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$349,000

512 Lakeview Dr, Alvarado, TX, 76009

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,235 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.15 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN126.2465.04140
Lot Number14
SubdivisionStonegate Manor Ph 3
Land UseResidential
Legal DescriptionLOT 14 BLK D STONEGATE MANOR PH 3
Census Tract130417
Assessed Land Value$67,500
Assessed Improvement Value$342,630
Assessment Year2025

About this property

Gorgeous upgraded home in a conveniently located neighborhood with no HOA! The large entry way boasts an 8 foot door to greet you, family and guests. This beautiful kitchen stands out amongst others with a deep farm house sink, quartz countertops, large pantry and perfectly placed pendent lighting. Storage space is not a problem with the built in breakfast bar, large decorative nooks in two of the bedrooms and large closets in every bedroom including the huge walk in closet in the primary bedroom. The primary bathroom includes a large soaking tub, frameless shower with bench seat and serene color choices. The numerous windows with custom window shades provide so much abundant natural light throughout the home that highlight the rich toned laminate wood floors. Included with the front office is a custom built two person desk made specifically for the front room. This home qualifies for an assumable VA loan. This home is a must see!

Investor Tools

Property Icon
$410,130
Estimated Property Value
$338,751Estimated Mortgage Balance
$83,026Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,461 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,499
$410,130
2025
$67,500
$342,630
$410,130
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,499
$410,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Fha
$338,751
Yes
First
Jun 29, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,104
$83,026
20%
80%
$2,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,031/mo
+$354/mo
7.0%

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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