$350,000 Last Listed Price
●
House -
Off Market
1001 Rosharon Road
Alvin, TX 77511
3 Beds
2 Baths
1,629 Ft²
$2,242
Est. Monthly
About This Property
Here's a rare opportunity to own nearly 5 beautiful acres near
downtown Alvin that could be used for residential OR commercial
purposes. This special property offers mature trees and is in a
really convenient close-in location. It's high and dry, with no
prior flooding, and no HOA. City water, sewer & trash are
available, as well as power and natural gas. Near schools,
shopping, and all the conveniences you want. Older home is livable
and could be restored, or tear it down if you want to build
something new/different. This is an estate sale so there's not a
lot of information on the house and systems. It's being sold AS IS,
with a bath remodel in progress. Please check with the city to make
sure your plans are acceptable. It could be redeveloped into a
small neighborhood or build homes for all your family members
and/or put your business here. The communications tower in back
does not provide income and access must is required for
maintenance. Garages=2 car att + 1 car/detached shop.
Unit Size
1,629 Ft²
Days on Market
-
Land Size
4.77 acres
Price per sqft
$215
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #88320039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Price Decreased |
$850,000
↓ $45K
(5%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by Carlos Garcia Realty, Inc. | $895,000 | |
| Listed by Carlos Garcia Realty, Inc. | |||
   | |||
|
Home has been recently been remodeled featuring updated kitchen and baths! Fresh interior & exterior paint! New driveway! Carport! This special property offers beautiful oak, pecan and fruit trees lined up along this picturesque country property yet you’re in the middle of town- Near schools, shopping, and all the conveniences you want. Tower easement. Call today for more information or to set up an appointment to preview.
| |||
| Nov 4, 2024 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Alvin
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Listed by: Ruth Ann Manison, Prince Properties, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 88320039
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88320039
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