$595,000

1001 W Lobitt St Alvin, TX 77511

Estimated payment $4,036/month

Total Views 2,285
1 Bed
1 Bath
3,281 Sq Ft
$181 Price per Sq Ft

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Ceiling Fan
  • Stone Countertops
  • Programmable Thermostat
  • Laundry Facilities

About This Home

Turnkey 8-Unit Multifamily Investment – Renovated & Income-Producing! The beautifully renovated 8-unit complex offers steady rental income and additional revenue from an on-site coin-operated laundry facility located in a separate building. This property sits on a quiet corner lot in a residential neighborhood near downtown Alvin, TX just ~ 30 miles from Houston and Galveston, making it ideal for commuters and long-term tenants alike. All 8 units are 1-bedroom/1-bath thoughtfully designed for comfort and functionality: *Renovated in 2024 with quality upgrades throughout * Modern kitchens with full-size appliances, stone countertops & tile backsplash * Ceiling fans in both the living room & bedroom * Private entry, individual parking, and separate electric meters for each unit *Attractive brick and wood plank siding for lasting curb appeal.PLEASE DO NOT DISTURB TENANTS. Showings by appointment only for qualified buyers with Proof of Funds. Contact the listing agent today!

Listing Agent

Susan Rideau

JLA Realty License #0738913 Listed on: 05/30/2025

JLA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,895

Year Built

  • Built in 1967

Lot Details

  • 8,551 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,281 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • <<microwave>>
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Alvin Elementary School
  • Fairview Junior High School
  • Alvin High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Programmable Thermostat

Community Details

Overview

  • 8 Units
  • Bruner Alvin Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,895

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: From State Hwy 288 S, follow Hwy 6 S to 2nd St. Turn right on 2nd St. and left onto Lobitt St.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1967
  • Subdivision Name: Bruner Alvin
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Interior Amenities: Stone Counters, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 3281.0

Exterior Features

  • Disclosures: Municipal Utility District Disclosure, Seller Disclosure
  • Roof: Composition
  • Lot Features: Corner Lot
  • Construction Type: Brick, Wood Siding

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Laundry Features: Common Area
  • Security: Fire Alarm
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: ALVIN ELEMENTARY SCHOOL
  • Junior High Dist: 3 - Alvin
  • High School: ALVIN HIGH SCHOOL
  • Middle Or Junior School: FAIRVIEW JUNIOR HIGH SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8895.0

Multi Family

  • Number Of Units Total: 8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,895 $365,040 $19,450 $345,590
2022 $9,860 $359,480 $14,960 $344,520
2021 $2,861 $99,100 $17,960 $81,140
2020 $2,900 $99,100 $17,960 $81,140
2019 $2,761 $91,920 $14,960 $76,960
2018 $2,532 $84,160 $14,960 $69,200
2017 $2,699 $88,580 $14,960 $73,620
2016 $3,629 $119,100 $14,960 $104,140
2014 $2,566 $82,560 $14,960 $67,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $595,000 0.0% $181 / Sq Ft
10/08/2024 10/08/24 Off Market $795 -- --
09/09/2024 09/09/24 For Rent $795 0.0% --
11/23/2021 11/23/21 Sold -- -- --
10/24/2021 10/24/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $479,900 -- $146 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Stewart Title
Executors Deed -- None Available
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,250 New Conventional
Previous Owner $55,000 Seller Take Back
Closed $0 Purchase Money Mortgage
Source: Public Records

Source: Houston Association of REALTORS®

MLS Number: 95663996

Houston Association of REALTORS®

APN: 2260-0018-000

Texas Brazoria County Alvin 77511

1001 W Lobitt St, Alvin, TX

This home is located at 1001 W Lobitt St, Alvin, TX 77511 and is currently priced at $595,000, approximately $181 per square foot. This property was built in 1967. 1001 W Lobitt St is a home located in Brazoria County with nearby schools including Alvin Elementary School, Fairview Junior High School, and Alvin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Susan Rideau
Section Image
JLA Realty
(346) 553-1886