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$323,976

NAL Estimated Property Value

403 N Proctor Street, Alvord, TX, 76225

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.84 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size20,996 sqft

Building Information

Year Built1986
Stories1
Roof Type158
Garage Spaces5

Land Information

APNS0060.0412.00
Lot Number1-2
SubdivisionOriginal Alvord
Land UseResidential
Legal DescriptionLOT 1 & S 1/2 OF 2 BLK 49 ORIGINAL ALVORD
Census Tract150300
Assessed Land Value$63,000
Assessed Improvement Value$260,976
Assessment Year2025

About this property

This brick 4 bedroom, 2 bathroom, 2 car garage home with a separate large shop that has electricity and its own half bath nestled in town Alvord on just under half an acre. This home has 3 larger rooms and a smaller 4th bedroom. The flooring is less than 2 years old.

Investor Tools

Property Icon
$323,976
Estimated Property Value
$198,424Estimated Mortgage Balance
$125,552Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,275
$323,976
2025
$63,000
$260,976
$323,976
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,275
$323,976

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$206,196
Yes
First
Jul 14, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,424
$125,552
38%
61%
$1,311/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.

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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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403 N Proctor Street | Property Details | No Agent List