$240,000
218 N Ormsby Street, Alvin, TX, 77511
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop
FlooringLaminate
Exterior
Lot Size15,002 sqft
Building Information
Year Built1974
Stories1
Roof Type112
Garage Spaces2
Land Information
APN6270-0003-000
Lot Number5,6
SubdivisionLive Oak
Land UseResidential
Legal DescriptionLIVE OAK (ALVIN) BLK 1 LOT 5-6
Census Tract661200
Assessed Land Value$65,000
Assessed Improvement Value$111,070
Assessment Year2025
About this property
3 Bedroom and 2 Full baths with large family room open to large kitchen! No MUD fees! No HOA Fees! 2 car detached garage with large Backyard! Hometown feel close to shopping and major hwy. (6 and 35) Get it before this is gone with Great Price!
Investor Tools
$177,333Estimated Mortgage Balance
$70,667Estimated Equity
28% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,436
$176,070
2025
$65,000
$111,070
$176,070
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,436
$176,070
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ms Carol Croom
Unknown
$198,000
No
First
Jan 1, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,333
$70,667
28%
72%
$1,188/mo
