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Days1487Days on Market
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$350,000

5641 County Road 313a, Alvarado, TX, 76009

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,267 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$276.24 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave
FlooringHardwood, Wood, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1965
Garage Spaces2

Land Information

APN126.0202.00770
Land UseResidential
Legal DescriptionABST 202 TR 13A J B DUPUY
Census Tract130501
Assessed Land Value$70,000
Assessed Improvement Value$199,568
Assessment Year2025

About this property

Welcome to a rare opportunity to own a piece of Johnson County history! Nestled on a secluded acre, this charming farmhouse was once the original homestead of the surrounding family farm and is now available for only the second time in generations. From the covered front porch, take in panoramic views of a picturesque ranch featuring rolling terrain, scattered with oak trees and black Angus cattle, plus classic red barn with windmill. Although conveniently located just a short drive from town, the setting feels worlds away, offering the privacy and tranquility so many buyers are searching for. Inside, the home blends timeless farmhouse character with thoughtful modern updates. The kitchen has been completely reimagined from the studs out with custom cabinetry, granite countertops, updated appliances, new flooring, and a fresh country-chic design. Additional improvements include a new HVAC system installed, electrical upgrades, refinished hardwood floors, luxury vinyl plank flooring, fresh interior paint, updated lighting, and a newly configured third bedroom, roof only 3-4 years old, making the home truly move-in ready. Outside, you'll find everything needed to enjoy country living. A 25' x 30' metal shop with concrete floors and electricity offers excellent space for parking, hobbies, projects, equipment, or storage. Mature trees provide shade throughout the property, while the chicken coop, fenced yard, and wide-open outdoor space offer endless possibilities for gardening, animals, or simply enjoying the peaceful surroundings. Located in a USDA-eligible area, qualifying buyers may have access to zero-down financing. Properties offering this combination of character, privacy, modern updates, and unforgettable views rarely become available. Come experience the lifestyle that makes this property truly one of a kind. OPEN HOUSES Saturday 7.25 and Sunday 7.26 from 12p-2p!

Investor Tools

Property Icon
$269,568
Estimated Property Value
$0Estimated Mortgage Balance
$269,568Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Courtney Tittle

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,777
$269,568
2025
$70,000
$199,568
$269,568
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,777
$269,568

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$269,568
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
8.6%

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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5641 County Road 313a | Property Details | No Agent List