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$299,000

801 N Spears St, Alvarado, TX, 76009

$311,516 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,342 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.67 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,864 sqft

Building Information

Year Built1971

Land Information

APN126.2443.01130
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 7 ROBERTSON ADDITION
Census Tract130417
Assessed Land Value$46,750
Assessed Improvement Value$382,230
Assessment Year2025

About this property

Wonderful remodeled 4 bedroom home with a amazing split bedroom layout, enormous dining area and multiple living areas perfect for entertaining or a large family. This home has a renovated kitchen that includes granite, updated appliances and a breakfast bar. Loads of possibilities with this home tucked away on a private corner lot. You won't want to miss this one.

Investor Tools

Property Icon
$428,980
Estimated Property Value
$190,000Estimated Mortgage Balance
$234,977Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$311,516
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$977/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,583
$428,980
2025
$46,750
$382,230
$428,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,583
$428,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinncacle Bank
Commercial
$190,000
No
First
Jul 6, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,003
$234,977
54%
45%
$1,248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,248/mo
+$679/mo
5.4%

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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801 N Spears St | Property Details | No Agent List