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$241,883

NAL Estimated Property Value

114 N Jessup St, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,707 Sq Ft
price_per_sqft$117.16 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size11,265 sqft

Building Information

Year Built1983

Land Information

APN126.2443.00170
Lot Number8
Land UseResidential
Legal DescriptionLOT 8 BLK 2 ROBERTSON ADDITION
Census Tract130417
Assessed Land Value$42,500
Assessed Improvement Value$199,383
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. OFFER DEADLINE 10 AM SUNDAY, MARCH 20TH. Cute as a button! Home features spacious living area, dining area with built in bar, large utility room, decorative tiled backsplash in kitchen, upgraded lighting, metal roof, and much more! Workshop with electricity. Curb entry to backyard for boat parking with full privacy fence. New HVAC and new windows. Bonus sunroom or bonus room is perfect for relaxing and overlooking the large backyard.

Investor Tools

Property Icon
$241,883
Estimated Property Value
$199,479Estimated Mortgage Balance
$42,404Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,451 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,839
$241,883
2025
$42,500
$199,383
$241,883
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,839
$241,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$216,015
Yes
First
Apr 11, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,479
$42,404
17%
82%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,296/mo
+$631/mo
9.6%

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.

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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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114 N Jessup St | Property Details | No Agent List