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$248,000

NAL Estimated Property Value

610 N Spears St, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,432 Sq Ft
price_per_sqft$174.58 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size13,782 sqft

Building Information

Year Built1957
Garage Spaces2

Land Information

APN126.2443.00100
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 2 ROBERTSON ADDITION
Census Tract130417
Assessed Land Value$42,500
Assessed Improvement Value$199,352
Assessment Year2025

About this property

Welcome to 610 N Spears St, a stunningly remodeled home that combines modern design with classic charm. Situated on a large lot, this 3-bedroom, 2-bathroom home offers a fresh, contemporary feel with designer finishes throughout. Inside, you’ll find fresh paint, brand-new LVP flooring, and plush carpet in the bedrooms, creating a warm and inviting atmosphere. The kitchen is a true showstopper, featuring new cabinets, sleek quartz countertops, and top-of-the-line fixtures, perfect for any home chef or entertaining guests. The open-concept living and dining spaces provide plenty of room for relaxation and family gatherings. Every corner of this home has been thoughtfully updated to offer comfort, style, and functionality. Outside, the spacious lot provides endless possibilities for outdoor activities, gardening, or future expansion. Whether you're hosting a BBQ or simply enjoying the Texas sunshine, this backyard is ready for it all. Don’t miss the opportunity to make this beautifully remodeled house your new home.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$260,443Estimated Mortgage Balance
$248,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,360
$241,852
2025
$42,500
$199,352
$241,852
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,360
$241,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Commercial
$9,819
No
First
May 12, 2025
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,443
N/A
0%
105%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,590/mo
+$337/mo
9.3%

City: Alvarado

610 N Spears St | Property Details | No Agent List