F
Census Tract723401
Assessed Land Value$135,910
Assessed Improvement Value$135,850
Assessment Year2025

About this property

GREAT INVESTMENT and-potential with residential and commercial for both personal use and business ventures. The property is ideal for someone looking to combine living and working on the same site, whether it be for a business like an auto shop or for personal use. Lots of space and recreational opportunities. SIZE & SPACE: 5 acres with a large pond, offering plenty of room for various uses, including animals or outdoor activities. MAIN HOUSE: 3-bedroom, 2-bathroom home with grand views. WORKSHOP & WAREHOUSE: A 20x30 carpenter shop and a large 30x60 warehouse equipped with auto lift, compressor, and other useful tools. Great for anyone needing workspace for business or hobbies. PAVILION & RV HOOKUPS: 30x25 steel pavilion and full RV hookups for extra convenience or for guests. UTILITIES: Two well houses, two septic systems, 250-gallon propane tank, and additional carports. ZONED for residential, commercial, or business use, NO Restrictions. LOCATION: Close to FM 517 & Hwy 6

Investor Tools

Property Icon
$363,000
Estimated Property Value
$0Estimated Mortgage Balance
$363,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,002
$271,760
2025
$135,910
$135,850
$271,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,002
$271,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$332,000
100%
0%
$0/mo

City: Alvin

1515 Algoa Friendswood Rd | Property Details | No Agent List