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$357,027

NAL Estimated Property Value

23506 Meritage Dr, Alvin, TX, 77511

$386,706 ARVInfo
SoldInfo
6/26/26
Beds3 Beds
Baths3 Bath
Baths2,453 Sq Ft
price_per_sqft$146.76 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBack Green Space, Sprinkler System
Lot Size7,802 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6423-3001-038
Lot Number38
SubdivisionMarthas Vineyard Sec 3
Land UseResidential
Legal DescriptionMARTHAS VINEYARD SEC 3 (A0230 HT&BRR) BLK 1 LOT 38
Census Tract661000
Assessed Land Value$64,270
Assessed Improvement Value$305,770
Assessment Year2025

About this property

Welcome to this spacious and beautifully designed one-story home featuring 3 bedrooms, 2 bathrooms, and an oversized 2.5-car garage, giving you room to truly spread out. Inside you will find high ceilings and the open-concept kitchen boasts an oversized granite island, perfect for entertaining, along with a generous living areas. Lets not forget the bonus office and dining room. Out back, enjoy a covered patio and a serene yard with no back neighbors—Located just minutes from Highway 288, commuting to the Medical Center or Downtown Houston is effortless. Plus, you’re surrounded by excellent dining and shopping options, making everyday convenience part of your lifestyle. Reach out to tour today!

Investor Tools

Property Icon
$357,027
Estimated Property Value
$305,659Estimated Mortgage Balance
$51,368Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$386,705
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,562
$357,027
2025
$64,270
$305,770
$370,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,562
$357,027

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Bank & Trust Co
Conventional
$324,570
No
First
Apr 3, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,659
$51,368
14%
86%
$1,946/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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23506 Meritage Dr | Property Details | No Agent List