813 CEDAR LAWN DR
ALVIN, TX 77511
List Price
$289,000
Initial Investment
$78,753Purchase Price
$289,000
Down Payment
25%
Rent
$2,450
Total Return
$108,181
Annualized Return
18.7%
Cap Rate
5.5%
Gross Yield
10.2%
Cash Flow
-$931
Appreciation
6.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
15,795
HOA
None
COMPLETELY RENOVATED HOME ready for you to move in. Kitchen has all NEW Samsung appliances. Family Room plus a Bonus space that can be used as a Dining Room/Living Room Combo or use this extra area for a Huge playroom or gym. Luxury Vinyl floors throughout. Granite Countertops. Neutral Paint throughout. Exterior Roof has been replaced. HVAC is less than 2 years old. Plumbing and Electrical have been replaced. Driveway is new concrete. Fully Fenced Backyard for privacy. Porte-cochère was added to the front porch for charm. Look out your front picturesque windows to no neighbors and open views. WALKING DISTANCE to Alvin High School, Alvin Little League Baseball Fields, Alvin Stadium, Tennis courts, Baseball fields and Softball fields. You are in the heart of the town to enjoy ease to get to everything from stores, restaurants, & more.
See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146
Annual Financial Highlights
Expected Rent
$27,930Expenses
-$5,299Property Taxes
-$7,850Loan Payments
-$15,712Net Cash Flow
-$931See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Certified Agent Brokerage:Ariana White
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SourceHouston Association of REALTORS®
MLS #48762678
Last Updated: 03/19/2025 20:03
MLS #48762678
Last Updated: 03/19/2025 20:03