503 N 5th St

$260,000
Price
240 Sq. Ft.
$1,083 / Sq. Ft.
240
Sq. Ft.
$1,083
per Sq. Ft.

Description

Big lot outfitted with four small rental houses offers a compelling mix of space, income potential, and flexibility. Whether you're aiming to invest for cash flow, create a mixed-use property, or simply enjoy the benefits of owning multiple homes in one location, it's a smart, multifaceted real estate opportunity.Big lot outfitted with four small rental houses offers a compelling mix of space, income potential, and flexibility. Whether you're aiming to invest for cash flow, create a mixed-use property, or simply enjoy the benefits of owning multiple homes in one location, it's a smart, multifaceted real estate opportunity.
  1. Listed by Gilbert Garcia Ayala • TREC #0748532 • AroundTown Properties Inc
    P: (832)-836-7779 gilbert@yourhouseinhouston.com

Property Details for 503 North 5th Street

Subdivision Name
Easton Alvin
LISTING UPDATED: 08/19/2025 07:25 PM

Property Details for 503 North 5th Street

StatusActive
MLS #83579738
Days on Market141
Taxes$4,034 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential Income / Detached
Year Built1945
Lot Size0.11 AC / 5,001 SF
CountyBrazoria County

Location

Listing Courtesy of AroundTown Properties Inc, Gilbert Garcia Ayala, TREC #0748532
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Building Information for 503 North 5th Street

Stories1Year Built1945Building Size-Lot Size0.11 AC / 5,001 SF

Payment Calculator

$1,603 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,267

Property Taxes

$336

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503 North 5th Street

Summary
Location and General Information
  • Directions: Coming from Hwy 6, turn on N 2nd St, then turn right on W. Talmadge St. Will be corner lot to the right.
  • Map Coordinate: 695Q
  • MLS Area Major: 5
  • MLS Area Minor: Alvin Area
  • Unparsed Address: 503 N 5th Street
Taxes and HOA
  • Tax Annual Amount: $4,034
  • Tax Legal Description: EASTON (ALVIN) BLK 29 LOT 11-12 (PT)
  • Tax Year: 2024
School Information
  • Elementary School: MELBA PASSMORE ELEMENTARY SCHOOL
  • Elementary School District: 3 - Alvin
  • High School: ALVIN HIGH SCHOOL
  • Middle Or Junior School: FAIRVIEW JUNIOR HIGH SCHOOL
Property
Lot Information
  • Living Area: 240.0
  • Living Area Source: Appraiser
  • Lot Size Acres: 5001.0
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
Property and Assessments
  • Disclosures: None
  • New Construction YN: No
  • Parcel Number: 3690-0203-000
  • Property Sub Type: Free Standing, Detached
  • Property Type: Single-Family, Multi-Family, ResidentialIncome
  • Public Survey Section: 5
  • Year Built Source: PublicRecords
Interior and Exterior Features
Exterior Features
  • Pool Area: No
  • Roof: Composition
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Heating: Central, Electric
  • Heating YN: Yes
  • Levels: One
  • Stories: 1
Room Information
Room Information
  • Human Modified YN: Yes
Multi Family
Income & Expenses
  • Operating Expense Includes: RealEstateTax
Multi Family Information
  • Number Of Units Total: 4

Property History for 503 North 5th Street

DateEvent & SourcePriceAppreciation
Aug 19, 2025

Listed (Active)

HARMLS #83579738

$260,000
DateEvent & SourcePrice
08/19/2025

Listed (Active)

HARMLS #83579738

$260,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 North 5th Street

Taxable ValueLand$16,370Additions$45,492Total$61,862
Tax Record2024$3,913 ($326 / month)
Home Facts
Beds0Baths3Total Finished SqFt240 SqFtAbove Grade Finished SqFt240 SqFtStories1Lot Size5,001 SqFtStyleSingle Family ResidenceYear Built1945Year Renovated2000CountyBRAZORIAAPN3690-0203-000

Schools near 503 North 5th Street

This home is within Alvin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Melba Passmore Elementary School
PublicPK to 5

Fairview J High School
Public6 to 8

Alvin High School
Public8 to 12

RISE Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

503 North 5th Street is a single family home for sale in Alvin, TX 77511. This property was listed for sale on August 19, 2025 by AroundTown Properties Inc, it's currently listed at $260,000. This listing's school district is Alvin Independent School District. Nearby schools include Melba Passmore Elementary School, Fairview J High School and Alvin High School. 503 North 5th Street is a 0-bed, 3-bath, 240 sqft single family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AroundTown Properties Inc, Gilbert Garcia Ayala, TREC #0748532

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