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$493,760

NAL Estimated Property Value

9802 Fm 1462 Rd, Alvin, TX, 77511

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,345 Sq Ft
price_per_sqft$166.31 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5 acres

Building Information

Year Built1945
Stories1
Roof Type105
Garage Spaces4

Land Information

APN6436-0053-110
Lot Number6
SubdivisionMasterson
Land UseResidential
Legal DescriptionMASTERSON (A0100 F MOORE) LOT 6A2C ACRES 5.0
Census Tract661502
Assessed Land Value$147,260
Assessed Improvement Value$346,500
Assessment Year2025

About this property

Spacious recently updated home on a huge 5-acre lot. Home features a massive family room w/ a sliding door that leads to an oversized 20x40 covered patio. Covered patio overlooks mature pecan trees and sprawling acreage. In the kitchen, there is plenty of room to move around & lots of cabinets to store all your kitchenware. The large game room is conveniently located right off the bedrooms with the primary towards the back of the hall. There are a few extra AC spaces in the floor plan for creative use like a storage room, craft room, and/or mud room. House has a handyman’s dream garage with 2 additional spaces and the entire garage is trimmed out in a rustic finish. Conveniently located close to major shopping, quick access to Hwy 35 & HWY 288. Be near the proposed Hwy 99 as it comes through the area. Land can be used for commercial, industrial, or subdivided for development depending on your desires. Sellers are willing to subdivide. You could live and work here. Owner/ Agent listing.

Investor Tools

Property Icon
$493,760
Estimated Property Value
$291,298Estimated Mortgage Balance
$202,462Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,963 /month
Positive
Cash Flow Estimate:
$988 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,244
$493,760
2025
$147,260
$346,500
$493,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,244
$493,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$310,400
No
First
Jan 20, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,298
$202,462
41%
59%
$1,862/mo

City: Alvin