$184,900 Last Listed Price
●
House -
Off Market
1503 Meadow Lane
Alvin, TX 77511
3 Beds
2 Baths
1,263 Ft²
$240,106
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Welcome to this beautifully renovated home in Alvin! This home
features granite countertops, fresh paint throughout, completely
updated bathrooms, new flooring throughout, new appliances, fully
rewired kitchen, new pex plumbing throughout, and much more! This
home is tucked at the end of a quiet street and right next to Lions
Park, and just a short walk away from Alvin Memorial Stadium and
Alvin High School!
Unit Size
1,263 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$146
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1962
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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 #77844301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | Listed by Harding Group Properties | $225,000 | |
| Listed by Harding Group Properties | |||
| | |||
|
Don't miss out on a wonderful opportunity to own a home with NO HOA and walking distance from Lions Baseball Park and Alvin High School. This home comes move-in ready with renovations in the bathrooms and kitchen. Major updates include Pex Plumbing throughout the house and a newer AC unit. A den/family room is located in the front of the house, but still close enough to the kitchen so you don't miss out on any entertainment. Going out of the back door you're welcomed by plenty of shade and a great size covered patio. The huge backyard is an extra bonus giving you plenty of space to entertain and or add a pool. Come and view this property today, you'll be happy you did.
| |||
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Nov 27, 2020 | Listed by NetWorth Realty Houston South | $184,900 | |
| Listed by NetWorth Realty Houston South | |||
| | |||
|
Welcome to this beautifully renovated home in Alvin! This home features granite countertops, fresh paint throughout, completely updated bathrooms, new flooring throughout, new appliances, fully rewired kitchen, new pex plumbing throughout, and much more! This home is tucked at the end of a quiet street and right next to Lions Park, and just a short walk away from Alvin Memorial Stadium and Alvin High School!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Terrace
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Listed by: Samantha Langham, NetWorth Realty Houston South
Last Updated: 5 months ago
Data Source: HAR , MLS# 77844301
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Last Updated: 5 months ago
Data Source: HAR , MLS# 77844301
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