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$241,038

NAL Estimated Property Value

2605 Gills Crossing Ct, Alvarado, TX, 76009

$254,473 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.41 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Oven
FlooringWood

Exterior

Lot Size1.05 acres

Building Information

Year Built2006

Land Information

APN126.2353.00130
Lot Number13
Land UseResidential
Legal DescriptionLOT 13 BLK 1 GILLS CROSSING PHASE 1 S# TXFL612A/B47745BH12 L# PFS0957539/40 ELECTED REAL
Census Tract130416
Assessed Land Value$73,500
Assessed Improvement Value$167,538
Assessment Year2025

About this property

Country Living on 1 Acre in Alvarado! Escape the hustle and enjoy the peace and privacy of this well maintained 4 bedroom, 2 bath manufactured home nestled on a spacious 1-acre lot located cul-de-sac street. The oversized living area features a cozy wood burning fireplace, creating the perfect gathering space for family and friends. The bright eatin kitchen offers plenty of room for everyday meals and entertaining. HVAC replaced in 2024 and Foundation done in 2025.Outside, you'll find a 2 car carport, a fenced backyard that's ideal for children or pets, and ample space to garden, add a workshop, or simply enjoy the outdoors. If you're looking for affordable country living with room to spread out while still being convenient to shopping, dining, and major highways, this is the home you've been waiting for. No city taxes.

Investor Tools

Property Icon
$241,038
Estimated Property Value
$185,218Estimated Mortgage Balance
$56,138Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$254,473
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,271
$241,038
2025
$73,500
$167,538
$241,038
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,271
$241,038

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cowboy Bank Of Texas
Conventional
$196,000
No
First
Jul 3, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,218
$55,820
23%
77%
$1,176/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: Alvarado

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2605 Gills Crossing Ct | Property Details | No Agent List