$211,000
NAL Estimated Property Value824 N 7 1/2 St, ALAMO, TX, 78516
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesElectric Water Heater
FlooringCarpet, Tile
Exterior
Lot Size6,273 sqft
Building Information
Year Built2004
Stories1
Roof Type105
Garage Spaces1
Land Information
APNN0340-00-000-0052-00
Lot Number52
SubdivisionNebraska Village - Spa
Land UseResidential
Legal DescriptionNEBRASKA VILLAGE LOT 52
Census Tract021904
Assessed Land Value$46,413
Assessed Improvement Value$153,715
Assessment Year2025
About this property
Brick Veneer, Bedrooms, 2 Baths, 1 Car Garage, Ceramic Tile in all common areas including the bath rooms, carpeting in the Bedrooms, small covered porch in the back. This is agreat investment opportunity. Cedar Fencing on 2 sides of the lot.
Investor Tools
$211,000
Estimated Property Value
$188,782Estimated Mortgage Balance
$22,218Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,185
$200,128
2025
$46,413
$153,715
$200,128
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,185
$200,128
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$189,504
Yes
First
Jun 28, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,782
$22,218
10%
89%
$1,172/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,172/mo
$-31/mo
6.5%
