Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
B+
NoAgentList RatingHow are grades calculated? Info

$245,000

208 Cherokee Trl, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,205 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.32 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size6,264 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN126.2373.01720
Lot Number12
Land UseResidential
Legal DescriptionLOT 12 BLK 3 INDIAN TRAILS PHASE 4
Census Tract130417
Assessed Land Value$45,000
Assessed Improvement Value$193,924
Assessment Year2025

About this property

Come check out this perfect starter home with tons of potential! There is a large POOL perfect for the hot summer days ahead. This gorgeous home includes 3 Bedrooms 2 Bathrooms and a 2 Car Garage. In the spacious primary bedroom, you'll find a large on-suite with two closets and a soaker tub. In the backyard, there is a storage shed perfect for lawn and pool equipment. If you're looking for a home with lots of charm and one that won't break the bank look no further.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$247,000Estimated Mortgage Balance
$8,588Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,103
$238,924
2025
$45,000
$193,924
$238,924
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,103
$238,924

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usda
Usda
$247,000
Yes
First
May 24, 2023
May 2061

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,412
$8,588
3%
96%
$1,481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,481/mo
+$446/mo
9.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

208 Cherokee Trl | Property Details | No Agent List