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$315,000

322 S Watson St, Alvarado, TX, 76009

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.51 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave

Exterior

Lot Size5,998 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN126.2154.00080
Lot Number8
SubdivisionCotter Oaks Subdivision
Land UseResidential, 5 Acres Or Less
Legal DescriptionLOT 8 COTTER OAKS SUBDIVISION
Census Tract130415
Assessed Land Value$42,500
Assessed Improvement Value$255,107
Assessment Year2025

About this property

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home in the heart of Alvarado, located close to I-67. This charming property offers modern comfort with luxury vinyl plank flooring throughout and granite countertops in the spacious kitchen. The home features an open layout, perfect for entertaining, with the added convenience of a separate laundry room. Step outside to a large deck, ideal for outdoor gatherings, and enjoy the privacy of a gated driveway leading to a detached garage. The inviting front porch enhances the home’s curb appeal. Located in a peaceful neighborhood, this home is in pristine condition and ready to welcome its new owners. Don't miss your chance to own this gem! BRAND NEW SAMSUNG REFRIGERATOR, WASHER AND DRYER, AND LIKE NEW LEATHER COUCHES INCLUDED WITH THE HOME (Contingent on offer terms)

Investor Tools

$0Estimated Mortgage Balance
$297,607Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,252
$297,607
2025
$42,500
$255,107
$297,607
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,252
$297,607

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$297,607
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
7.8%

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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322 S Watson St | Property Details | No Agent List