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General Description

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37.53 acres with 475 ft of FM 517 frontage, less than one mile to Highway 35 and easy access to I-45. Unrestricted property that can be used as subdivision development, RV Park, storage buildings, single family, or farm and ranch. The property includes a 1 acre lake and pond and is currently Ag Exempt. The dwelling on the property is probably a tear down. There is also a nice metal storage building. Check out all the possibilities that this prime acreage has to offer. This property did not flood in Harvey.

MLS#:

76021947 (HAR)

Sold Price Range:

$1,082,001 - $1,242,000

Listing Status:

Sold

Address:

2914 Fm 517 W

City:

Alvin

State:

Zip Code:

77511

County:

Galveston County

Subdivision:

I & Gnrr A-600 Sub (View subdivision price trend)

Legal Description:

ABST 600 PAGE 1 & 2 LOTS 24,41 & PT OF LOTS 23 & 42 I & GN R

Property Type:

Lots

Lot Size:

37.53 Acres /Appraisal District

Key Map©:

696R

Market Area:

Santa Fe

Exterior Features

Lot Description:

Can Be Subdivided, Level, Open, Partially Wooded, Wooded

Controlled Access:

Driveway Gate

Water Sewer:

Septic Tank, Well

Cable:

Available

Phone:

Available

Electric:

Electric Available

Gas:

Availability Unknown

Road Surface:

Asphalt

Unit Location:

Can Be Subdivided, Level, Open, Partially Wooded, Wooded

Additional Information

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$9, 837/2019

Tax Rate:

2.1387

Listing Broker:

O'Farrell Realty Company

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$--	$713,526	133.14%	$4,748	-6.17%
2022	$--	$306,050	0.00%	$5,060	0.00%
2021	$--	$306,050	0.00%	$5,060	0.00%
2020	$--	$306,050	-0.23%	$5,060	-12.46%
2019	$--	$306,770	0.00%	$5,780	1.40%
2018	$--	$306,770	5,090.69%	$5,700	-3.55%
2012	$--	$5,910		$5,910

2023 Galveston County Appraisal District Tax Value

Market Land Value:	$711,608
Market Improvement Value:	$1,918
Total Market Value:	$713,526

galveston County Appraisal District

2023 Tax Rates

GALVESTON COUNTY:	0.3676 %
MAINLAND COLLEGE:	0.2676 %
SANTA FE ISD:	1.2169 %
COUNTY ROAD/FLOOD:	0.0084 %
DRAINAGE 01:	0.0690 %
Total Tax Rate:	1.9296 %

Estimated Mortgage/Tax

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$4,591 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 4,583
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 88
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

I & Gn Rr Co Sur Sub

County / Zip Code:

77511

Single Family Properties:

Average Bedrooms:

Average Baths:

1.50

Median Square Ft.:

1,512

Median Lot Square Ft.:

87,120

Median Year Built:

1971

Median Appraised Value:

$172,940

Neighborhood Value Range:

$80 - $474 K

Median Appraised Value / Square ft.:

$114.38

View Price Trends for I & Gn Rr Co Sur Sub

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.