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$149,000

404 W Elm Street, Alvord, TX, 76225

$150,410 ARVInfo
PendingInfo
Beds2 Beds
Baths1 Bath
Baths1,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.58 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone
FlooringWood

Exterior

Lot Size4,356 sqft

Building Information

Year Built1942
Roof Type158
Garage Spaces1

Land Information

APNS0060.0124.01
Lot Number2
SubdivisionOriginal Alvord
Land UseResidential
Legal DescriptionLOT SW CORNER 2 BLK 13 ORIGINAL ALVORD
Census Tract150300
Assessed Land Value$21,780
Assessed Improvement Value$129,267
Assessment Year2025

About this property

Charming and full of potential, this 2-bedroom, 1-bath home features original wood floors throughout and a versatile bonus room that could be used as an office, flex space, or potentially converted into a third bedroom. Priced to sell, this property is a fantastic opportunity for first-time buyers or investors looking to add to their portfolio. Don’t miss your chance to make this one your own!

Investor Tools

$75,470Estimated Mortgage Balance
$81,530Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$150,410
Rent-to-Value Ratio: 0.72%
Rent Estimate
$942 /month
Positive
Cash Flow Estimate:
$314 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,556
$151,047
2025
$21,780
$129,267
$151,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,556
$151,047

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$80,000
No
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,470
$81,530
51%
48%
$480/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: Alvord

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404 W Elm Street | Property Details | No Agent List