OFF MARKET

Last listed at $499,000, SOLD ON Oct 2020

—

Studio

•

1 ba

•

3,600

sq ft

2002 Mustang Rd, Alvin, TX 77511

About this home

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!

Multi-familyProperty Type

1969Year Built

0.77 acresLot Size

$139Price/Sq.Ft.

Listed by Kevin Jones • Keller Williams Realty Clear Lake / NASA

Bought with Elizabeth Bui • eXp Realty LLC

Redfin checked: 3 minutes ago

•Source:HARMLS #61394622

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 77511, TX

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.0%

+1.2% MoM

Median sale price

$305K

$2K MoM

Avg. days on market

50d

8 days MoM

Recently sold homes

153

17 MoM

New listings for sale

OPEN SUN, 2PM TO 4PM
511 Debbie Ln, Alvin, TX 77511
$195,000
3 beds1.5 baths1,167 sq ft
511 Debbie Ln, Alvin, TX 77511
NEW 17 HRS AGO
$305,000
4 beds2 baths1,795 sq ft
731 Rim Water Dr, Alvin, TX 77511
$199,900
3 beds1 bath1,424 sq ft
1012 W Adoue St, Alvin, TX 77511
OPEN SAT, 1PM TO 3PM
$448,000
3 beds2 baths1,756 sq ft
142 Happy Hollow St, Alvin, TX 77511
VIDEO TOUR
$329,500
4 beds2 baths2,131 sq ft
1849 Kenley Way, Alvin, TX 77511
OPEN SAT, 11AM TO 1PM
$319,000
3 beds2 baths1,854 sq ft
5186 Dry Hollow Dr, Alvin, TX 77511
$140,000
4 beds2 baths2,372 sq ft
222 E Southland Ave, Alvin, TX 77511
$825,000
8 beds5 baths2,959 sq ft
5930 County Road 396, Alvin, TX 77511
$279,500
3 beds2 baths1,567 sq ft
213 Rippling Creek Ln, Alvin, TX 77511
$199,500
3 beds2 baths1,687 sq ft
4850 Slade Ben Ln, Alvin, TX 77511
See all

