#78922105, Ryan DeGennaro, Listing office: CORE Group
Property details
About 1001 W Lobitt St
Turnkey 8-Unit Multifamily Investment – Renovated & Income-Producing! The beautifully renovated 8-unit complex offers steady rental income and additional revenue from an on-site coin-operated laundry facility located in a separate building. This property sits on a quiet corner lot in a residential neighborhood near downtown Alvin, TX just ~ 30 miles from Houston and Galveston, making it ideal for commuters and long-term tenants alike. All 8 units are 1-bedroom/1-bath thoughtfully designed for comfort and functionality: *Renovated in 2024 with quality upgrades throughout * Modern kitchens with full-size appliances, stone countertops & tile backsplash * Ceiling fans in both the living room & bedroom * Private entry, individual parking, and separate electric meters for each unit *Attractive brick and wood plank siding for lasting curb appeal. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only for qualified buyers with Proof of Funds. Contact the listing agent today!
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Microwave, Refrigerator
- Flooring Type: Vinyl
- Interior: Stone Counters, Ceiling Fan(s), Programmable Thermostat
- Total Bedroom Count: 1
- Heating: Other
- Cooling: Window Unit(s)
- List Price: $595,000
- Price/SqFt: $181
- Annual Tax Amount: $9,860
- Tax Year: 2022
- Lot: Corner Lot
- Directions: From State Hwy 288 S, follow Hwy 6 S to 2nd St. Turn right on 2nd St. and left onto Lobitt St.
- Year Built: 1967
- Stories: 1
- Living Area: 3,281 SqFt
- MLS Number: 95663996
- MLS Name: HAR
- Office Name: JLA Realty
- Office Phone: (713) 489-8130
- Office Email: jaltic@jlarealestate.com
- Listing Agent: Susan Rideau
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Last updated on: 7/25/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $365,040 | $- |
2022 | $359,480 | $9,860 |
2020 | $99,100 | $2,861 |
2019 | $91,920 | $2,527 |
2018 | $84,160 | $2,665 |
2017 | $88,580 | $3,629 |
History based on county public records data.
Nearby schools
5
Hood-Case Elementary School
Public District PK-5
0.7 mi
•1450 Heights Rd
7
Melba Passmore Elementary School
Public District PK-5
0.8 mi
•600 Kost Rd
4
Bill Hasse Elementary School
Public District PK-5
1.5 mi
•1200 E House St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,930. Typical income of Alvin, TX residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1001 W Lobitt St
The listing price of 1001 W Lobitt St property is $595,000.
The property 1001 W Lobitt St is a multi located in Alvin, Texas, 77511.
Active Listing: 1001 W Lobitt St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1001 W Lobitt St are: Hood-Case Elementary School (GreatSchools Rating 5/10), Melba Passmore Elementary School (GreatSchools Rating 7/10), Bill Hasse Elementary School (GreatSchools Rating 4/10), G.W. Harby Junior High School (GreatSchools Rating 6/10), Jackie Doucet Caffey Junior High School (GreatSchools Rating 7/10), Fairview Junior High School (GreatSchools Rating 7/10), Rise (GreatSchools Rating 5/10), Alvin High School (GreatSchools Rating 5/10), Iowa Colony High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $9,860 (source: MLS/based on county public records data).
The property 1001 W Lobitt St is 3,281 SqFt (source: MLS/tax record).
The year of construction for 1001 W Lobitt St is 1967.
This home is located at 1001 W Lobitt St in Alvin, TX and zip code 77511. This 3,281 square foot home was built in 1967. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $595,000.
Over 8 listings were sold over their listed price in June 2025 in Alvin, TX. In the same period over 17 listings were sold below the listed price and 7 listings were sold for the listed price. Between May and June 2025, Alvin, TX real estate market has seen increase in the number of listings by 12.3%. In June 2025 median list price was $296,000 and the average listing age was 62 days.