$120,000 Last Listed Price
●
Land -
Off Market
814 Verhalen Road
Alvin, TX 77511
Studio
0 Bath
$132,205
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Fully fenced partially wooded 2+ acres within Alvin city limits.
It's ready to build your next home, for your livestock to graze or
both (horses, goats, cows allowed). If you need more space this lot
offers plenty of it. Close proximity to all schools including ACC.
Easy access to Hwy 6 and Hwy 35. Will need propane and aerobic
septic. No HOA; Barndominiums are ALLOWED; no trailers/mobile
homes; survey available.
Unit Size
-
Days on Market
-
Land Size
2.70 acres
Price per sqft
-
Property Type
Land
Property Taxes
$192
HOA Dues
-
Year Built
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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: 4 months ago (HAR #65801692)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Aug 10, 2025 | Price Decreased |
$198,500
↓ $14K
(6.4%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed by AM Real Estate Group, LLC | $212,000 | |
| Listed by AM Real Estate Group, LLC | |||
| | |||
|
Versatile 2.54-acre property located within the city limits of Alvin with a 50ft wide driveway. Recently annexed into the city, this property offers a unique opportunity for a variety of potential uses.The City of Alvin does not enforce zoning regulations — providing flexibility with some structure for development. With ample open space and a convenient location, this land is ideal for those seeking room to build, expand, or invest in Alvin's growing market. Whether you’re considering a residential homestead, a business venture, or a mixed-use project, this property provides a rare combination of city services access and developmental freedom.
| |||
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2021 | Listed by C.R.Realty | $120,000 | |
| Listed by C.R.Realty | |||
| | |||
|
Fully fenced partially wooded 2+ acres within Alvin city limits. It's ready to build your next home, for your livestock to graze or both (horses, goats, cows allowed). If you need more space this lot offers plenty of it. Close proximity to all schools including ACC. Easy access to Hwy 6 and Hwy 35. Will need propane and aerobic septic. No HOA; Barndominiums are ALLOWED; no trailers/mobile homes; survey available.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Meyerland
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Listed by: Danielle Amaya, C.R.Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 65801692
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Last Updated: 4 months ago
Data Source: HAR , MLS# 65801692
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