Provided by Redfin

Sale history for 2002 Mustang Rd

Date

Event

Price

HARMLS #61394622

Oct 6, 2020

Sold

$425K - $490K

Sep 12, 2020

Pending

—

Sep 1, 2020

Listed

$499,000

$139/sq ft

HARMLS #51841429

Jun 30, 2020

Pending

—

Jun 25, 2020

Listing Removed

—

May 29, 2020

Listed

$524,500

$146/sq ft

HARMLS #24050749

Apr 10, 2020

Listing Removed

—

Apr 1, 2020

Price Changed

$499,000

$139/sq ft

Mar 23, 2020

Price Changed

$510,000

$142/sq ft

Feb 21, 2020

Relisted

—

Feb 19, 2020

Pending

—

Feb 13, 2020

Price Changed

$549,000

$153/sq ft

Feb 11, 2020

Listed

$625,000

$174/sq ft

HARMLS #63105882

Dec 18, 2019

Listing Removed

—

Oct 14, 2019

Price Changed

$545,000

$151/sq ft

Oct 1, 2019

Price Changed

$575,000

$160/sq ft

Oct 1, 2019

Relisted

—

Aug 19, 2019

Listing Removed

—

Jul 31, 2019

Price Changed

$595,000

$165/sq ft

Jun 24, 2019

Price Changed

$634,500

$176/sq ft

Jun 12, 2019

Price Changed

$639,000

$178/sq ft

May 29, 2019

Listed

$649,000

$180/sq ft

HARMLS #94063077

Apr 15, 2019

Listing Removed

—

Apr 8, 2019

Price Changed

$695,000

$193/sq ft

Mar 20, 2019

Price Changed

$725,000

$201/sq ft

Jan 24, 2019

Listed

$615,000

$171/sq ft

HARMLS #90855446

Mar 7, 2018

Sold

$245K - $280K

Feb 15, 2018

Pending

—

Dec 14, 2017

Listed

$397,000

$110/sq ft

HARMLS #42090785

Dec 28, 2016

Sold

$160K - $185K

Dec 8, 2016

Pending

—

Sep 20, 2016

Listed

$190,000

$53/sq ft

HARMLS #89317747

Sep 19, 2016

Listing Removed

—

May 7, 2016

Listed

$190,000

$53/sq ft

HARMLS #1134048

Feb 6, 2008

Listing Removed

—

Apr 27, 2007

Listed

$105,000

$29/sq ft

HARMLS #3606856

Feb 26, 2008

Listing Removed

—

Apr 27, 2007

Listed

$105,000

$29/sq ft

HARMLS #9060164

Mar 24, 2007

Listing Removed

—

Sep 25, 2006

Listed

$105,000

$29/sq ft

HARMLS #619286

Feb 24, 2002

Listing Removed

—

Aug 24, 2001

Listed

$165,000

$46/sq ft

HARMLS #547272

Jun 23, 2001

Listing Removed

—

Jan 18, 2001

Listed

$165,000

$46/sq ft

* Price is not available or MLS listing is off market.

Year

Property tax

Land + Additions

Assessment*

2026

$5,197 (+17.9%)

$42,960 + $169,480

$212,440

2025

$4,407 (−0.7%)

$39,890 + $140,260

$180,150

2024

$4,440 (−1.1%)

$39,890 + $140,260

$180,150

2023

$4,490 (+14.5%)

$39,890 + $140,260

$180,150

2022

$3,922 (−4.9%)

$44,180 + $98,820

$143,000

2021

$4,126

$44,180 + $98,820

$143,000

2020

$4,128 (+0.9%)

$44,180 + $98,820

$143,000

2019

$4,091 (+55.9%)

$36,820 + $102,960

$139,780

2018

$2,624 (−6.6%)

$36,820 + $50,530

$87,350

2017

$2,809 (−1.2%)

$36,820 + $56,520

$93,340

2016

$2,844 (+12.5%)

$36,820 + $56,520

$93,340

2015

$2,529 (+16.9%)

$36,820 + $56,520

$93,340

2014

$2,163 (+0.8%)

$30,680 + $38,930

$69,610

2013

$2,146 (+0.2%)

$30,680 + $38,930

$69,610

2012

$2,142 (−2.2%)

$30,680 + $40,510

$71,190

2011

$2,191 (+1.0%)

$30,680 + $40,510

$71,190

2010

$2,169 (+11.9%)

$30,680 + $42,100

$72,780

2009

$1,938

Tax history for 2002 Mustang Rd

Year

Property tax

Land + Additions

Assessment*

2026

$5,197 (+17.9%)

$42,960 + $169,480

$212,440

2025

$4,407 (−0.7%)

$39,890 + $140,260

$180,150

2024

$4,440 (−1.1%)

$39,890 + $140,260

$180,150

2023

$4,490 (+14.5%)

$39,890 + $140,260

$180,150

2022

$3,922 (−4.9%)

$44,180 + $98,820

$143,000

2021

$4,126

$44,180 + $98,820

$143,000

2020

$4,128 (+0.9%)

$44,180 + $98,820

$143,000

2019

$4,091 (+55.9%)

$36,820 + $102,960

$139,780

2018

$2,624 (−6.6%)

$36,820 + $50,530

$87,350

2017

$2,809 (−1.2%)

$36,820 + $56,520

$93,340

2016

$2,844 (+12.5%)

$36,820 + $56,520

$93,340

2015

$2,529 (+16.9%)

$36,820 + $56,520

$93,340

2014

$2,163 (+0.8%)

$30,680 + $38,930

$69,610

2013

$2,146 (+0.2%)

$30,680 + $38,930

$69,610

2012

$2,142 (−2.2%)

$30,680 + $40,510

$71,190

2011

$2,191 (+1.0%)

$30,680 + $40,510

$71,190

2010

$2,169 (+11.9%)

$30,680 + $42,100

$72,780

2009

$1,938

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.35 Acres

Year renovated

—

Sq. Ft.

