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$262,871

NAL Estimated Property Value

215 N Cummings Dr, Alvarado, TX, 76009

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.59 acres

Land Information

APN126.0313.00701
Land UseAgriculture / Farming
Legal DescriptionABST 313 TR 144 I GLAZE
Census Tract130415
Assessed Land Value$262,871
Assessment Year2025

About this property

This serene 5.5 acre property offers a rare opportunity to own a peaceful, lightly wooded parcel just minutes from downtown Alvarado. Nestled in a quiet area with natural beauty, this lot is perfect for those seeking a private retreat while enjoying easy access to local amenities. The gentle wooded terrain provides a wonderful setting for your dream home with plenty of space to roam and explore. Whether you're looking to build your custom home or invest in land, this property offers both tranquility and convenience. Located only a short drive from shopping, dining, and schools, this is a perfect blend of country living with proximity to all the conveniences of city life.

Investor Tools

Property Icon
$262,871
Estimated Property Value
$71,231Estimated Mortgage Balance
$191,640Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,577 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,715
$262,871
2025
$262,871
N/A
$262,871
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,715
$262,871

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Unknown
$139,900
No
First
May 11, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,231
$191,640
72%
27%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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215 N Cummings Dr | Property Details | No Agent List