$210,000 Last Listed Price
●
House -
Off Market
503 Southbend Drive
Alvin, TX 77511
3 Beds
2 Baths
1,530 Ft²
$219,740
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Charming three bedroom, two bath home with a study! This home is
centrally located in town, has a fenced in back yard, mature trees
and a covered back patio. As you enter, you will see the study to
the right and new luxury vinyl flooring that run throughout the
main areas of the home. The living space is open and flows nicely
into the kitchen that includes white cabinets, a high top bar, and
a little breakfast area. You will love having the large glass
sliding door that looks out to the patio and brings in plenty of
natural lighting. In all the bedrooms there is new carpet and the
bathrooms have granite countertops. The primary bath has a newly
renovated shower with subway tile walls and a fun tile flooring.
The backyard has plenty of space for your dog or kids to play and
the patio is the perfect spot to enjoy your morning coffee or a
crisp fall evening. This one is move in ready and just waiting for
you to call it your home!
Unit Size
1,530 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$137
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1969
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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 #74758778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Sep 10, 2022 | Listed by Keller Williams Hou Preferred | $210,000 | |
| Listed by Keller Williams Hou Preferred | |||
| | |||
|
Charming three bedroom, two bath home with a study! This home is centrally located in town, has a fenced in back yard, mature trees and a covered back patio. As you enter, you will see the study to the right and new luxury vinyl flooring that run throughout the main areas of the home. The living space is open and flows nicely into the kitchen that includes white cabinets, a high top bar, and a little breakfast area. You will love having the large glass sliding door that looks out to the patio and brings in plenty of natural lighting. In all the bedrooms there is new carpet and the bathrooms have granite countertops. The primary bath has a newly renovated shower with subway tile walls and a fun tile flooring. The backyard has plenty of space for your dog or kids to play and the patio is the perfect spot to enjoy your morning coffee or a crisp fall evening. This one is move in ready and just waiting for you to call it your home!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Alvin
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Listed by: Emily McCollum, Keller Williams Hou Preferred
Last Updated: 5 months ago
Data Source: HAR , MLS# 74758778
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Last Updated: 5 months ago
Data Source: HAR , MLS# 74758778
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