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Owner Contacts

$475,000

NAL Estimated Property Value

2202 N Gordon St, Alvin, TX, 77511

Off Market

1 Bath

3,266 Sq Ft

$84.17 / sqft

Built in 1979

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 1

Exterior

Lot Size17,999 sqft

Building Information

Year Built1979

Land Information

APN3590-0018-000

Lot Number18,19

SubdivisionDuke

Land UseCommercial

Legal DescriptionDUKE (A0421 HOOPER & WADE)(ALVIN) BLK 2 LOT 18-19

Census Tract661100

Assessed Land Value$59,670

Assessed Improvement Value$415,330

Assessment Year2025

About this property

***FANTASTIC COMMERCIAL/RESIDENTIAL INVESTMENT OPPORTUNITY*** Super High Visibility & Ease of Accessibility at this Prime Location on Business Hwy 35 in Alvin. Exterior w/Nice Curb Appeal. Located on a Spacious Almost 1/2 Acre Lot. Parking Capabilities Presently Located in Front & Back of Building. Multiple Buildings On-Site Including Huge Main Building w/ Gutted Interior - A Clean Slate for a Custom Commercial Build Out. Currently Categorized as Commerical but Could Potentially be Converted to Residential. Additional Nice Portable Office Building Located Right Beside Main Building. Intact Dog Kennels on Site as well. Signage in Place. Recent Landscape Improvements. Multiple High Density & Prosperous Towns of Alvin, Friendswood, & Pearland Converge at this Geographic Location - Driving Tons of Exposure & Visibility. If you have Been Looking for the Perfect Place to Call Home for your Existing or Start Up Business.... Look No Further! ***THIS IS THE ONE YOU'VE BEEN WAITING FOR***

Investor Tools

$475,000

Estimated Property Value

$178,266Estimated Mortgage Balance

$296,734Estimated Equity

62% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,850 /month

Positive

Cash Flow Estimate:

$950 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,019/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,858

$475,000

2025

$59,670

$415,330

$475,000

Tax History

Year

Tax Paid

Assessed Value

2024

$9,858

$475,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hometown Bank Na

Purchase Money Mortgage

$188,000

First

Jul 18, 2023

Jul 2043

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$178,266

$296,734

62%

38%

$1,128/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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