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For sale
  • Price increase: $10K (5/23)
    $595,000

    1001 W Lobitt St, Alvin, TX 77511

    1beds
    3,281sqft
    : 
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    Multi Family
    Built in 1967
    -- sqft lot
    $559,200 Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Tile backsplashStone countertopsWalk-in closetsIndividual parkingPrivate entry
    Turnkey 8-Unit Multifamily Investment - Renovated & Income-Producing! NEW ROOF 4/2026! This complex offers steady rental income & additional revenue from the brand NEW coin-operated washer & dryer located in a separate laundry room. The property sits on a 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: * New roof 2026. Cosmetic renovations in 2024 with quality upgrades throughout * 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 * PLEASE DO NOT DISTURB TENANTS. Showings by appointment only for qualified buyers with proof of funds/lender pre-approval.
    50 days
    |
    168
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Rideau TREC #0738913 713-498-6928,

    JLA Realty

    Source: HAR,MLS#: 39540693MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Window Unit
      Cooling
      • Ceiling Fan(s), Window Unit(s)
      Appliances
      • Included: Range, Refrigerator
      • Laundry: Common Area
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 3,281
      • Total interior livable area: 3,281 sqft

      Property

      Parking
      • Parking features: One Parking Unit
      Features
      • Stories: 1
      Lot
      • Size: 8,550 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 22600018000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Wood Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Utilities for property: Electricity Available, Natural Gas Connected, Water Connected
      Green energy
      • Energy efficient items: Thermostat

      Community & HOA

      Community
      • Subdivision: Bruner Alvin
      Location
      • Region: Alvin

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $370,620
      • Annual tax amount: $8,895
      • Date on market: 5/23/2026
      • Listing terms: Cash,Conventional,Investor
      • Lease term: 1 Year

        Estimated market value

        $559,200

        $531,000 - $587,000

        $1,072/mo

        Price history

        DateEventPrice
        5/23/2026Price change$595,000+1.7%$181/sqft
        Source: HAR #39540693 Report a problem
        11/4/2025Price change$585,000-1.7%$178/sqft
        Source: HAR #95663996 Report a problem
        8/22/2025Listing removed$750
        Source: Zillow Rentals Report a problem
        5/30/2025Listed for sale$595,000+24%$181/sqft
        Source: HAR #95663996 Report a problem
        3/26/2025Listed for rent$750
        Source: Zillow Rentals Report a problem
        12/1/2021Listing removed--
        Source: RE/MAX International Report a problem
        9/27/2021Pending sale$479,900$146/sqft
        Source: HAR #38074914 Report a problem
        9/4/2021Listed for sale$479,900$146/sqft
        Source: HAR #38074914 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,066 +1.9%$370,620 +2.7%
        2024$8,895 -2.2%$360,910 -1.1%
        2023$9,099 -7.7%$365,040 +1.5%
        2022$9,860 +244.8%$359,480 +262.7%
        2021$2,859 +99.9%$99,100
        2020$1,431 -46.8%$99,100 +7.8%
        2019$2,690 +0.9%$91,920 +9.2%
        2018$2,665 $84,160 -5%
        2017$2,665 +3.9%$88,580 -25.6%
        2016$2,566 $119,100 +37.4%
        2015$2,566 $86,690 +5%
        2014$2,566 $82,560
        2012-- $82,560 +6.4%
        2011-- $77,600 -13.5%
        2009-- $89,720 +22.5%
        2008-- $73,270 +9.7%
        2006-- $66,820
        2005-- $66,820 -5.6%
        2004-- $70,750 +31%
        2003-- $54,020 -8.1%
        2002-- $58,800 +21%
        2001-- $48,590
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 77511

        Getting around

        41 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alvin Elementary School
        • Middle: Fairview Junior High School
        • High: Alvin High School

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

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