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$240,000

198 S Preston St, Alvarado, TX, 76009

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,351 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.65 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters
Lot Size5,497 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN126.2178.01040
Lot Number4
SubdivisionPreston Place Addition
Land UseResidential
Legal DescriptionLOT 4 BLK 1 PRESTON PLACE ADDITION
Census Tract130415
Assessed Land Value$42,500
Assessed Improvement Value$139,410
Assessment Year2026

About this property

Welcome to 198 S. Preston Street in Alvarado! This 3-bedroom, 2-bath home built in 2019 is in excellent condition and move in ready. This great home offers approximately 1,351 square feet of living space, plus an attached 2-car garage for parking and storage. Three bedrooms provide flexibility for guests, and your everyday needs, while two full bathrooms add convenience. Whether you’re purchasing your first home or looking for a manageable space to call your own, this property deserves a look. Schedule your showing today! Photos coming soon.

Investor Tools

$12,252Estimated Mortgage Balance
$219,748Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Dave Buske

Dave Buske Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,309
$181,910
2026
$42,500
$139,410
$181,910
No

Tax History

Year
Tax Paid
Assessed Value
2026
$4,309
$181,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$14,300
No
First
Aug 16, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,252
$219,748
94%
5%
$86/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$86/mo
+$1,874/mo
10.1%

City: Alvarado

198 S Preston St | Property Details | No Agent List