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$396,000

NAL Estimated Property Value

1005 S Fannin St, Alvarado, TX, 76009

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,837 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size40,729 sqft

Building Information

Year Built2024

Land Information

APN126.2419.10410
Lot Number5R
SubdivisionNew Town Addn
Land UseResidential
Legal DescriptionLOT 5R BLK 60 NEW TOWN ADDN AKA MISSOURI PACIFIC ADDN
Census Tract130415
Assessed Land Value$65,450
Assessed Improvement Value$233,139
Assessment Year2025

About this property

Great level 0.93 acre property for possible developing for residential homes. Convenient location close to I-35.

Investor Tools

Property Icon
$396,000
Estimated Property Value
$391,974Estimated Mortgage Balance
$4,026Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,672
$298,589
2025
$65,450
$233,139
$298,589
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,672
$298,589

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$399,000
Yes
First
May 30, 2025
Jun 2066

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,974
$4,026
1%
99%
$2,393/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,393/mo
$-8/mo
7.2%

City: Alvarado

1005 S Fannin St | Property Details | No Agent List