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B+
NoAgentList RatingHow are grades calculated? Info

$363,400

1601 CENTRAL PARK Drive, Alvarado, TX, 76009

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.51 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,749 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN126.2213.09010
Lot Number1
SubdivisionThe Parks Of Alvarado Ph 1
Land UseResidential
Legal DescriptionLOT 1 BLK I THE PARKS OF ALVARADO PH 1
Census Tract130417
Assessed Land Value$60,000
Assessed Improvement Value$303,400
Assessment Year2025

About this property

NOW SELLING THE PARKS OF ALVARADO!! D.R. HORTON EXPRESS HOMES NEW COMMUNITY in ALVARADO and ALVARADO ISD! Stunning Single Story 4-2-2 Kingston Floorplan-(Elevation C)-Traditional Brick Exterior, over sized home site. Estimated Winter Completion. Spacious open concept Living, Dining and large Chef's Kitchen with Seating Island, Granite or Quartz Counter tops and stainless steel Appliances. Large main Bedroom with 5 foot over sized Shower and walk-in Closet. Designer Package including tiled Entry, Halls, Living, Dining and Wet areas plus Home is Connected Smart Home Technology. Covered back Patio,6 foot fenced Backyard, Landscaping package, full Sprinkler System and much more! Close proximity to i-35W and HWY 67. Minutes from Alvarado, Burleson and Downtown Fort Worth.

Investor Tools

Property Icon
$363,400
Estimated Property Value
$0Estimated Mortgage Balance
$124,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,180 /month
Positive
Cash Flow Estimate:
$727 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,662
$363,400
2025
$60,000
$303,400
$363,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,662
$363,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Va
$259,061
Yes
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,790
$124,610
34%
66%
$1,554/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,004/mo
$-77/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1601 CENTRAL PARK Drive | Property Details | No Agent List