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$316,000

844 LAKEVIEW Drive, Alvarado, TX, 76009

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,798 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.41 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN126.2213.01080
Lot Number8
SubdivisionThe Parks Of Alvarado Ph 1
Land UseResidential
Legal DescriptionLOT 8 BLK A THE PARKS OF ALVARADO PH 1
Census Tract130417
Assessed Land Value$60,000
Assessed Improvement Value$224,505
Assessment Year2025

About this property

NOW SELLING in the FABULOUS NEW COMMUNITY of THE PARKS OF ALVARADO! D.R. HORTON'S NEW EXPRESS HOME COMMUNITY in ALVARADO and ALVARADO ISD! Beautiful Single Story 4-2-2 Texas Cali Floorplan-Elevation G with an estimated Winter-Spring completion. Great open concept Living, Dining and large Chef's Kitchen with Island, Granite or Quartz Countertops, stainless steel Appliances and walk-in Pantry. Spacious Living and partial split Bedroom arrangement with large Primary Bedroom, 5 foot over sized Shower and walk-in Closet. Interior Package including tiled Entry, Hall, Living, Dining, Kitchen and wet areas plus Home is Connected Smart Home Technology. Modern Painted Exterior, covered back Patio, 6 foot fenced Backyard, Landscaping Package, full Sprinkler System and more! Close proximity to I-35W and HWY 67. Minutes from Alvarado, Burleson, Cleburne and Downtown Fort Worth.

Investor Tools

Property Icon
$316,000
Estimated Property Value
$0Estimated Mortgage Balance
$18,958Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,920
$284,505
2025
$60,000
$224,505
$284,505
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,920
$284,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc L
Conventional
$309,294
No
First
Apr 28, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,042
$18,958
5%
94%
$1,930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,380/mo
$-453/mo
7.3%

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.

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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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844 LAKEVIEW Drive | Property Details | No Agent List