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$285,000

Beds
3
Baths
2.0
sq ft
1,433

5150 Morgans Landing Ln, Alvin, TX 77511

5150 Morgans Landing Ln

Alvin, TX 77511

  • 12 days on market
Welcome to this charming home in the highly sought-after Morgans Landing subdivision! This well-maintained, single-owner residence is ideally situated on a corner lot across from the elementary school. Designed for wheelchair accessibility, it offers wide hallways and an oversized walk-in shower in the primary bathroom. The newly renovated kitchen boasts new backsplash and countertops, stainless steel appliances, soft-close cabinetry, and a spacious pantry. Fresh paint throughout the home enhances its bright and inviting atmosphere, while brand-new carpet complements the stylish vinyl plank flooring. Outside, a brand-new fence adds privacy and curb appeal. Residents of Morgans Landing benefit from convenient access to outdoor amenities, including the 42-acre Bob Briscoe Park, which features sports fields, walking trails, a dog park, a playground, picnic areas, and a fishing pond. Golf enthusiasts will appreciate the close proximity to the nine-hole course at Hillcrest Golf Club

Details

Property type

Single Family Residence

Est. home value

$254,529

Lot size

7,527 sq ft

Price per sq ft

$199

Year built

2015

Annual property taxes

$6,297

Price History

02/11/2025
Houston

Houston #91625125

Listed
$285,000
05/26/2023
Houston

Houston #18747170

Removed

Schools & Community

Elementary school: 

WALT DISNEY ELEMENTARY SCHOOL

Middle school: 

ALVIN JUNIOR HIGH SCHOOL

High school: 

ALVIN HIGH SCHOOL

School district: 

Alvin

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$49,833
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$212,367
Cash to seller
$49,833

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$216,665

Est. remaining balance

$212,367

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Jorge Mercado and Theresa Mercado

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 8:25 PM

Listing updated: 02/12/2025 at 4:03 AM

Listed by: Ozzie Ramirez, AEA Realty, LLC Phone #: (281) 317-0019

MLS: Houston #91625125

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