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Owner Contacts

$464,000

NAL Estimated Property Value

120 Prairie View St, Aledo, TX, 76008

$552,797 ARV

Off Market

3 Beds

2 Bath

2,228 Sq Ft

Single Family Residence

$201.97 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

AppliancesWater Purifier, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator

FlooringCarpet, Concrete, Tile

Exterior

Exterior FeaturesStorage

Lot Size2.05 acres

Building Information

Year Built1985

Stories1

Garage Spaces2

Land Information

APN20104-004-001-40

Land UseResidential

Legal DescriptionACRES: 2.047 TRACT: G 2 ABST: 104 SURVEY: BILLINGS JAMES

Census Tract140709

Assessed Land Value$169,390

Assessed Improvement Value$253,580

Assessment Year2025

About this property

PRICE REDUCTION! Welcome to your Aledo dream of peaceful country living in a serene and friendly neighborhood. This home is situated on just over 2 acres and offers ample space for horses or space to create your dream backyard. Step into an open floor plan that seamlessly connects the living and dinning area. Updated kitchen features butcher block counter tops that perfectly complement the rustic charm of the home. Vaulted ceiling give this home a spacious, yet warm & cozy feel. The living area is flooded with natural light. Use your imagination for the two large storage buildings in the back - ideal for a workshop, tack room, chicken coop, or additional storage. Mature trees provide ample shade and fruit bearing trees produce a seasonal tasty treat. The property is horse friendly and is fenced all around. Offering an open and inviting interior and two acres of outdoor space, make this property a true gem. Make this your forever home. HVAC Compressor New 2023, New Kitchen Appliances

Investor Tools

$464,000

Estimated Property Value

$384,130Estimated Mortgage Balance

$79,870Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$552,797

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,784 /month

Positive

Cash Flow Estimate:

$928 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$708/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$422,970

2025

$169,390

$253,580

$422,970

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$422,970

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Legacy Home Loans Llc

Unknown

$400,400

First

Feb 6, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$384,130

$79,870

17%

83%

$2,401/mo

Learn About the Market: Opportunity in Texas

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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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