$206,000
NAL Estimated Property Value707 N Ray St, Alvarado, TX, 76009
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Gas Water Heater
FlooringCarpet, Ceramic Tile
Exterior
Lot Size10,241 sqft
Building Information
Year Built1985
Garage Spaces1
Land Information
APN126.2443.00450
Lot Number16
Land UseResidential, 5 Acres Or Less
Legal DescriptionLOT 16 BLK 3 ROBERTSON ADDITION
Census Tract130417
Assessed Land Value$42,500
Assessed Improvement Value$155,342
Assessment Year2025
About this property
HUD owned property. Case #513-217044. HUD properties are sold As-Is. Broker must be registered with HUD to sell property. No repairs or alterations until after closing & funding. This single story home sits on a lot with a fenced-in yard, storage shed, and back patio. The interior features an open kitchen to dining area, granite countertops, and 1 car garage.
Investor Tools
$206,000
Estimated Property Value
$206,970Estimated Mortgage Balance
$206,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,236 /month
Positive
Cash Flow Estimate:
$412 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,723
$197,842
2025
$42,500
$155,342
$197,842
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,723
$197,842
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$204,232
Yes
First
Jun 23, 2025
Jul 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,970
N/A
0%
100%
$1,262/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,262/mo
+$665/mo
11.2%
