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$338,500

313 Reunion Drive, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.4 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Other
Lot Size2.40 acres

Building Information

Year Built1950
Garage Spaces2

Land Information

APN126.0583.00160
Land UseResidential
Legal DescriptionABST 583 TR 21,22 J MULLICAN
Census Tract130415
Assessed Land Value$168,000
Assessed Improvement Value$157,737
Assessment Year2025

About this property

Multiple offers received, highest and best due by 3pm today!Stone and Cedar home with a large in-ground pool, pool house with bar, & additional bathroom & shower. Beautiful Rock fireplace tile- wood floors thru-out. No carpet. House has fresh paint. Lots of trees! There is an additional chauffeurs carport; outbuildings consist of adorable playhouse, 30 x 20 shop concrete slab - 8 ft roll-up door, Large commercial barn 50x 40 drive-thru with setting up for horses and RV storage. Large Dog kennel and a chicken coop with nice hen house, nice horse stalls, and round pen. Property is cross-fenced, private, and right on the edge of town. Very convenient to work in Dallas, FTW, or the Waco area.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$0Estimated Mortgage Balance
$40,905Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,565
$325,737
2025
$168,000
$157,737
$325,737
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,565
$325,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Conventional
$297,500
No
First
Sep 27, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,095
$40,905
10%
89%
$2,226/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,226/mo
+$159/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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313 Reunion Drive | Property Details | No Agent List