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$286,000

NAL Estimated Property Value

385 Lake Line Drive, Alvin, TX, 77511

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,615 Sq Ft
price_per_sqft$176.47 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Water Purifier
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size9,104 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5580-6002-005
Lot Number5
SubdivisionKendall Lakes Sec 6
Land UseResidential
Legal DescriptionKENDALL LAKES SEC 6 (A0482 HT&BRR)(ALVIN) BLK 2 LOT 5
Census Tract661000
Assessed Land Value$72,830
Assessed Improvement Value$206,160
Assessment Year2025

About this property

Welcome to this lovely 3-bedroom, 2-bathroom home nestled in the serene neighborhood of Kendall Lakes. As you step inside, you'll be greeted by an open floor plan that seamlessly connects the living room, dining area, and kitchen, creating a warm and inviting space for family gatherings and entertaining guests. The kitchen boasts modern appliances, ample counter space, and plenty of storage, making it a joy to prepare meals and explore your culinary skills. The three bedrooms are generously sized and feature large windows that allow natural light to flood in, creating a bright and airy ambiance. The two bathrooms are tastefully designed and lightly used. Whether you envision a lively barbecue, gardening, or simply unwinding under the shade of a tree, the backyard provides the perfect canvas for your imagination. Located in Alvin, this home offers a tranquil setting, while still having easy access to shopping and restaurants. Ensuring convenience to you and your family.

Investor Tools

Property Icon
$286,000
Estimated Property Value
$256,472Estimated Mortgage Balance
$29,528Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,093
$278,990
2025
$72,830
$206,160
$278,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,093
$278,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$270,019
Yes
First
Aug 4, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,472
$29,528
10%
90%
$1,619/mo

City: Alvin