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$278,682

320 Forestwood Drive, Alvarado, TX, 76009

$287,656 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,016 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$44.64 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop
FlooringOther

Exterior

Lot Size1.15 acres

Building Information

Year Built1995

Land Information

APN126.2350.00060
Lot Number6
Land UseResidential
Legal DescriptionLOT 6 BLK 1 FORESTWOOD ADDITION S# PH146485A/B L# PFS0324619/20 ELECTED REAL
Census Tract130415
Assessed Land Value$80,500
Assessed Improvement Value$198,182
Assessment Year2025

About this property

Beautiful 1.15-acre lot on a quiet dead end road in Alvarado. The value is in the land, and the property is being sold as-is. Bring your best offers - this one won't last long! MULTIPLE OFFERS RECEIVED. BRING YOUR HIGHEST AND BEST OFFERS by 8pm November 14th, 2021.

Investor Tools

Property Icon
$278,682
Estimated Property Value
$0Estimated Mortgage Balance
$59,878Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$287,656
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,672 /month
Positive
Cash Flow Estimate:
$557 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,221
$278,682
2025
$80,500
$198,182
$278,682
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,221
$278,682

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Stand Alone Second / Subordinate Position
$235,653
No
First
Jul 7, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,804
$59,878
21%
79%
$1,413/mo

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.

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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320 Forestwood Drive | Property Details | No Agent List