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$259,000

112 Lorie St, Alvarado, TX, 76009

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,162 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.89 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,919 sqft

Building Information

Year Built1981
Garage Spaces2

Land Information

APN126.2491.00070
Lot Number7
Land UseResidential
Legal DescriptionLOT 7 BLK 1 WOOLARD ADDITION
Census Tract130417
Assessed Land Value$42,500
Assessed Improvement Value$166,317
Assessment Year2025

About this property

Welcome to this charming single story brick home that combines thoughtful updates with inviting indoor and outdoor living. Updates include the kitchen, bathrooms, windows, and much more, giving the home a fresh, comfortable feel. The open-concept living area features warm wood look flooring, neutral colors, and a distinctive brick fireplace at the heart of the home. The updated kitchen has abundant cabinetry, stainless-steel appliances, a tiled backsplash, generous counter space, and a large island with bar seating. The bedrooms provide comfortable retreats with ceiling fans, closets, and attractive accent walls. An attached two-car garage with epoxy flooring offers a clean, durable space for parking, projects, or additional storage. The backyard is where this property really shines. Surrounded by mature trees and privacy fencing, the expansive patio and deck create an exceptional outdoor living space with plenty of room for grilling, dining, entertaining, or simply relaxing beneath the shade. It's a welcoming setting perfect for morning coffee, weekend gatherings, and evenings outdoors. A detached studio adds even more flexibility. Previously used as an office, it could also serve as a creative studio, fitness space, or additional storage. The opposite side of the studio is set up as a workshop and yard equipment storage, with electricity already in place. The convenient location completes the package, with easy access to local parks, schools, shopping, dining, and everyday necessities. Nearby roadways make commuting and traveling throughout the surrounding area easy, so you have the comfort of an established neighborhood without sacrificing convenience. Contents of the home are available for purchase, including fridge, washer, & dryer. Foundation work and updates have already been done. This one is move in ready! Schedule your showing today!

Investor Tools

$102,130Estimated Mortgage Balance
$115,870Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

Interested in this property?

Gina Ulrich

Fathom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,133
$208,817
2025
$42,500
$166,317
$208,817
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,133
$208,817

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Company Llc
Conventional
$110,800
No
First
Jun 17, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,130
$115,870
53%
47%
$665/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$665/mo
+$1,262/mo
10.6%

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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112 Lorie St | Property Details | No Agent List