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$219,000

208 S Preston St, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,351 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.78 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Lot Size5,497 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN126.2178.01070
Lot Number7
SubdivisionPreston Place Addition
Land UseResidential
Legal DescriptionLOT 7 BLK 1 PRESTON PLACE ADDITION
Census Tract130415
Assessed Land Value$21,250
Assessed Improvement Value$72,783
Assessment Year2025

About this property

Beautiful, like-new home, located on a peaceful, tree-lined street. Boasting exceptional curb appeal, this property invites you into a life of simplicity and style. As you step inside, you'll be greeted by a spacious open living area, featuring modern sealed concrete floors that combine durability with a sleek, contemporary look. The impressive 9ft ceilings enhance the airy and bright atmosphere, creating a welcoming environment for both relaxing and entertaining. This move-in-ready home offers a thoughtfully designed layout with ample storage options to keep your space organized and clutter-free.The large, covered patio at the back provides a perfect outdoor retreat for enjoying quiet mornings or hosting evening gatherings, all within the privacy of your own home. Tech enthusiasts and telecommuters will benefit from the availability of high-speed fiber internet, Don’t miss the opportunity to make this your new home.

Investor Tools

Property Icon
$219,000
Estimated Property Value
$0Estimated Mortgage Balance
$219,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,619 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,321
$94,033
2025
$21,250
$72,783
$94,033
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,321
$94,033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$219,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
10.6%

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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208 S Preston St | Property Details | No Agent List