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

$516,000

NAL Estimated Property Value

212 S Fm 5, Aledo, TX, 76008

Off MarketInfo
Baths2,704 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$190.83 / sqft
Year BuiltBuilt in 2004

Exterior

Lot Size1.50 acres

Building Information

Year Built2004
Stories1

Land Information

APN20240-001-000-00
Land UseResidential
Legal DescriptionACRES: 1.500 ABST: 240 SURVEY: CARR CALVIN M TR: BLK: SURV: CALVIN M CARR
Census Tract140709
Assessed Land Value$105,860
Assessed Improvement Value$346,220
Assessment Year2025

About this property

**Attention Developers** Introducing a rare development opportunity in the heart of Aledo—just outside downtown, directly across from Bearcat Park and adjacent to Mockingbird Park. This 4.35-acre residential tract can be subdivided into 13 lots, each approximately 9,000 to 12,000 square feet, offering a unique chance to build in one of the area's most desirable locations with city services. This is a unique opportunity free from PIDs, MUDs, and HOA dues—an uncommon advantage in this market. Zoned in accordance with the city’s R75 land use designation, this site is ideally suited for single-family residential development. Projected lot sales range from $200,000 to $250,000, with comparative home sales at $280 per square foot. Whether you’re a developer seeking a well-positioned project or an investor looking for long-term value, this offering presents an exceptional blend of location, infrastructure, and potential.

Investor Tools

Property Icon
$516,000
Estimated Property Value
$306,633Estimated Mortgage Balance
$209,367Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /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
$765/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$452,080
2025
$105,860
$346,220
$452,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$452,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Commercial
$374,300
No
First
Aug 25, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,633
$209,367
40%
59%
$2,245/mo

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: Aledo

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

212 S Fm 5 | Property Details | No Agent List