NOT LISTED FOR SALE

8831 Masters Rd Manvel, TX 77578

Estimated Value: $377,000 - $469,000

3 Beds
1 Bath
3,026 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 15, 2025

Current estimated payment $2,968/month

6 Days on Market

Highlights

  • 217,800 Sq Ft lot
  • Tile Flooring
  • 2 Car Garage
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2025

Amazing investment opportunity! 5 acre property with 4 rental units. The main home boasts 3 bedrooms, 1 bath, a covered rear patio & a 2.5 car garage. The cottage (Unit A) has 1 bedroom, 1 bath & an attached 1 car garage. The duplex (Units B & C) is comprised of two 1 bedroom, 1 bath units. Unit C of the duplex has a 1 car attached garage. There are also two freestanding garages - a 1 car garage with attached storage/work space, and an oversized 2 car garage with bay doors in the front & back. Ideal location just minutes from Hwy 6, 288 & new development.

Last Agent to Sell the Property

Jimmy Franklin

eXp Realty LLC License #0317553 Listed on: 11/15/2024

eXp Realty LLC

Last Buyer's Agent

John Freund

Fiv Realty Co Texas LLC License #0439183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,055

Year Built

  • Built in 1978

Lot Details

  • 5 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,026 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Bennett Elementary School
  • Caffey Junior High School
  • Iowa Colony High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Window Unit Heating System

Community Details

  • A B & M Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,055

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1978
  • Subdivision Name: A B & M
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48039:0410-0002-120
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Living Area: 3026.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Lot Features: Cleared
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Gas, Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: BENNETT ELEMENTARY (ALVIN)
  • Junior High Dist: 3 - Alvin
  • High School: IOWA COLONY HIGH SCHOOL
  • Middle Or Junior School: CAFFEY JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8055.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Jan 14, 2025
Sold by
Rumbut Joel and Rumbut Lois J
Bought by
Johns Jeremiah D and Johns Michelle C
Seller's Agent
Jimmy Franklin
eXp Realty LLC
Buyer's Agent
John Freund
Fiv Realty Co Texas LLC
List Price
$475,000
Views
17
Current Estimated Value
$443,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.31%
Original Mortgage
$432,000
Outstanding Balance
$428,930
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$14,287
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Johns Jeremiah D -- None Listed On Document
Johns Jeremiah D -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johns Jeremiah D $432,000
Closed Johns Jeremiah D $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold -- -- --
11/21/2024 11/21/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $475,000 -- $157 / Sq Ft
Source: Houston Association of REALTORS®

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
2025 $7,963 $312,970 $225,000 $87,970
2023 $7,963 $322,000 $188,473 $133,527
2022 $8,452 $284,620 $147,420 $137,200
2021 $6,678 $236,040 $105,300 $130,740
2020 $6,881 $238,180 $105,300 $132,880
2019 $6,392 $212,720 $89,100 $123,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 19218601

Houston Association of REALTORS®

APN: 0410-0002-120