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$238,000

NAL Estimated Property Value

310 N Sparks Street, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,477 Sq Ft
price_per_sqft$189.51 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher
FlooringLaminate

Exterior

Lot Size5,754 sqft

Building Information

Year Built1975

Land Information

APN126.2431.02660
Lot Number1A
Land UseResidential
Legal DescriptionLOT 1A BLK 16 ORIGINAL TOWN
Census Tract130417
Assessed Land Value$42,500
Assessed Improvement Value$165,125
Assessment Year2025

About this property

This one looks like Better Homes & Gardens just left. So many custom features & built ins you will not find in any other home. Situated on a corner lot with beautiful landscaping & a cute front porch. Inside you will find an open concept living area & kitchen with built ins as well as a banquet table. Granite countertops with a large island & barstool seating as well as a good size pantry. Stainless appliances & open shelving as well as decorative lighting complete the look. Make your way to the primary bedroom with feature wall & vinyl plank flooring. Large closet as well as a gorgeous spacious shower. 2 good size rooms & another designer bathroom on the other side of the home. Get ready to be amazed with outdoor living & entertaining at its finest. Really an extension of the home with room for all your family gatherings & even a built in outdoor kitchen. Large storage & 2 car covered parking. This one is truly one of a kind & evident of the thought that went into each space.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$237,623Estimated Mortgage Balance
$377Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,971
$207,625
2025
$42,500
$165,125
$207,625
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,971
$207,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$253,650
No
First
Dec 13, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,623
$377
0%
100%
$1,521/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,521/mo
+$406/mo
9.7%

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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310 N Sparks Street | Property Details | No Agent List