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$179,900

8400 County Road 508, Alvarado, TX, 76009

$233,870 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$84.54 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size1.75 acres

Building Information

Year Built1999

Land Information

APN126.0466.01230
Land UseResidential
Legal DescriptionABST 466 TR 10C A M JAMES S# MP157302A/B L# PFS0581418/9 ELECTED REAL
Census Tract130417
Assessed Land Value$122,640
Assessed Improvement Value$148,463
Assessment Year2025

About this property

Wonderful opportunity to own 1.75 acres outside city limits in Alvarado very close to Alvarado North Elementary. Enjoy peace and quiet with no neighbors across the street and have plenty of room for kids to run inside fenced in property. Home has original owners and has never been moved before.

Investor Tools

Property Icon
$271,103
Estimated Property Value
$164,743Estimated Mortgage Balance
$124,146Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$233,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,627 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,804
$271,103
2025
$122,640
$148,463
$271,103
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,804
$271,103

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Fha
$164,743
Yes
First
Oct 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,957
$124,146
45%
54%
$988/mo

Learn About the Market: Opportunity in Texas

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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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8400 County Road 508 | Property Details | No Agent List