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$482,199

NAL Estimated Property Value

1940 County Road 607, Alvarado, TX, 76009

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,192 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$173.36 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Range, Refrigerator
FlooringCarpet, Laminate, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size14.28 acres

Building Information

Year Built1998

Land Information

APN126.0327.01447
Land UseResidential
Legal DescriptionABST 327 TR 1C5 WM HICKMAN L# PFS0504415/6 ELECTED REAL
Census Tract130416
Assessed Land Value$335,486
Assessed Improvement Value$146,713
Assessment Year2025

About this property

Enjoy some quiet country living on this 14.27 acre lot with a spacious double wide mobile home that features 5 bedrooms, 3 full baths, 2 living, large open kitchen, separate mud & washroom, inground gunite pool with water feature, pool house with loft and hot & cold running water bathroom, 2 water meters, 2 electrical poles, 2 septic tanks, 2 RV covered areas, Pipe fence, security - cameras an electric gate, wingspan paved driveway, a shop with roll-up door, covered front an back porch, 2 storage buildings. Horses allowed. Country living with city conveniences just a few miles away.

Investor Tools

Property Icon
$482,199
Estimated Property Value
$0Estimated Mortgage Balance
$482,199Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,893 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,272
$482,199
2025
$335,486
$146,713
$482,199
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,272
$482,199

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$482,199
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.

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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1940 County Road 607 | Property Details | No Agent List