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Off market
  • $407,200

    2002 Mustang Rd, Alvin, TX 77511

    1beds
    3,600sqft
    MultiFamily
    Built in 1969
    -- sqft lot
    $407,200 Zestimate®
    $113/sqft
    $1,999 Estimated rent

    Home value

    $407,200

    $326,000 - $497,000

    $1,999/mo

    Zestimate® history
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    Owner options

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    $1,999/mo

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    $1,999/mo

    Rent Zestimate®

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    $2,771/mo

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    $2,771/mo

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    What's special

    Income Producing 8 Plex on 3 Parcels in Alvin! Fully occupied and generating income NOW! 3 buildings consisting of 8 1 bedroom/ 1 bathroom units. Two duplexes and one four-plex. All apartments are rented with tenants currently paying $750 per month. Tenants pay all utilities. All galvanized plumbing replaced with flex piping. Current monthly income total is $6000. Property has never been flooded and is located in flood Zone X. Great investment opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Wall, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.77 Acres
    Details
    • Parcel number: 25700004110

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1969

    Utilities & green energy

    • Utilities for property: Electricity Available, Water Available

    Community & neighborhood

    Location
    • Region: Alvin

    Other

    Other facts
    • Flooring: Tile
    • HeatingYN: true
    • CoolingYN: true
    • Utilities: Electricity Available, Water Available
    • NumberOfUnitsTotal: 1
    • Furnished: Unfurnished
    • LeaseTerm: 12 Months
    • ConstructionMaterials: Wood Siding
    • CurrentFinancing: Conventional
    • Roof: Composition
    • StoriesTotal: 2
    • Cooling: Window Unit(s)
    • NumberOfUnitsInCommunity: 1
    • LivingAreaSource: Appraisal District
    • LotSizeSource: Appraiser
    • YearBuiltSource: Appraiser
    • OperatingExpenseIncludes: New Tax, Insurance, Maintenance, Trash
    • PublicSurveySection: 4
    • MlsStatus: Pending
    • TaxAnnualAmount: 7905

    Price history

    DateEventPrice
    10/7/2020Listing removed$499,000$139/sqft
    Source: Keller Williams Realty #61394622 Report a problem
    9/13/2020Pending sale$499,000$139/sqft
    Source: Keller Williams Realty #61394622 Report a problem
    9/1/2020Listed for sale$499,000-4.9%$139/sqft
    Source: Keller Williams Realty #61394622 Report a problem
    7/17/2020Listing removed$524,500$146/sqft
    Source: Keller Williams Realty #51841429 Report a problem
    6/30/2020Pending sale$524,500$146/sqft
    Source: Keller Williams Realty #51841429 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,440 -47.2%$180,150
    2023$8,413 +114.5%$180,150 +26%
    2022$3,922 -4.9%$143,000

    Find assessor info on the county website

    Neighborhood: 77511

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Walt Disney Elementary School
    • Middle: Alvin Junior High School
    • High: Alvin High School
    • District: 3 - Alvin

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $407,200