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$564,000

NAL Estimated Property Value

242 County Road 1271, Alvord, TX, 76225

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.06 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Linoleum

Exterior

Lot Size29.06 acres

Building Information

Year Built1971
Stories1
Roof Type112
Garage Spaces3

Land Information

APNR0470.0008.01
Lot Number3
SubdivisionDelta Ranch Estates
Land UseResidential
Legal DescriptionLOT PT 3 DELTA RANCH ESTATES, UNDIVIDED INTEREST 50.0000000000%
Census Tract150101
Assessment Year2025

About this property

Welcome to the Delta Ranch located in Alvord, Texas. Opportunity to buy over 29 acres at one of the highest points in Wise County. The main house is sits atop the 29 acre bluff with endless views of the N. Texas rolling hills... Take in the endless iconic Texas sunsets day after day... Step inside the custom home and you will be greeted with a sensible floor plan that could easily we updated to today's modern living standards. Large Kitchen w granite counter tops. Secluded owners suite, and large finished basement. Out back you will enjoy the use of 3 barns, cattle chutes, corals, multiple ponds for fishing... sit back, relax, notice the piece of quiet. Enjoy the privacy and seclusion of living on acreage, yet ideally located less than 1 hour from Downtown Dallas, Ft Worth, Southlake, DFW Airport.

Investor Tools

Property Icon
$564,000
Estimated Property Value
$0Estimated Mortgage Balance
$564,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,463
$187,331
2025
N/A
N/A
$396,261
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,463
$187,331

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$564,000
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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242 County Road 1271 | Property Details | No Agent List