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B+
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$239,000

NAL Estimated Property Value

111 Chris Court, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.39 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size8,285 sqft

Building Information

Year Built1981
Garage Spaces2

Land Information

APN126.2491.00230
Lot Number6
Land UseResidential
Legal DescriptionLOT 6 BLK 2 WOOLARD ADDITION PH 1
Census Tract130417
Assessed Land Value$42,500
Assessed Improvement Value$163,514
Assessment Year2025

About this property

Move-In Ready and Waiting for You! This beautifully remodeled 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and outdoor space. Located just minutes from the crossroads of I-35 and Hwy 67, commuting to Dallas or Fort Worth is quick and easy, making this an ideal location for busy professionals or families. Step inside to find a fresh, modern interior featuring new paint throughout, updated plumbing and electrical fixtures, and a bright kitchen with new shaker-style cabinets, granite countertops, and a convenient breakfast bar perfect for casual meals or entertaining. The home also features a spacious 2-car garage with openers on both doors for easy access and everyday convenience. Out back is where this property truly shines. The huge fenced backyard offers plenty of space for kids, pets, and gatherings with friends. Relax in the hot tub, enjoy evenings around the fire pit, or take advantage of the like-new Ulrich storage building that provides excellent extra storage or workshop space. With a newer HVAC system, extensive remodeling, and thoughtful updates throughout, this home is truly move-in ready for its next owner. Located in Alvarado ISD and priced to sell, this clean, well-maintained property is ready for immediate move-in. Opportunities like this don’t last long. Schedule your showing today.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$43,543Estimated Mortgage Balance
$195,457Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,374
$206,014
2025
$42,500
$163,514
$206,014
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,374
$206,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Franklin American Mortgage Co
Fha
$73,641
Yes
First
Sep 30, 2009
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,543
$195,457
81%
18%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
9.7%

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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111 Chris Court | Property Details | No Agent List