Last 24 Hours
$186,000
NAL Estimated Property Value8525 Melinda Dr, Alvarado, TX, 76009
Off Market
2 Beds
2 Bath
877 Sq Ft
$222.35 / sqft
Built in 1997Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 2AppliancesDryer, Washer
FlooringCarpet, Linoleum
Exterior
Lot Size1.24 acres
Building Information
Year Built1997
Land Information
APN126.2372.20620
Lot Number62R
Land UseResidential
Legal DescriptionLOT 62R BLK S HOMESTEADS PHASE X S# CBH004739TX L# TXS0591522 ELECTED REAL
Census Tract130411
Assessed Land Value$86,940
Assessed Improvement Value$81,774
Assessment Year2025
About this property
2-2 Mobile home on 1.23 +- Acres. Ready for your creative ideas. Selling AS IS. Previously two lots that had full utilities to each. (Currently inactive). Carport, barn, fenced. Washer-dryer included. Spacious lot providing room to grow. Buyer and buyer agent to verify all property information. Great investment property. Owner will not turn on utilities. Recent foundation repair. Short term owner financing available.
Investor Tools
$186,000
Estimated Property Value
$0Estimated Mortgage Balance
$186,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,989
$168,714
2025
$86,940
$81,774
$168,714
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,989
$168,714
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$186,000
100%
0%
$0/mo
12.4%