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1001 W Lobitt St

Alvin, TX 77511
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Just listedJust listed
3,281 Sqft
8,551 Lot Sqft
Multi-Family

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Description

Turnkey 8-Unit Multifamily Investment - Renovated & Income-Producing! NEW ROOF 4/2026! This complex offers steady rental income & additional revenue from the brand NEW coin-operated washer & dryer located in a separate laundry room. The property sits on a quiet corner lot in a residential neighborhood near downtown Alvin, TX ~30 miles from Houston & Galveston. There is an on-site property supervisor. Each unit is 1-bedroom/1-bath thoughtfully designed for comfort & functionality: * New roof 2026. Cosmetic renovations in 2024 with quality upgrades throughout * Modern kitchens with full-size appliances, stone countertops & tile backsplash * Ceiling fans in both the living room & bedroom * Walk-in closets * Private entry, individual parking, separate electric meters per unit * Attractive brick & wood plank siding for lasting curb appeal * Dumpster on-site * PLEASE DO NOT DISTURB TENANTS. Showings by appointment only for qualified buyers with proof of funds/lender pre-approval.

MLS#
39540693
List Price
$595,000 ($181/Sqft.)
Listing Status
For Sale
Address
1001 W Lobitt St
City
Alvin
State
TX
Zip Code
77511
County
Brazoria County
Legal Description
BRUNER (ALVIN) BLK 3 LOT 7
Property Type
Multi-Family
Stories
1
Building Size
3,281 Sqft/Appraisal District
Year Built
1967 /Appraisal District
Lot Size
8,551 Sqft/Appraisal District
Key Map©
695R
Market Area
Alvin Area

Exterior

Roof
Composition
Exterior Type
Brick, Wood
Lot Description
Corner
Parking Unit
One

Financial information

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$8,895/2024
Tax Rate
2.4645

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Interior

Countertop
stone
Floors
Vinyl
Cooling
Window Units
Heating
Window Unit
Compactor
No
Dishwasher
No
Disposal
No
Microwave
No
Energy Feature
Ceiling Fans, Digital Program Thermostat

Rooms

Unit1 Bed
12 x 10
Unit1 Kitchen
10 x 10
Unit1 Living
12 x 10
1 Bdr #
5
1 Bdr #
5
1 Bdr #
5
1 Bdr #
4
1 Bdr #
5
1 Bdr #
5
1 Bdr #
5
1 Bdr #
5

Lot Information

Lot Size
8,551 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
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Information source

Houston Association of REALTORS®
Source last updated May 30, 2026 at 10:06 AM
Listing last updated May 23, 2026 at 02:26 PM
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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
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.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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