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$188,030

NAL Estimated Property Value

615 Shady Oaks Harbor, Alvin, TX, 77511

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,240 Sq Ft
price_per_sqft$137.1 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating ElectricHeating Electric
CoolingCooling
AppliancesElectric Oven

Exterior

Exterior FeaturesBalcony
Lot Size23,971 sqft

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN7521-0052-000
Lot Number38,39
SubdivisionShady Oaks Harbor
Land UseResidential
Legal DescriptionSHADY OAKS HARBOR (A0037 S F AUSTIN) BLK 1 LOT 38-39
Census Tract661700
Assessed Land Value$59,930
Assessed Improvement Value$128,100
Assessment Year2025

About this property

Located in Shady Oaks Harbor on over half an acre with nearly 127 feet of waterfront along Chocolate Bayou, this property offers exceptional potential for the discerning buyer, investor, or home flipper. The home is down to the studs, providing a clean slate for customization and updates to suit your vision. Recent improvements include concrete stilts added in 2024 to elevate the property and wrap-around decking that delivers beautiful 360-degree views of the surroundings. The roof was replaced in 2017. A shop with a slab and a carport is located on the west side of the lot. RV hookups are conveniently located next to the well. The home includes central AC and heat, but the condenser needs servicing. The standout feature is the extended waterfront access to Chocolate Bayou—perfect for adding a boat lift or deck to launch and enjoy bay outings easily. This is a rare chance to transform a waterfront home into your ideal retreat or investment. See the potential—schedule a showing today!

Investor Tools

Property Icon
$188,030
Estimated Property Value
$63,167Estimated Mortgage Balance
$124,863Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,919
$188,030
2025
$59,930
$128,100
$188,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,919
$188,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amoco Fcu
Conventional
$65,000
No
First
Oct 22, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,167
$124,863
66%
34%
$390/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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615 Shady Oaks Harbor | Property Details | No Agent List