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$318,000

3070 Megan Lynn Ln, Alvin, TX, 77511

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.50 acres

Land Information

APN5849-0000-0001-000
Lot Number1
SubdivisionPinewood Ranches Sec 14 (2022) Abst 599
Land UseResidential
Legal DescriptionLOT 1 PINEWOOD RANCHES SEC 14 (2022) ABST 599
Census Tract720605
Assessed Land Value$239,580
Assessment Year2025

About this property

Escape the hustle and bustle while staying close to everything you need! This serene 2.5 acre property, nestled in a private neighborhood of custom-built homes tucked back off of FM 517, offers the perfect blend of convenience and tranquility. Located near Alvin, Dickinson, and Santa Fe, this lot is ready for you to build your dream home with your builder of choice— a home pad, shop or detached garage pad, and driveway pad are already in place. Mature trees provide natural beauty, while the back portion remains uncleared for added privacy. With no back neighbors—just a peaceful canal—you’ll enjoy the nature and tranquility this property has to offer. Homes in this neighborhood are set on acreage, giving you plenty of space to spread out and enjoy country living with modern convenience and easy access to Houston and Galveston. Don’t miss this rare opportunity!

Investor Tools

Property Icon
$318,000
Estimated Property Value
$130,000Estimated Mortgage Balance
$190,289Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
$313/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,373
$169,884
2025
$239,580
N/A
$239,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,373
$169,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Five Points Bank Of Hastings
Commercial
$130,000
No
First
May 9, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,711
$190,289
59%
40%
$780/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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3070 Megan Lynn Ln | Property Details | No Agent List