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$241,000

NAL Estimated Property Value

206 School Oaks Road, Alvord, TX, 76225

$255,932 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
price_per_sqft$202.85 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringLinoleum

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built2000
Stories1
Roof Type112

Land Information

APNR2020.0302.01
Lot Number2
SubdivisionNickell School Oaks
Land UseResidential
Legal DescriptionLOT PT 2 BLK 3 NICKELL SCHOOL OAKS S# OC050014179 MANUFACTURER: OAK CREEK HOMES LP SERIAL NUMBER: OC050014179 SERIAL NUMBER:
Census Tract150300
Assessed Land Value$17,496
Assessed Improvement Value$68,632
Assessment Year2025

About this property

This is a very good property for you to have your very own semi-remote 10 acres and yet it is located very near Hwy 287 that gives you easy access to Bowie, Alvord, Decatur or to the Metroplex in a short drive time. The property is covered with beautiful oak trees making it a perfect tract to build your dream home and remain secluded. It can be developed into a horse property or whatever livestock you want to have. Currently it has a mobile home capable of living in while you are constructing your new home. With land like this in our area it won't last long. Check it out today!! SELLERS MOTIVATED!!

Investor Tools

Property Icon
$241,000
Estimated Property Value
$0Estimated Mortgage Balance
$241,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$255,932
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,665 /month
Positive
Cash Flow Estimate:
$555 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$346
$86,128
2025
$17,496
$68,632
$86,128
No

Tax History

Year
Tax Paid
Assessed Value
2024
$346
$86,128

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
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: Alvord

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