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$208,000

NAL Estimated Property Value

707 S Spears St, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,197 Sq Ft
price_per_sqft$179.62 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size11,238 sqft

Building Information

Year Built1973

Land Information

APN126.2419.01540
Lot Number2B
Land UseResidential
Legal DescriptionLOT 2B BLK K NEW TOWN
Census Tract130415
Assessed Land Value$42,500
Assessed Improvement Value$130,583
Assessment Year2025

About this property

ADORABLE IN ALVARADO! This stunning 3-bedroom, 2-bathroom home has been thoughtfully transformed inside and out, boasting modern updates and stylish designer finishes that are sure to impress. Step inside to discover a bright and inviting open floor plan, perfect for entertaining. The kitchen is a true showstopper, featuring sleek quartz countertops, new cabinetry and stainless steel appliances. Gorgeous flooring flows throughout the home, complementing the contemporary lighting fixtures and fresh paint. Both bathrooms have been meticulously updated with spa-inspired finishes, including elegant tile work, new vanities, and modern fixtures. The primary suite offers a serene retreat with a private en-suite bathroom and ample closet space. Not only have the interior finishes been updated, but you can feel confident knowing that all electrical, including wiring, plugs, and panel, are brand new as well as all plumbing, including faucets, fixtures and drains. Outside, the home’s curb appeal shines with a freshly painted exterior and a new roof. The spacious backyard provides endless opportunities for relaxation, gardening, or outdoor gatherings. Located in a charming neighborhood, this home is conveniently close to major highways. Don’t miss the chance to own this move-in-ready property that combines modern luxury with small-town charm! Schedule your private tour today!

Investor Tools

Property Icon
$208,000
Estimated Property Value
$191,860Estimated Mortgage Balance
$16,140Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,933
$173,083
2025
$42,500
$130,583
$173,083
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,933
$173,083

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$196,200
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,860
$16,140
7%
92%
$1,177/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,177/mo
+$279/mo
8.4%

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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707 S Spears St | Property Details | No Agent List