2,000

Year built

1969

Style

Multi-Family (2-4 Unit)

County

Brazoria County

APN

2570-0004-110

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 21, 2026.

Property details

Interior

Bathroom Information
# of Baths (Full): 1

Heating & Cooling Information
Heating System: Window Unit
Cooling System: Window Units

Other Interior Features
Ceiling Fans
Floors: Tile

Multi-Family Information
Owner's Operating Expenses: Insurance, Maintenance/Repair, Taxes, Trash Collection
Tenancy Type: 1 Year

Unit 1 Information
Unit Type: 1 Bedroom
# of Units: 8

Exterior

Building Information
Siding: Wood
Roof: Composition
Occupancy: Under 10% Vacancy

Lot Information
Section Num: 4
Legal Lot Description: CEDAR LANE (ALVIN) LOT A-A2B (PT)
Lot Description: Other

Building
Unit Total: 8

Financial

Tax Information
Tax ID #: 2570-0004-110
Tax Amount: $7,905
Tax Year: 2019
Total Tax Rate (%): 2.9268

Financial Information
Financing Available: Cash Sale, Conventional

Utilities

Utilities Information
Electric, Water

Location

School Information
School District: Alvin
School Elementary: WALT DISNEY ELEMENTARY SCHOOL
School Middle: ALVIN JUNIOR HIGH SCHOOL
School High: ALVIN HIGH SCHOOL

Location Information
Area: Brazoria County
Directions: FM 528 to South on Alvin Bypass to Right on Mustang Rd to address.
MLS Map Page and Grid: 695Z

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,000
Stories: 2.0
Lot Size: 0.35 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1969
Year Renovated: —
County: Brazoria County
APN: 2570-0004-110

Home facts updated by county records on Aug 21, 2026

Other

Miscellaneous Information
Is IDX Opt In

Listing Information
Exclusive Right to Sell/Lease

Listing Office & Agent Information
List Agent Email: team@kevinallenjones.com

Around this home

Schools

R L Stevenson Primary School

Public PreK-2 • Assigned • 2.0mi

Alvin Junior High School

Public 6-8 • Assigned • 1.7mi

6/10

Alvin High School

Public 9-12 • Assigned • 1.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

9/10 Heat Factor

5 days above 108° expected this year, 18 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Alvin, TX • 77511

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 4.7 hours in December, which is comparable to the U.S. average for solar exposure.

9.6 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 77511

OPEN SUN, 2PM TO 4PM

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511 Debbie Ln, Alvin, TX 77511

NEW 17 HRS AGO

$305,000

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731 Rim Water Dr, Alvin, TX 77511

$199,900

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1012 W Adoue St, Alvin, TX 77511

OPEN SAT, 1PM TO 3PM

$448,000

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142 Happy Hollow St, Alvin, TX 77511

VIDEO TOUR

$329,500

4 beds2 baths2,131 sq ft

1849 Kenley Way, Alvin, TX 77511

OPEN SAT, 11AM TO 1PM

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5930 County Road 396, Alvin, TX 77511

$279,500

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Home values near 2002 Mustang Rd

Data from public records.

Address	Redfin Estimate
1905 Mustang Road, Alvin, TX - Beds \| 2 Baths \| 2271 Sq. Ft.	$162,816
121 Cedar Lane, Alvin, TX - Beds \| 2 Baths \| 864 Sq. Ft.	$170,881

Address	Redfin Estimate
1904 Mustang Road, Alvin, TX 20 Beds \| - Baths \| 14494 Sq. Ft.	—
125 Cedar Lane, Alvin, TX - Beds \| 2 Baths \| 1926 Sq. Ft.	$245,436

Address	Redfin Estimate
2006 Mustang Road, Alvin, TX - Beds \| 2 Baths \| 1552 Sq. Ft.	$198,139
1749 Glenview Drive, Alvin, TX - Beds \| 2 Baths \| 1797 Sq. Ft.	$220,608

Property information provided by HARMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 77511, TX

Sale history for 2002 Mustang Rd

Tax history for 2002 Mustang Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 77511

Home values near 2002 Mustang Rd

More real estate resources