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Sold 77511 Alvin

2002 Mustang Road

Alvin, TX 77511

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Sold

$420,001 - $482,000

Sold on October 06, 2020

3,600 Sqft.

33,707 Lot Sqft

Multi-Family - 5 Plus

11 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $646K	AVM Value $403K	AVM Value $180K
Value Range $491K - $801K	Value Range $356K - $449K	Value Range $ 180,150
Confidence Score 76% Margin of Error*: 24%	Confidence Score 75% Margin of Error*: 11%	Confidence Score NA

$646K

$403K

$180K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

Income Producing 8 Plex on 3 Parcels in Alvin! Fully occupied and generating income NOW! 3 buildings consisting of 8 1 bedroom/ 1 bathroom units. Two duplexes and one four-plex. All apartments are rented with tenants currently paying $750 per month. Tenants pay all utilities. All galvanized plumbing replaced with flex piping. Current monthly income total is $6000. Property has never been flooded and is located in flood Zone X. Great investment opportunity!

MLS#

61394622

Sold Price Range

$420,001 - $482,000

Listing Status

Sold

Address

2002 Mustang Road

City

Alvin

State

Zip Code

77511

County

Brazoria County

Subdivision

Cedar Lane Alvin (View subdivision price trend)

Legal Description

CEDAR LANE (ALVIN) LOT A-A2B (PT)

Property Type

Multi-Family - 5 Plus

Stories

Year Built

1969 / Appraisal District

Building Size

3,600 Sqft/Appraisal District

Lot Size

33,707 Sqft./Appraisal District

Key Map©

695Z

Market Area

Alvin South

Property website

Property map

Street
view

Get
directions

Kevin Jones Platinum

Keller Williams Realty Clear Lake / NASA

Call

Exterior

Roof

Composition

Exterior Type

Wood

Lot Description

Other

Unit Location

Other

Interior

Floors

Tile

Cooling

Window Units

Heating

Window Unit

Compactor

Dishwasher

Disposal

Microwave

Energy Feature

Ceiling Fans

Lot information

Lot Size

33,707 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional

Other Fees

Maintenance Fee

Taxes w/o Exemp

$7,905/2019

Tax Rate

2.9268

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Total Usage

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

LIST PRICE

DOWN PAYMENT

Amount

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Ready to sell your home?

If you like this property and are also considering selling your current home now, you may find out how. Request your home selling analysis report featuring Recently Sold, Market Analysis, Home Valuations, and Market Update.

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.