Back 861 CR-947
Off Market

861 CR-947

Alvin TX 77511

1456 sq. ft.
43560 sq. ft.
Multi-Family
David GarzaDavid Garza, last sold this property on 29 August 2025 after 1071 days on market.

Overview

**Income-Producing 4-Plex Opportunity!** Discover a fantastic investment opportunity with this income-producing 4-plex, generating approximately $5,000 a month when fully occupied. This versatile property features: - **A Double-Wide Manufactured Home:** Spacious 3-bedroom, 2-bath layout with 1,500 square feet of living space. - **A Duplex:** Comprising two cozy 1-bedroom, 1-bath apartments. - **A Single-Wide Manufactured Home:** Another 3-bedroom, 2-bath unit, ideal for families or additional rental income. Situated on a generous acre of land with no restrictions, this property offers endless possibilities. There’s ample room to add more manufactured homes or explore other development options, making it a prime investment for future growth. Don’t miss out on this incredible opportunity to expand your real estate portfolio and capitalize on the potential of this multi-unit

Features

1456 sq. ft. floor area
43560 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Alvin over the last 12 months, the estimated median property value of 861 CR-947 is $635k.

Median value
$635k
Estimated value range
$635k - $635k
Median days on market
37
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Alvin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 861 CR-947

2025
Sold
Undisclosed
29 Aug 2025 by David Garza, of NB Elite Realty

Happy sellers in Alvin

92%
92% of sellers in Alvin reported that their sale price either exceeded or met their price expectations.

Alvin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Alvin over the last 12 months.

Local market activity for multi families in Alvin

In the last 12 months, 11 multi families similar to 861 CR-947, have been sold.

This represents a 450% decrease in multi families sales when compared to the previous 12 months.

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