$293,000
NAL Estimated Property Value3101 County Road 405, Alvarado, TX, 76009
$365,971 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Water Heater
FlooringCarpet, Ceramic Tile
Exterior
Lot Size1.28 acres
Building Information
Year Built1977
Land Information
APN126.0825.02510
Land UseResidential
Legal DescriptionABST 825 TR 94 M TURNER
Census Tract130414
Assessed Land Value$89,600
Assessed Improvement Value$144,807
Assessment Year2025
About this property
This gem is in need of updating, built in 1977 home has good bones on 1.28 acres with large Oak Trees lots of space for outdoor gatherings close to Alvarado Lake. 4 bedrooms 2 and half baths 2 rock fireplaces galley kitchen separate dining area, spacious den with wet bar and rock fireplace all bedrooms are upstairs with full bath and master bedroom master bath and fireplace. The Red Barn is a great storage building will stay on the property Seller is in process of cleaning out sheds.
Investor Tools
$293,000
Estimated Property Value
$311,356Estimated Mortgage Balance
$293,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$365,971
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$509
$234,407
2025
$89,600
$144,807
$234,407
No
Tax History
Year
Tax Paid
Assessed Value
2025
$509
$234,407
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$317,909
Yes
First
Mar 17, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,356
N/A
0%
106%
$1,907/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,907/mo
+$478/mo
9.8%
