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$301,000

NAL Estimated Property Value

8701 County Road 505, Alvarado, TX, 76009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.12 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Lot Size5 acres

Building Information

Year Built1998

Land Information

APN126.0327.01510
Land UseResidential
Legal DescriptionABST 327 TR 1A10 WM HICKMAN S# PH172634A/B L# PFS0451697/98 ELECTED REAL
Census Tract130416
Assessed Land Value$235,000
Assessed Improvement Value$58,450
Assessment Year2025

About this property

Discover your ideal retreat just beyond city limits! This charming property offers 5 acres of tranquility, providing ample breathing room amidst nature's beauty. The heart of the home boasts a spacious kitchen with a central island, perfect for culinary adventures and entertaining. Step outside onto the inviting deck, where you can unwind and enjoy panoramic views of the surrounding countryside. Embrace the best of both worlds—experience the serenity of country living while still enjoying the convenience of nearby city amenities. Your perfect blend of space and style awaits in this idyllic haven.

Investor Tools

Property Icon
$301,000
Estimated Property Value
$0Estimated Mortgage Balance
$301,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,616
$293,450
2025
$235,000
$58,450
$293,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,616
$293,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$301,000
100%
0%
$0/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.

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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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8701 County Road 505 | Property Details | No Agent List