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$348,000

1604 Forest Park Dr, Alvarado, TX, 76009

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.05 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size7,200 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN126.2213.30925
Lot Number25
SubdivisionThe Parks Of Alvarado Ph 3
Land UseResidential
Legal DescriptionLOT 25 BLK I THE PARKS OF ALVARADO PH 3
Census Tract130417
Assessed Land Value$60,000
Assessed Improvement Value$312,697
Assessment Year2025

About this property

Beautiful 4-Bedroom, 2-Bath Home in the Parks of Alvarado. This stunning home offers exceptional curb appeal with a front-facing garage, charming landscaping, and a welcoming covered front porch. Step inside to an impressive open-concept floor plan designed for modern living and entertaining. The well-appointed kitchen features elegant quartz countertops, 36-inch cabinetry, stainless steel appliances, a built-in sink and Bosch dishwasher, and a spacious pantry providing abundant storage. The expansive living area boasts 9-foot ceilings, gorgeous wood-look tile flooring, and large windows that fill the home with natural light. The generously sized primary suite serves as a private retreat, offering comfort and relaxation. The luxurious and sleek en-suite bathroom includes an extended vanity with ample counter space, a walk-in shower, and a large walk-in closet. Three additional bedrooms provide flexibility for family, guests, or a home office with walk-in closet. Step outside to enjoy the oversized covered patio and spacious backyard—perfect for entertaining family and friends, hosting Texas-sized BBQ with plenty of room for those fur babies. Don't miss the opportunity to make this beautiful home yours!

Investor Tools

$327,751Estimated Mortgage Balance
$46,009Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,236 /month
Positive
Cash Flow Estimate:
$745 /month

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Tony Culwell

Tony Culwell Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,658
$372,697
2025
$60,000
$312,697
$372,697
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,658
$372,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$339,968
Yes
First
Jun 27, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,751
$44,946
12%
88%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,489/mo
$-104/mo
7.7%

City: Alvarado

1604 Forest Park Dr | Property Details | No Agent List