3156 HIGHWAY 35 Alvin TX 77511-2899

Build Your Dream in the Heart of Alvin Discover 2.3 acres of beautiful land in Alvin, Texas — the perfect canvas for your custom home or private homestead.​ Tucked away in a peaceful country setting, this property offers the charm and tranquility of rural living while still providing convenient access to town amenities, shopping, dining, and an easy commute toward Houston or the Gulf Coast.​ Mature trees are scattered throughout the property, offering natural shade, and privacy.​ Whether you envision a modern farmhouse, barndominium, or traditional custom build, this acreage provides ample space for gardens, a workshop, animals, or simply room to roam.​ With plenty of open space and endless potential, this tract is ideal for those looking to create their own homestead lifestyle — think chickens, raised garden beds, fruit trees, and wide-open skies.​ Opportunities like this — manageable acreage with trees and a true country feel — don’t come along often.​ Additional tracts available.​

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  2.3 ACRES

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  CLOSE TO TOWN AMENITIES, SHOPPING AND DINING

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  EASY COMMUTE TOWARDS HOUSTON OR THE GULF COAST

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  IDEAL LOCATION TO BUILD A MODERN FARMHOUSE, BARNDOMINIUM, OR TRADITIONAL CUSTOM BUILD

The French Quarters Residence is a 40-unit gated-community located in Alvin, Texas. Alvin is a commuter suburb of Houston and is part of the booming Galveston/Brazoria sub-market.

Designed and well-built in 1961, the property features a garden-style architecture with predominately brick veneer exterior and pitched roofs that were replaced in 2008, a roofer has recently fixed all leaks. Residents enjoy cozy two-bedroom units designed with comfort and modern living in mind featuring new black appliances and tile flooring. The complex consists of four buildings and an adjacent leasing center that enjoys extensive frontage along a major highway, S Loop 35. S. Loop 35 (the Hwy 35 Bypass) and Mustang Road, and boasts a daily traffic count of over 19,000. This is a major drive-by location.

It is less then one-half mile from Alvin Community College. The college is home to a student body of over 5,000 students and over 500 employees. The property is approximately 21 miles from downtown Houston.

The property fell into disrepair and a new owner took over and started a partial rehab which includes:

New sheetrock

New copper wiring

New A/C or modified to meet code

New wood cabinets with soft close device

Quartz and wood countertops

Luxury, walk-in showers

Black or stainless steel appliances

Gas stoves

Wired smoke detectors

Plumbing drains are new PVC

New fans and fixtures

The property has pitched roofs estimated to be 13 years old. Four buildings with four boilers. The ground drain lines are cast iron. There are 21 Classic Units which rent for $800 - $900. There are 19 completely remodeled units which rent for $975 - $1,100. A RUBS was implemented in December 2022 for water/gas/trash/and pest control (about 66% implemented). Tenant pays electricity.

♦ Strong blue collar profile

♦ Great job base in the Alvin/Brazoria area

♦ Excellent access to major employment centers

♦ Alvin is a strong sub-market of Houston

♦ Blue/White collar tenant profile

♦ Good drive-by, on Main Hwy 35

♦ Improving occupancy

♦ 19 units have received a complete remodel

♦ Remodeled units get $175/$200 bump

♦ Ideal for the Smaller Investor