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$398,000

NAL Estimated Property Value

5268 Fm 2738, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$358.73 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Cooktop, Electric Oven
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size1.74 acres

Building Information

Year Built2001
Garage Spaces2

Land Information

APN126.0195.90049
Land UseResidential
Legal DescriptionABST 195 TR 89A1, 89A M D DICKEY
Census Tract130419
Assessed Land Value$121,800
Assessed Improvement Value$189,122
Assessment Year2025

About this property

Looking for a home that is away from the city but still close enough for entertainment, shopping and other amenities? Come see 5268 FM 2738. This property offers a wooded oasis on 2.076 acres. The home has been completely renovated since 2021, nothing has been overlooked. From the flooring to the backsplash in the kitchen all the way out to the heated in-ground pool. All while offering 3 bedrooms, 2 and a half bathrooms, galley kitchen with separate dining area. The primary bedroom is on the main floor with an ensuite bathroom and large walk in closet. The additional bedrooms are upstairs and offer plenty of space with natural lighting and walk in closets. The 3 car garage was just built in 2023 and is ready for the loft to be finished to whatever your heart desires. The kitchen offers plenty of workspace and newer countertops with modern touches. Stepping out to the back yard, you are welcomed to a large covered patio that is wired for all of your entertainment needs. Down the few steps, the pool with a waterfall hot tub is waiting for all of the outdoor fun you could have with subtle rockscaping for esthetics. All of the major appliances have been maintained yearly, solar screens added and so much more. Come take a private tour of this home!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$402,948Estimated Mortgage Balance
$398,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,030
$310,922
2025
$121,800
$189,122
$310,922
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,030
$310,922

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank Of New York Mellon Trust Co Na
Stand Alone Second / Subordinate Position
$196,377
No
First
Feb 27, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,948
N/A
0%
101%
$2,710/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,710/mo
$-783/mo
5.8%

City: Alvarado

5268 Fm 2738 | Property Details | No Agent List