NOT LISTED FOR SALE

211 Lulac St Alvin, TX 77511

1 Bed
1 Bath
2,800 Sq Ft
0.25 Acres

Last Sold March 24, 2023

18 Days on Market

Highlights

  • Furnished
  • Vinyl Plank Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2023

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!

Last Agent to Sell the Property

Pernia Rutherford

My Castle Realty License #0711629 Listed on: 01/12/2023

Last Buyer's Agent

John Braun CCIM,CPM

Bayou Properties Realty, LLC License #0519754

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,813

Year Built

  • Built in 2020

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Furnished

Kitchen

  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Hasse Elementary School
  • G W Harby J H Middle School
  • Alvin High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • 6 Units
  • Hayes Subdivision

Building Details

  • Gross Income $74,400
  • Net Operating Income $61,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,813

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 2020
  • Subdivision Name: Hayes
  • Unit Levels: One
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48039:4760-0069-000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Plank, Vinyl
  • Interior Amenities: Furnished, Laminate Counters
  • Living Area: 2800.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Construction Type: Cement Siding

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: HASSE ELEMENTARY SCHOOL (ALVIN)
  • Junior High Dist: 3 - Alvin
  • High School: ALVIN HIGH SCHOOL
  • Middle Or Junior School: G W HARBY J H

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6813.0

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 74400.0
  • Property Net Operating Income: 61500.0

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2024 10/27/24 Off Market -- -- --
03/24/2023 03/24/23 Sold -- -- --
01/31/2023 01/31/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $545,000 +178.1% $195 / Sq Ft
11/19/2019 11/19/19 Sold -- -- -- View Prior Sale
10/20/2019 10/20/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $196,000 -- $71 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pernia Rutherford

    My Castle Realty

    (713) 683-0054

    1 in this area

    34 Total Sales

    Pernia Rutherford
    Section Image
  • John Braun CCIM,CPM

    Buyer's Agent in 2023

    John Braun CCIM,CPM

    Bayou Properties Realty, LLC

    (281) 650-1678

    2 in this area

    52 Total Sales

    John Braun CCIM,CPM
    Section Image

  • D

    Seller's Agent in 2019

    Dan Gad

    eXp Realty LLC

    (281) 769-5059

    2 in this area

    103 Total Sales

    Dan Gad
    Section Image
  • Boris Sanchez

    Buyer's Agent in 2019

    Boris Sanchez

    Sanmore Realty

    (713) 480-0002

    19 Total Sales

    Boris Sanchez
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 4402541

Houston Association of REALTORS®

APN: 4760-0069-000

Texas Brazoria County Alvin 77511

211 Lulac St, Alvin, TX

Not Listed for Sale

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