Rare opportunity to purchase a 6 unit complex in Alvin for way under market. Property needs a FULL remodel—-foundation, electrical, plumbing, windows, siding, and all interior finishes. Consists of 4- 1 bedroom/1 bath/living/kitchen units, and 2 efficiency units. The 4 1-bedroom units were all previously rented last year in current condition for $450/month each and the efficiencies for $400, with gross rents of $2600/month. Landlord pays gas and water. Opportunity to raise rents substantially after full rehab. Property is currently vacant, and priced under market for quick sale!
Cost/sqft based on Tax Value
|Tax Year||Cost/sqft||Tax Assessment||Change|
2018 Brazoria County Appraisal District Tax Value
|Market Land Value:||$3,960|
|Market Improvement Value:||$113,530|
|Total Market Value:||$117,490|
|2018 Assessed Value/Appraisal District:||$117,490|
2018 Tax Rates
|ALVIN CITY:||0.7880 %|
|BRAZORIA CTY CONSERV/RECLAM #3:||0.1500 %|
|BRAZORIA COUNTY:||0.3679 %|
|ALVIN COMMUNITY COLLEGE:||0.1878 %|
|COUNTY ROAD & BRIDGE:||0.0600 %|
|ALVIN ISD:||1.4500 %|
|Total Tax Rate:||3.0037 %|
|Estimated Monthly Principal & Interest (Based on the calculation below)||$ 649|
|Estimated Monthly Property Tax (Based on Tax Assessment 2018)||$ 294|
|Home Owners Insurance||Get a Quote|
2018 Subdivision Facts
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.
Below Average |
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211 Lulac Street, Alvin, TX 77511 Directions
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211 Lulac Street Alvin TX 77511 is listed for sale for $170,000. It is a 2,752 SQFT, 1 Beds, 1 Full Bath(s) in Hayes.
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