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$241,632

NAL Estimated Property Value

203 N Sparks St, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.93 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size9,740 sqft

Building Information

Year Built1960

Land Information

APN126.2431.02950
Land UseResidential
Legal DescriptionLOT 7R-11R BLK 17 ORIGINAL TOWN
Census Tract130415
Assessed Land Value$42,500
Assessed Improvement Value$199,132
Assessment Year2025

About this property

Welcome to Modern Charm! This fully renovated 3 bedroom, 2 bath stunner at 203 N Sparks, Alvarado, TX, is ready to impress. Enjoy a seamless blend of new and classic with brand new windows, siding, appliances, and a fresh, bright interior. Perfect for those seeking comfort and style without sacrificing modern convenience.

Investor Tools

Property Icon
$241,632
Estimated Property Value
$237,828Estimated Mortgage Balance
$3,804Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,450 /month
Positive
Cash Flow Estimate:
$483 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,173
$241,632
2025
$42,500
$199,132
$241,632
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,173
$241,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Va
$242,833
Yes
First
Mar 8, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,828
$3,804
1%
98%
$1,456/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,456/mo
+$471/mo
9.6%

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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203 N Sparks St | Property Details | No Agent List