1001 W Lobitt Street, Alvin, TX 77511

Alvin
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
1001 W Lobitt Street,Alvin, TX 77511
$575,000
  • 1 Beds
  • 1 Baths
  • 3,281 sq. ft.
  • Multi-family
  • Active
Listed by: susan rideau
Office: jla realty713-489-8130
MLS#:39540693
Source:HARMLS

Price summary

  • Price:$575,000
  • Price per sq. ft.:$175.25

About this home

NEW ROOF 4/2026! 9% Pro Forma Cap Rate-Turnkey 8-Unit Multifamily Investment-Renovated & Income-Producing! * Cosmetic renovations to every unit completed in 2024 with quality upgrades * Modern kitchens with full-size appliances, stone countertops & tile backsplash * Ceiling fans in both the living room & bedroom * Walk-in closets * Private entry, individual parking, separate electric meters per unit * Attractive brick & wood plank siding for lasting curb appeal * Dumpster on-site. This complex offers steady rental income & additional revenue from the brand NEW coin-operated washer & dryer located in a separate laundry room. Quiet corner lot in a residential neighborhood near downtown Alvin, TX ~30 miles from Houston & Galveston. There is an on-site property supervisor. Each unit is 1-bedroom/1-bath thoughtfully designed for comfort & functionality. * DRIVE BY ONLY! Please do not disturb tenants. Showings & inspections allowed during feasibility period.

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Home facts

  • Year built:1967
  • Subdivision & Development:Bruner Alvin
  • Listing ID #:39540693
  • Updated:August 17, 2026 at 11:58 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Vinyl
  • Kitchen Description:Refrigerator, Stone Counters
  • Living area:3,281 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Window Unit

Structure and exterior

  • Roof:Composition
  • Year built:1967
  • Building area:3,281 sq. ft.
  • Lot Features:Corner Lot
  • Construction Materials:Brick, Wood Siding
  • Levels:1 Story

Schools

  • High school:ALVIN HIGH SCHOOL
  • Middle school:FAIRVIEW JUNIOR HIGH SCHOOL
  • Elementary school:ALVIN ELEMENTARY SCHOOL

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$175.25
  • Tax amount:$8,895 (2024)

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Ceiling Fans, Fire Alarm, Programmable Thermostat
Copyright 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

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