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$278,000

305 Lippizan Drive, Alvin, TX, 77511

$302,963 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.1 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling

Exterior

Lot Size6,190 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6731-1003-027
Lot Number27
SubdivisionMustang Ridge Sec 1
Land UseResidential
Legal DescriptionMUSTANG RIDGE SEC 1 (A0225 HT&BRR) (ALVIN) BLK 3 LOT 27
Census Tract661601
Assessed Land Value$43,030
Assessed Improvement Value$281,720
Assessment Year2025

About this property

Nice 4/2.5/2 on a corner lot in a quiet neighborhood. Open floor plan. Kitchen has gas cooking, an island/ breakfast bar, and lots of storage. Spacious living area. Guest half bath down. Primary bedroom with a walk-in closet, dual sinks and a tub and separate glass shower. Study or home office. Upstairs game room (huge) and three bedrooms and a full bath. Fenced backyard is great for pets and play. Please come see for yourself!

Investor Tools

$282,931Estimated Mortgage Balance
$41,819Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$302,963
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Rebecca Casey

Casey Castles, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,135
$324,750
2025
$43,030
$281,720
$324,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,135
$324,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$295,690
Yes
First
Feb 7, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,931
$41,819
12%
87%
$1,844/mo

City: Alvin