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$533,000

$538,000

8017 E Fm 917, Alvarado, TX, 76009

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.78 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Cooktop, Double Oven
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage, Other
Lot Size3.79 acres

Building Information

Year Built1976
Garage Spaces2

Land Information

APN126.2334.00010
Lot Number1R
Land UseResidential
Legal DescriptionLOT 1R BLK 1 BROWNS RETREAT
Census Tract130406
Assessed Land Value$178,130
Assessed Improvement Value$140,562
Assessment Year2025

About this property

Welcome to your own private Texas Retreat on nearly 4.5 picturesque acres in the heart of Alvarado. This versatile country property offers the perfect blend of comfort, recreation, and income-producing potential. The main residence features 3 bedrooms, 3 bathrooms, and over 2,000 square feet of living space, highlighted by an updated kitchen with granite countertops, modern fixtures, and abundant storage. Step outside and discover an incredible outdoor oasis complete with a sparkling diving pool with a slide, a pool house with a full bath, and a workshop, barn, and loafing shed, plus covered RV parking. Whether you're entertaining guests, pursuing hobbies, housing livestock, or simply enjoying the wide-open Texas skies, this property provides endless possibilities. Nestled on beautifully usable acreage with room to roam, this rare property delivers the peace of country living while remaining conveniently accessible to the DFW Metroplex. Properties with this combination of acreage, amenities, and flexibility are hard to find—schedule your showing today and experience all that this exceptional Alvarado property has to offer!

Investor Tools

Property Icon
$538,000
Estimated Property Value
$240,547Estimated Mortgage Balance
$318,336Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,228 /month
Positive
Cash Flow Estimate:
$1,076 /month

Interested in this property?

Natalie Martinez

Mark Spain Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,776
$318,692
2025
$178,130
$140,562
$318,692
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,776
$318,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$240,547
No
First
Dec 6, 2021
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,664
$255,336
53%
41%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,443/mo
+$484/mo
4.3%

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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8017 E Fm 917 | Property Details | No Agent List