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$150,000

8517 Open Sky Ct, Alvarado, TX, 76009

$195,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.02 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther

Exterior

Lot Size1.03 acres

Building Information

Year Built2000

Land Information

APN126.2345.00190
Lot Number12
Land UseResidential
Legal DescriptionLOT 12 BLK 2 COUNTRY LAKE EST PH 1 S# 10700977A/B L# PFS0631349/50 REAL PROPERTY
Census Tract130417
Assessed Land Value$71,820
Assessed Improvement Value$88,817
Assessment Year2025

About this property

Affordable Country Living – Mobile Home on Land – Sold As-Is. Escape to the peace and quiet of the countryside with this great opportunity! Situated on 1 acre, enjoy the natural beauty perfect for relaxing or simply enjoying the view. The home needs some TLC and is being sold as-is, making it an excellent investment for renovators, DIY enthusiasts, or those looking for a weekend retreat. Whether you’re looking to fix it up or build new, this land offers endless potential. Don’t miss your chance to own a slice of country paradise! Will not go FHA or VA. Cash or Bank financing only.

Investor Tools

$73,581Estimated Mortgage Balance
$151,419Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Ryan Studdard

Oak + Ash Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,846
$160,637
2025
$71,820
$88,817
$160,637
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,846
$160,637

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jatin Holdings Llc Ff
Unknown
$85,500
No
First
Aug 29, 2019
Aug 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,581
$151,419
67%
33%
$513/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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8517 Open Sky Ct | Property Details | No Agent List