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$269,110

211 Lulac Street, Alvin, TX, 77511

$349,843 ARVInfo
Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths2,752 Sq Ft
Multi FamilyMulti Family
price_per_sqft$61.77 / sqft
Year BuiltBuilt in 1976

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size6,098 sqft

Building Information

Year Built1976

Land Information

APN4760-0069-000
Lot Number40
SubdivisionHayes
Land UseResidential
Legal DescriptionHAYES (A0491 HOOPER & WADE)(ALVIN) LOT 40
Census Tract661100
Assessed Land Value$6,700
Assessed Improvement Value$262,410
Assessment Year2025

About this property

Rare opportunity to purchase a 6 unit complex in Alvin for way under market. Property needs a FULL remodel—-foundation, electrical, plumbing, windows, siding, and all interior finishes. Consists of 4- 1 bedroom/1 bath/living/kitchen units, and 2 efficiency units. The 4 1-bedroom units were all previously rented last year in current condition for $450/month each and the efficiencies for $400, with gross rents of $2600/month. Landlord pays gas and water. Opportunity to raise rents substantially after full rehab. Property is currently vacant, and priced under market for quick sale!

Investor Tools

Property Icon
$269,110
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$349,843
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,615 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,842
$269,110
2025
$6,700
$262,410
$269,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,842
$269,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Priority Investor Loans Llc
Open End Mortgage / Open End With Future Advance Clause
$343,000
No
First
Jan 11, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,810
N/A
0%
114%
$2,057/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.

Explore Texas Explore This Area
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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211 Lulac Street | Property Details | No Agent List