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$71,400

NAL Estimated Property Value

8232 County Road 508, Alvarado, TX, 76009

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.02 acres

Land Information

APN126.0466.01150
Land UseAgriculture / Farming
Legal DescriptionABST 466 TR 10J A M JAMES
Census Tract130417
Assessed Land Value$71,400
Assessment Year2025

About this property

Discover the perfect opportunity on this fully fenced lot, a little over 1 acre, tucked away on a peaceful and quiet road in Alvarado. The land has already been cleared of trees, giving you a blank canvas to design your dream home. With septic and city water in place, much of the groundwork is done, making it easy to build right away. This property is ideal for building a home, placing a workshop, or even enjoying as a recreational retreat. Whether you’re ready to build now or invest for the future, this versatile lot is ready for its new owners.

Investor Tools

Property Icon
$71,400
Estimated Property Value
$254,890Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,265
$71,400
2025
$71,400
N/A
$71,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,265
$71,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Building Or Construction Loan
$256,000
No
First
Feb 24, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,890
N/A
0%
357%
$1,535/mo

Learn About the Market: Opportunity in Texas

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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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8232 County Road 508 | Property Details | No Agent List