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$248,000

NAL Estimated Property Value

1615 Oleander St, Rosharon, TX, 77583

Off MarketInfo
Baths400 Sq Ft
Year BuiltBuilt in 2018

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size28,488 sqft

Building Information

Year Built2018
Stories1
Garage Spaces1

Land Information

APN0538-0010-200
Lot Number23
SubdivisionH T & B R R
Land UseMobile Home Single Wide
Legal DescriptionA0538 H T & B R R BLOCK 12 TRACT 11 (CALLED PT LT 23) (SD TR 11-12) ACRES 0.654
Census Tract660611
Assessed Land Value$55,970
Assessed Improvement Value$6,800
Assessment Year2025

About this property

Located at 1615 Oleander St in Rosharon, Brazoria County, this 1.308-acre wooded lot is an investor special with excellent redevelopment potential. The property includes a 1,924 sq ft mobile home built in 1994, but all structures are considered tear downs. Priced below market value to reflect land value only. Located in the H.T. & B. R.R. subdivision, outside city limits and within Alvin ISD. Offers privacy, paved road access, and is in FEMA Flood Zone X—not in a flood zone. Legal: A0538 H T & B R R Block 12 Tract 11 (Called Lot 21 - Pt 23), Parcel ID 0538-0010-200. No HOA and minimal restrictions make it ideal for custom builds, manufactured housing, or long-term investment. Buyer to verify availability of utilities.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$0Estimated Mortgage Balance
$248,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,074
$62,770
2025
$55,970
$6,800
$62,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,074
$62,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$497,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Rosharon

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1615 Oleander St | Property Details | No Agent List