Last 24 Hours
$527,070
NAL Estimated Property Value500 E House St, Alvin, TX, 77511
$685,191 ARV
Off Market
Commercial
— Beds
1 Bath
5,376 Sq Ft
Multi Family
$116.26 / sqft
Built in 1962Highlights
Interior
Bedrooms —
Bathrooms 1AppliancesRange, Refrigerator
FlooringTile
Exterior
Lot Size12,502 sqft
Building Information
Year Built1962
Land Information
APN6895-0063-000
Lot Number1,2
SubdivisionOwen
Land UseResidential
Legal DescriptionOWEN (ALVIN) BLK 7 LOT 1-2
Census Tract661200
Assessed Land Value$48,750
Assessed Improvement Value$478,320
Assessment Year2025
About this property
Very easy access to major thoroughfares and convenient to schools. Prime opportunity with a great location. Do not walk through the property without an agent. This property is an ideal acquisition for investors seeking to capitalize on the area's appeal. Please do not disturb tenants. 7 unit 2 One bedroom 5 Two bedroom units. 1 office unit. All units with central air, Corner lot. Easy access to major roads and shopping.
Investor Tools
$527,070
Estimated Property Value
$175,995Estimated Mortgage Balance
$351,075Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$685,191
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,175/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,460
$527,070
2025
$48,750
$478,320
$527,070
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,460
$527,070
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Icon Bank Of Texas Na
Commercial
$224,000
No
First
Apr 15, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,995
$351,075
66%
33%
$1,343/mo
12.4%