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$198,900

62 Live Oak Street, Alvarado, TX, 76009

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.7 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range, Microwave, Tankless Water Heater
FlooringLaminate

Exterior

Lot Size3,106 sqft

Building Information

Year Built2024

Land Information

APN126.2323.00620
Lot Number62
Land UseResidential
Legal DescriptionLOT 62 BLUE WATER OAKS
Census Tract130414
Assessed Land Value$60,000
Assessed Improvement Value$138,375
Assessment Year2025

About this property

Seller is now offering up to $5,000 in concessions to the buyer for closing costs, interest rate buy down with a acceptable offer! Lake Alvarado and the Community Boat ramp are one-minute from your front door! This two-bedroom home has the amenities of a custom-built home, including the granite counter tops to the 42-inch upper cabinets capped with crown molding, you will see the custom touches all over. The vinyl plank flooring is throughout the home. The tub surround in the bathroom features large format tile. This home was built with energy efficiency in mind between the spray foam insulation, vinyl-clad thermal pane windows, and the Central HVAC system. Utility Closet that will accommodate an LG wash tower or stackable units. Take a look at all of this and more. This property shows that it is eligible for the USDA loan, so there could be Zero down payment!

Investor Tools

Property Icon
$198,375
Estimated Property Value
$0Estimated Mortgage Balance
$198,375Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,193 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Tony Willis

Wethington Agency

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,063
$198,375
2025
$60,000
$138,375
$198,375
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,063
$198,375

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,375
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,234/mo
$60/mo
+$1,174/mo
7.5%

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.

Explore Texas Explore This Area
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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62 Live Oak Street | Property Details | No Agent List