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$339,448

NAL Estimated Property Value

508 Boulder Creek Dr, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,669 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.13 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Microwave

Exterior

Lot Size7,680 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN126.2465.02200
Lot Number44
Land UseResidential
Legal DescriptionLOT 44 STONEGATE MANOR PH 2
Census Tract130417
Assessed Land Value$67,500
Assessed Improvement Value$271,948
Assessment Year2025

About this property

Don't miss the chance to own this beautiful 3 bedroom, 2 bathroom home located in Alvarado ISD. It offers a warm and inviting spacious living area with a open concept. The kitchen has ample cabinet space with SS appliances, and a large island over looking the living area. The master bedroom offers a bay window, walk in closet, a soaking tub with a separate shower. Walk out to the fenced in backyard that offers a cozy covered patio area to enjoy your mornings or evenings.

Investor Tools

Property Icon
$339,448
Estimated Property Value
$294,272Estimated Mortgage Balance
$45,176Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,037 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,313
$339,448
2025
$67,500
$271,948
$339,448
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,313
$339,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Fha
$309,294
Yes
First
Sep 12, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,272
$45,176
13%
87%
$1,855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,855/mo
+$72/mo
6.8%

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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508 Boulder Creek Dr | Property Details | No Agent List