$242,807
NAL Estimated Property Value304 E Patton Avenue, Alvarado, TX, 76009
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave, Electric Water Heater
FlooringCeramic Tile, Wood
Exterior
Lot Size9,622 sqft
Building Information
Year Built1953
Garage Spaces1
Land Information
APN126.2431.04320
Lot Number3-5
Land UseResidential
Legal DescriptionLOT 3,4,5 BLK 25 ORIGINAL TOWN
Census Tract130417
Assessed Land Value$42,500
Assessed Improvement Value$200,307
Assessment Year2025
About this property
Cute remodeled 3 bedroom home in Alvarado! As you walk in the house, you will feel right at home with the open living space to the dining and kitchen area. Kitchen features granite countertops, stainless steel appliances, subway tile backsplash and white cabinets. Large utility room off of the kitchen. Good sized bedrooms. Bathroom has tub with subway tile surround. Large fenced in backyard with mature trees make this a great place to relax. Close to amenities, schools and more! Schedule a showing today!
Investor Tools
$242,807
Estimated Property Value
$147,946Estimated Mortgage Balance
$94,861Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,457 /month
Positive
Cash Flow Estimate:
$486 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,640
$242,807
2025
$42,500
$200,307
$242,807
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,640
$242,807
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Fha
$162,011
Yes
First
Oct 6, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,946
$94,861
39%
61%
$972/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$972/mo
+$955/mo
9.5%
