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$971,000

NAL Estimated Property Value

1650 E Fm 1187, Aledo, TX, 76008

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,300 Sq Ft
price_per_sqft$100 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven, Plumbed For Ice Maker, Water Softener, Other
FlooringCeramic Tile, Laminate, Other

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage, Other
Lot Size2.57 acres

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN14991-001-003-00
Lot Number3
SubdivisionMeadow View
Land UseResidential
Legal DescriptionACRES: 2.569 LOT: 3 BLK: 1 SUBD: MEADOW VIEW FARMS
Census Tract140713
Assessed Land Value$210,570
Assessed Improvement Value$452,120
Assessment Year2025

About this property

Two Master Suite Ranch home on 2.5 Acres in Aledo ISD w 30x45 2 Stall Horse Barn, 16x12 out building and fenced pasture. NO HOA! 5 bedrooms, 4 full baths & 5 living areas! Separate formal dining & custom cabinetry throughout. Owners added 1650sf suite w 2 living areas, bed, bath, see through fireplace & patio. Remodeled kitchen has new granite, backsplash, sink, high end appliances & under cabinet lighting. Remodeled original master suite has granite, led faucets, spa shower & slipper tub. New water heaters & overhauled landscape. Private Paluxy well has new whole house filter, softener, & pump. Bring your horses. Appraised for Four Hundred Ninety Thousand. NEW HVAC Goodman 5 Ton 16 SEER.

Investor Tools

Property Icon
$971,000
Estimated Property Value
$361,746Estimated Mortgage Balance
$609,254Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,826 /month
Positive
Cash Flow Estimate:
$1,942 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$662,690
2025
$210,570
$452,120
$662,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$662,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacytexas Bank
Va
$418,500
Yes
First
Jul 30, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,746
$609,254
62%
37%
$2,510/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: Aledo

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1650 E Fm 1187 | Property Details | No Agent List