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$368,932

NAL Estimated Property Value

3405 Raintree Dr S, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,319 Sq Ft
price_per_sqft$260.42 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Electric Cooktop
FlooringLaminate

Exterior

Lot Size1.09 acres

Building Information

Year Built2023

Land Information

APN126.2439.21140
Lot Number14
Land UseResidential
Legal DescriptionLOT 14 BLK 1 RAINTREE MEADOWS PH 2
Census Tract130416
Assessed Land Value$75,950
Assessed Improvement Value$292,982
Assessment Year2025

About this property

This stunning custom-built property boasts 3 bedrooms, 2 baths, an office, and open-concept living spaces. The spacious kitchen features granite countertops.

Investor Tools

Property Icon
$368,932
Estimated Property Value
$207,662Estimated Mortgage Balance
$161,270Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,537
$368,932
2025
$75,950
$292,982
$368,932
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,537
$368,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$219,375
No
First
Jun 12, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,662
$161,270
43%
56%
$1,316/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,316/mo
+$611/mo
6.3%

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.

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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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3405 Raintree Dr S | Property Details | No Agent List