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$386,000

NAL Estimated Property Value

4212 Oak Drive, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$301.99 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range

Exterior

Lot Size3 acres

Building Information

Year Built1985
Garage Spaces4

Land Information

APN126.0760.00650
Land UseResidential
Legal DescriptionABST 760 TR 57 J F SALAS
Census Tract130406
Assessed Land Value$141,000
Assessed Improvement Value$99,345
Assessment Year2025

About this property

**Buyer financing fell through**WHAT'S YOUR DREAM? Discover the freedom and flexibility of country living just outside the city limits of Alvarado, TX—where opportunity meets wide-open space. Situated on 3 fully fenced acres dotted with mature oak trees, this property is ideal for those seeking room to live, work, and grow without city restrictions. The charming 3-bedroom, 1-bath home offers a comfortable and updated interior, featuring fresh paint and new carpet throughout. The cozy living room is anchored by a beautiful stone fireplace, creating a warm and inviting space to unwind. The bathroom has been thoughtfully updated with a large walk-in shower and a new vanity, blending functionality with modern touches. Any offers received will be reviewed on Monday. What truly sets this property apart is the impressive approximately 3,000-square-foot shop building. Equipped with electricity and water, this versatile space is perfectly suited for a home-based business, workshop, or serious hobbyist. With the capacity to accommodate up to 7 vehicles, it provides ample room for equipment, storage, or expansion. Previously outfitted with a vehicle lift and compressor, the building is ready to support automotive work or similar operations. Whether you're an entrepreneur looking for the perfect live and work setup, a tradesperson needing space for tools and vehicles, or simply someone who values privacy and elbow room, this property delivers. Enjoy the peace of rural living while still being conveniently located near town amenities. Quick access to I-35 and FM 917. Endless possibilities await—bring your vision and make it your own.

Investor Tools

Property Icon
$386,000
Estimated Property Value
$0Estimated Mortgage Balance
$386,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,259
$240,345
2025
$141,000
$99,345
$240,345
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,259
$240,345

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$386,000
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
6.0%

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: Alvarado

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4212 Oak Drive | Property Details | No Agent List