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$575,742

1209 S Parkway Dr, Alvarado, TX, 76009

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,000 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1999

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size6.63 acres

Building Information

Year Built1999

Land Information

APN126.0479.00370
Land UseCommercial
Legal DescriptionABST 479 TR 34 A G KIMBELL
Census Tract130417
Assessed Land Value$306,966
Assessed Improvement Value$268,776
Assessment Year2023

About this property

Great Opportunity, 5,000 sf metal building on 6.626 acres in Alvarado right off I-35 with 175 feet of Highway frontage, Iron fence and gate along front. Building has multiple roll up doors, covered porch the full length of the building, concrete floors and metal beams. Bring your ideas and open your own business in this excellent location.

Investor Tools

Property Icon
$575,742
Estimated Property Value
$0Estimated Mortgage Balance
$575,742Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$983/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,917
$575,742
2023
$306,966
$268,776
$575,742
No

Tax History

Year
Tax Paid
Assessed Value
2018
$8,917
$575,742

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$575,742
100%
0%
$0/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.

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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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1209 S Parkway Dr | Property Details | No Agent List