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$199,000

711 S Spears Street, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.69 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Water Heater
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size14,157 sqft

Building Information

Year Built1995

Land Information

APN126.2396.01010
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 1 DINGLER ADDITION
Census Tract130415
Assessed Land Value$42,500
Assessed Improvement Value$102,758
Assessment Year2025

About this property

Wonderful opportunity for an a corner lot with plenty of space for expansion. This would be a fantastic investor property for a flip or potential rental. Home needs some updating and finish-out but is situated on a quiet street in a rapidly growing area! Priced considering current condition, will be sold as-is!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$0Estimated Mortgage Balance
$27,933Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,939
$145,258
2025
$42,500
$102,758
$145,258
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,939
$145,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin County State Bank
Arm (Adjustable Rate Mortgage)
$175,000
No
First
May 19, 2023
May 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,067
$27,933
14%
86%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,409/mo
+$518/mo
11.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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711 S Spears Street | Property Details | No Agent List