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$273,362

NAL Estimated Property Value

306 Limestone Drive, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,454 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.61 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size7,405 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN126.2465.00230
Lot Number23
Land UseResidential
Legal DescriptionLOT 23 STONEGATE MANOR PH 1
Census Tract130417
Assessed Land Value$67,500
Assessed Improvement Value$205,862
Assessment Year2025

About this property

This home could be featured on HGTV. The upgrades you will enjoy are normally found in a higher priced home. The kitchen features a beautiful glass block backsplash, pretty white cabinets with waterfall glass door fronts, stainless appliances & full of natural light. The open concept LR and DR has a pretty WB fireplace as a focal point. Split bedrooms offer privacy. The master retreat features a beautiful shower with seamless glass doors & double sinks, plus a nice closet. Not enough? How about a covered patio? Or a quaint stone path to a charming deck offering plenty of space for outdoor entertaining or just chillin. Finish the day with a dip in the pool or a relax in the adult size swing. Better hurry.

Investor Tools

Property Icon
$273,362
Estimated Property Value
$211,364Estimated Mortgage Balance
$61,998Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,640 /month
Positive
Cash Flow Estimate:
$547 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,983
$273,362
2025
$67,500
$205,862
$273,362
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,983
$273,362

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$189,962
Yes
First
Mar 15, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,364
$61,998
22%
77%
$1,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,385/mo
+$542/mo
8.5%

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.

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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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306 Limestone Drive | Property Details | No Agent List