Renovated Multifamily Asset in
For Sale
Contact for pricing
601 E Coombs St, Alvin, TX 77511
20-unit multifamily property in Alvin, TX, renovated in 2019.
Property Size17,408 SF
Lot Size0.72 Acres
Price / SF$94.78
Days on Market104
Property Features for 601 E Coombs St
General Information
Standard status
Active
Size
17,408 SF
Lot size
0.72 Acres
Property subtype
Multifamily
Investment Type
Stabilized
Net Operating Income
$112,333
Building Details
Year Built
1976
Year Renovated
2019
Stories
2
Units
20
Tenancy
Multi
Listing Agency:
Hunington Properties
(713) 316-7059
Listed By:
Ryan DeGennaro · License #TX 9004042
Source:
Crexi
Added: May 15
Changed: Aug 25
Last Checked: Aug 24 at 9:34PM
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 Hunington Properties
Investment Insights
Based on property information with market context.
The Bayou Drive Apartments, located in Alvin, TX, approximately 30 miles south of downtown Houston, is a multifamily asset featuring 20 units. Constructed in 1976 and extensively renovated in 2019, the property is situated on approximately 0.72 acres. Each unit offers two bedrooms and one bathroom within an approximate area of 850 square feet. The property has a total size of 17408 square feet. Alvin benefits from strong rental demand due to its location as a hub for Gulf Coast commerce, including Galveston, the Port of Houston, and numerous oil and chemical companies. A comprehensive capital improvement program has been implemented, including a new roof, exterior enhancements, fence replacement, and parking lot resurfacing, along with complete renovations of all 20 units. The property is in strong physical condition, presenting a seamless addition to any investor's portfolio with no major capital needs anticipated. The location ensures a stable tenant base, offering a well-maintained foundation with a clear path to meaningful upside.
Key Highlights
- Fully renovated in 2019, all 20 units are 2 bed/1 bath and approximately 850 SF.
- Located in Alvin, TX, a hub for Gulf Coast commerce with strong rental demand.
- Extensive capital improvements completed, including a new roof, exterior work, fence replacement, and parking lot resurfacing.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Explore this area
Business Placement
Demographics for 77511, TX
51,093
Population
20,499
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
83%
High-School Grad
150.1 sq mi
ZIP Area
340
Density / Sq Mi
$77,015
Median Household Income
$43,119
Median Earnings
$1,213
Median Rent
$218,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 20-unit multifamily property in Alvin, TX, renovated in 2019.
Where is this apartment building located?
The property is located at 601 E Coombs St Alvin, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fully renovated in 2019, all 20 units are 2 bed/1 bath and approximately 850 SF.; Located in Alvin, TX, a hub for Gulf Coast commerce with strong rental demand.; Extensive capital improvements completed, including a new roof, exterior work, fence replacement, and parking lot resurfacing.
