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$1,899,000

NAL Estimated Property Value

3853 N US Highway 287, Alvord, TX, 76225

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,714 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$511.31 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, RV Hookup, Storage

Building Information

Garage Spaces2

About this property

HORSEMAN'S PARADISE! Three residences, 36 acres, 17-stall barn, large arena, sandy soil, & income-producing coastal. Fabulous location on Hwy 287 between Decatur & Alvord and minutes from NRS, making it perfect for an equine training facility or boarding business. The exquisite, fully remodeled main home has 4 beds, 4 baths & over 3700 SF of living area with a gourmet kitchen, 2 primary suites, an office, beautiful pool, and brand new sprinkler system, landscaping & outdoor lighting. Well maintained single wide mobile is perfect for a hired hand or rental income. Third home is a 3-2 brick ready to be remodeled to your liking. Horsemen will love the 75x115 barn, 285x160 arena, walker & round pen. RV plug-ins & separate septic are located near the barn. With two tanks on the property, you'll enjoy fishing in the one stocked with bass and catfish. Majority of the property is lush coastal that can be cut and bailed for hay. Breathtaking views are the icing on the cake! This one has it ALL!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,394 /month
Positive
Cash Flow Estimate:
$3,798 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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: Alvord

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3853 N US Highway 287 | Property Details | No Agent List