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$297,340

5229 Bailey Ln, Alvin, TX, 77511

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,946 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.94 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Oven
FlooringCarpet, Tile

Exterior

Lot Size5,249 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6767-2002-001
Lot Number1
SubdivisionNorth Pointe Trails Sec 2
Land UseResidential
Legal DescriptionNORTH POINTE TRAILS SEC 2 (A0693 I & G N)(ALVIN) BLK 2 LOT 1
Census Tract661100
Assessed Land Value$26,250
Assessed Improvement Value$271,090
Assessment Year2025

About this property

This beautifully kept house is ready for you to call it your HOME! No back neighbors, open floor plan. Kitchen over looks the living area and has an island for extra counter space. Not to mention the tall dark cabinets and black appliances with formal dining area. The living room is spacious, master bedroom has plenty of room for large furniture and the en suite restroom features double sinks, a garden tub, and separate shower. The secondary rooms are also a great size. Don't forget to take a look at the covered patio!

Investor Tools

Property Icon
$297,340
Estimated Property Value
$206,196Estimated Mortgage Balance
$114,898Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,784 /month
Positive
Cash Flow Estimate:
$595 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,300
$297,340
2025
$26,250
$271,090
$297,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,300
$297,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$206,196
Yes
First
Jun 1, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,442
$114,898
38%
61%
$1,237/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.

Explore Texas Explore This Area
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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5229 Bailey Ln | Property Details | No Agent List