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2002 Mustang Rd, Alvin, Texas – $499,000

  • $499k Price
  • 1 Bed
  • 1 Bath
  • 3,600 Sqft
  • $499k Price
  • 1 Bed
  • 1 Bath
  • 3,600 Sqft

2002 Mustang Rd

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!

Essential Information

  • MLS® #24050749
  • Price$499,000
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Square Footage3,600
  • Square Footage15342
  • Acres0.00
  • Year Built1969
  • TypeMulti-Family
  • Sub-Type5 Plus
  • StatusActive

Community Information

  • Address2002 Mustang Rd
  • Area5 - Brazoria County
  • SubdivisionCedar Lane Alvin
  • CityAlvin
  • CountyBrazoria
  • StateTexas
  • Zip Code77511-4473

Amenities

  • UtilitiesElectric, Water
  • FeaturesPatio

Interior

  • HeatingWindow Unit
  • CoolingWindow Units
  • # of Stories2.00

Exterior

  • Lot DescriptionOther
  • RoofComposition

School Information

  • District3 - Alvin
  • ElementaryWALT DISNEY ELEMENTARY SCHOOL
  • MiddleALVIN JUNIOR HIGH SCHOOL
  • HighALVIN HIGH SCHOOL

Additional Information

  • Days on Website50

Listing Details

  • OfficeKeller Williams Realty
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Price Change History for 2002 Mustang Rd, Alvin, Texas (MLS® #24050749)

Date Details Change
Price Reduced from $510,000 to $499,000 $11,000 (2.16%)
Price Reduced from $549,000 to $510,000 $39,000 (7.10%)
Status Changed from Option Pending to Active
Status Changed from Active to Option Pending
Price Reduced from $625,000 to $549,000 $76,000 (12.16%)

Keller Williams Realty.

Copyright © 2020, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.

The 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. All information provided is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified.

Listing information last updated on April 4th, 2020 at 2:55pm CDT.