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$495,000

824 W Frontage Rd, Alamo, TX, 78516

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.74 / sqft
Year BuiltBuilt in 1974

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size14,850 sqft

Building Information

Year Built1974
Stories1
Roof Type112
Garage Spaces1

Land Information

APNC0250-00-002-0020-00
Lot Number20
SubdivisionCabana South - Spa
Land UseResidential
Legal DescriptionCABANA SOUTH LOT 20-21 BLK 2
Census Tract021904
Assessed Land Value$94,853
Assessed Improvement Value$176,489
Assessment Year2025

About this property

Frontage land available for sale, approx 14,850 sf. Located on Frontage Rd off of Interstate 2 / Highway 83, between Tower Rd and Alamo Rd, in Alamo, TX. Main house has 2 bedrooms, 1 bath. Attached apartment has 1 bedroom and 1 bath. Seller Financing available, subject to seller's terms and conditions.

Investor Tools

$34,204Estimated Mortgage Balance
$456,430Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Daniel Chapa

Dillard and Chapa Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,620
$241,276
2025
$94,853
$176,489
$271,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,620
$241,276

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David A Hall
Seller Carryback / Seller Financing / Seller Take-Back
$68,000
No
First
Feb 23, 2007
Aug 2009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,204
$207,072
85%
7%
$408/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$408/mo
+$733/mo
2.8%

City: Alamo