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$195,000

103 Red Oak Street, Alvarado, TX, 76009

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.72 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Range, Tankless Water Heater

Building Information

Year Built2024

Land Information

APN126.2323.01030
Lot Number103
Land UseResidential, 5 Acres Or Less
Legal DescriptionLOT 103 BLUE WATER OAKS
Census Tract130414
Assessed Land Value$60,000
Assessed Improvement Value$117,900
Assessment Year2025

About this property

Are you ready for Lake Living? Lake Alvarado and the Community boat ramp are one-tenth of a mile from your front door! This two-bedroom home has the amenities of a custom-built home! From the granite counters to the 42-inch upper cabinets capped with crown molding., you will see the custom touches all over. The vinyl plank flooring is throughout the home. The tub surround in the bathroom features a large format tile. This home was built with energy efficiency in mind between the spray foam insulation, vinyl-clad thermal pane windows, and the Central HVAC system. Take a look at all of this and more. This property shows that it is eligible for the USDA loan, so there could be Zero down payment.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$0Estimated Mortgage Balance
$5,045Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,063
$177,900
2025
$60,000
$117,900
$177,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,063
$177,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Link
Fha
$195,395
Yes
First
May 12, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,955
$5,045
2%
97%
$1,172/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Alvarado

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103 Red Oak Street | Property Details | No Agent List