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$194,815

NAL Estimated Property Value

311 S Watson Street, Alvarado, TX, 76009

$201,524 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.17 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

BankruptcyARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size8,276 sqft

Building Information

Year Built1965

Land Information

APN126.0313.00410
Land UseResidential
Legal DescriptionABST 313 TR 74 I GLAZE
Census Tract130415
Assessed Land Value$42,500
Assessed Improvement Value$152,315
Assessment Year2025

About this property

HUD owned property. Case #513-274053. HUD properties are sold As-Is. Broker must be registered with HUD to sell property. No repairs or alterations until after closing and funding. This inviting single story home sits on a spacious cleared lot with a fenced backyard and a convenient two car carport. Inside, the open kitchen flows into the living area, featuring granite countertops and washer and dryer hookups for everyday ease. Modern laminate wood flooring adds a stylish touch throughout the bedrooms and living room, creating a warm, updated feel perfect for comfortable living and entertaining.

Investor Tools

Property Icon
$194,815
Estimated Property Value
$180,603Estimated Mortgage Balance
$14,212Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$201,523
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,169 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,977
$194,815
2025
$42,500
$152,315
$194,815
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,977
$194,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$189,504
Yes
First
Oct 20, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,603
$14,212
7%
93%
$1,137/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,137/mo
+$319/mo
9.0%

City: Alvarado

311 S Watson Street | Property Details | No Agent List