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B+
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$220,000

7821 Fm 3136, Alvarado, TX, 76009

$270,303 ARVInfo
On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths1,420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.93 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size27,878 sqft

Building Information

Year Built1978

Land Information

APN126.0536.02852
Land UseResidential
Legal DescriptionABST 536 TR 282B S MORRIS S# AH02994324A/B L# PFS0589791/92 ELECTED REAL
Census Tract130415
Assessed Land Value$42,500
Assessed Improvement Value$38,550
Assessment Year2025

About this property

Check out this rustic farmhouse-style home, offering 3 bedrooms and 2 full bathrooms with a desirable split-bedroom floor plan that provides added privacy for the primary suite. Built in 1999, this home blends country charm with comfortable everyday living. The spacious property includes a barn perfect for storage, hobbies, or a workshop. Located just one mile from Alvarado Lake, you'll enjoy easy access to fishing, boating, and outdoor recreation while still being close to town. Whether you're searching for a primary residence, a weekend retreat near the lake, or a place with room for your toys and equipment, this property is full of potential.

Investor Tools

$65,922Estimated Mortgage Balance
$90,078Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$270,303
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Ashley Michael

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,436
$81,050
2025
$42,500
$38,550
$81,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,436
$81,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interbank
Conventional
$70,000
No
First
Jun 9, 2023
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,922
$90,078
57%
42%
$420/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,234/mo
$420/mo
+$814/mo
9.5%

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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