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$280,000

8400 Kelly Lane, Alvarado, TX, 76009

$336,220 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,013 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.1 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop, Microwave
FlooringLaminate

Exterior

Lot Size40,511 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN126.3804.00530
Lot Number22
Land UseResidential
Legal DescriptionLOT 22 BLK 2 THE HOMESTEADS PH II
Census Tract130411
Assessed Land Value$65,100
Assessed Improvement Value$239,134
Assessment Year2025

About this property

Beautiful NEW Custom home on almost an acre on land with endless possibilities of usage. Located near i35 W and Mansfield as well. Homes amenities include quartz in kitchen and both bathrooms. Also has very nice laminate flooring throughout whole house and fans in rooms. Home is modern and private.

Investor Tools

Property Icon
$343,000
Estimated Property Value
$0Estimated Mortgage Balance
$93,459Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$336,219
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,039
$304,234
2025
$65,100
$239,134
$304,234
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,039
$304,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$278,070
Yes
First
Jan 26, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,541
$93,459
27%
73%
$1,668/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,668/mo
+$259/mo
6.7%

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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8400 Kelly Lane | Property Details | No Agent List