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$350,000

1846 Alyssa Way, Alvin, TX, 77511

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.04 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,874 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6587-2003-037
Lot Number37
SubdivisionMidtown Park Sec 2
Land UseResidential
Legal DescriptionMIDTOWN PARK SEC 2 (ALVIN) BLK 3 LOT 37
Census Tract661000
Assessed Land Value$76,500
Assessed Improvement Value$273,500
Assessment Year2025

About this property

Step into this beautiful two-story Sawyer II Plan by K. Hovnanian, featuring 4 bedrooms, 3.5 baths, and a 2-car garage. Enjoy luxury vinyl plank floors downstairs and grade 5 carpet throughout. The elegant dining room offers easy access to a kitchen adorned with white cabinets, stainless steel appliances, a farmhouse sink, and quartz countertops on a large island. The owner's bath is luxurious with double sinks, a huge walk-in closet, separate tub, and shower. Upgrades include updated light fixtures and hardware, large windows for natural lighting, and wrought iron spindles on the staircase leading to a large loft and secondary bedrooms. Outdoors, relish in the extended concrete patio on an oversized lot with no backyard neighbors. Additional features include a large game room, a guest suite with a full en suite bath, walk-in attic access, easy installation hurricane panels, and low taxes. Located on the border of Friendswood and Pearland, with easy access to I35 and 528.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$343,660Estimated Mortgage Balance
$17,623Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,674
$350,000
2025
$76,500
$273,500
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,674
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Fha
$343,660
Yes
First
Jul 19, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,377
$17,623
5%
95%
$2,061/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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