$479,900
SOLD NOV 23, 2021
Last list price

1001 W Lobitt St Alvin, TX 77511

-- Bed
4 Baths
3,281 Sq Ft
8,551 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

49 Days on Market

Highlights

  • Corner Lot
  • Programmable Thermostat
  • Central Heating
  • Window Unit Cooling System
  • 1-Story Property
  • Ceiling Fan

About This Home

As of November 2021

This 8 unit Apartment Complex is located near Downtown Alvin. They have been recently updated and are all 1 bedroom/1 bathroom, fully equipped with a stove, refrigerator, in an open floor plan. The units are separated into 2 buildings with a coin operated laundry room in the middle. Property is 90% leased with low overhead. Call for your private tour.

Last Agent to Sell the Property

Lauren Silva

RE/MAX Crossroads Realty License #0570379 Listed on: 09/04/2021

RE/MAX Crossroads Realty

Last Buyer's Agent

Nonmls

Houston Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,861

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

Interior Spaces

  • 4 Full Bathrooms
  • 3,281 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Laminate Countertops

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas
  • Programmable Thermostat

Community Details

Overview

  • 8 Units
  • Bruner Alvin Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,861

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: From Hwy 6, turn onto 2nd St, turn left onto Lobitt St, Apartment Complex is before the curve on the right
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1967
  • Subdivision Name: Bruner Alvin
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 4
  • Flooring: Vinyl
  • Interior Amenities: Laminate Counters, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 3281.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

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: Central, Gas
  • 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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2861.0

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Nov 23, 2021
Sold by
Remember Whose Kids You Are I Llc
Bought by
Ally & Payne Llc
Seller's Agent
Lauren Silva
RE/MAX Crossroads Realty
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$479,900
Sold Price
$450,450
Premium/Discount to List
-$29,450
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.09%

Purchase Details

Closed on
Nov 30, 2012
Sold by
Segelquist Donna R Williams
Bought by
Remember Whose Kids You Are I Llc

Purchase Details

Closed on
Jul 31, 2001
Sold by
Valdes Hugo V and Valdes Alejandra C
Bought by
Decker Daniel and Decker Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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®

Tax History Compared to Growth

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

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 38074914

Houston Association of REALTORS®

APN: 2260-0018-000