Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 County Road 138 Alvin, TX 77511

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $165,000

    One-acre property with barn, mature trees, and convenient location.

    Added:
    Apr 30, 2025
    Days on Market:
    361
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 00 County Road 138

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    JULIE NASH

    Listing agent JULIE NASH

    Listing office AM REAL ESTATE GROUP, LLC

    Listing date Apr 30, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of AM REAL ESTATE GROUP, LLC

    Overview

    Unrestricted Acreage Between Alvin, Manvel

    This one-acre property is located between the city limits of Alvin and Manvel, Texas. The land features mature trees, offering a private setting. A versatile barn provides space for storage, a workshop, or agricultural activities. With no restrictions, the property allows for building a custom home or establishing a hobby farm. The location provides access to amenities and major roadways in Alvin and Manvel. It is located in Brazoria County, approximately 40 minutes from Downtown Houston.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.2944
    Latitude
    29.4345

    Nearby Similar for Sale

    • $799,000
      12,000 SF

      Alvin Commercial Campus on Corner

      4-acre commercial campus near Grand Parkway with income potential.
      831 FM 2917, Alvin, TX 77511
      View Details
    • $999,000
      9,225 SF

      Alvin Warehouse For Sale

      9,225 square foot warehouse on 0.39 acres in Alvin.
      601 S. GORDON ST., Alvin, TX 77511
      View Details
    • $320,000
      87,120 SF

      20 Acres Land in Alvin

      20 acres of land available in Alvin, Texas.
      FM 2917, Alvin, TX 77511
      View Details
    • $725,000
      5,218 SF

      Mixed-Use Property on Corner Lot

      Versatile mixed-use property with residence, workshop, and open concept building.
      2900 W Highway 6, Alvin, TX
      View Details
    • $875,000
      3,240 SF

      Highway 6 Warehouse Opportunity

      3,240 SF warehouse on 4.26 acres in Alvin, TX.
      3790 E Hwy 6, Alvin, TX 77511
      View Details
    • $350,000

      Prime Commercial Tract on Highway

      One-acre tract on State Highway 35, ideal for development.
      860 S Highway 35 Bypass, Alvin, TX 77511
      View Details
    • $349,000
      3,456 SF

      Versatile Metal Building on FM 2403

      1-acre property with metal building near future Highway 99.
      6907 FM 2403 RD A, Alvin, TX 77511
      View Details
    • $1,699,000
      12,240 SF

      Renovated Storage Facility For Sale

      Newly renovated storage facility in a market with low vacancy.
      1817 Callaway Drive, Alvin, TX 77511
      View Details
    • $2,000,000

      Highway 35 Land Opportunity

      18.14 acres on Highway 35 in booming Alvin, TX.
      5690 N Highway 35, Alvin, TX 77511
      View Details
    • $350,000

      10-Acre Ag-Exempt Land Parcel

      10-acre ag-exempt land parcel for sale in Alvin, Texas.
      13012 County Road 184, Alvin, TX 77511
      View Details
    • $389,900

      Improved Equestrian Property in Alvin

      5-acre equestrian property with barn, pond, and pasture.
      2720 County Road 159, Alvin, TX 77511
      View Details
    • $12

      Renovated Triplex in Alvin, Texas

      Fully renovated triplex near downtown Alvin, ready for immediate leasing.
      211 W South St, Alvin, TX 77511
      View Details

    FAQs

    What type of property is this?
    Land - One-acre property with barn, mature trees, and convenient location.
    Where is this land located?
    The property is located at 00 County Road 138 Alvin, TX.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Large 1‑acre property with mature trees offering privacy and a serene setting.; Unrestricted land allows for building a custom home or establishing a hobby farm.; Conveniently located between Alvin and Manvel, providing easy access to amenities and major roadways.
    (832) 422-0076
    We can help!
    Listing Contact
    JULIE NASH
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!