tomo logo

$320,000

Beds
4
Baths
2.0
sq ft
1,600

8921 S Monterrey Dr, Alvarado, TX 76009

8921 S Monterrey Dr

Alvarado, TX 76009

  • 2 days on market
Nestled on 1.2 acres in the tranquil outskirts of Alvarado, TX, this charming 4-bedroom, 2-bathroom home blends rural serenity with modern convenience. Just minutes from shopping and amenities, this peaceful retreat offers both privacy and easy access to everything you need. The home features a newly constructed front porch deck, perfect for relaxing, along with spacious interiors, highlighted by brand-new LG appliances in the kitchen. The open layout is ideal for family living and entertaining. A standout feature is the 14x24 man cave, complete with a built-in bar and deck, providing a stylish space for gatherings or unwinding. For hobbyists, car enthusiasts, or those in need of ample storage, the expansive 30x40 shop with dual large garage doors fits vehicles of all kinds, including an RV, and includes electrical hookups for added versatility. A third storage shed offers additional space for tools and equipment. Located in a family-friendly neighborhood with a quiet, rural atmosphere, this property offers a safe haven where children can play and privacy is cherished. Whether you’re seeking space for hobbies, vehicles, or simply a peaceful home, this exceptional property has it all.

Details

Property type

Single Family Residence

Est. home value

$255,761

Lot size

1.267 acres

Price per sq ft

$200

Year built

2007

Annual property taxes

$4,816

Price History

03/08/2025
NTREIS

NTREIS #20865387

Listed
$320,000
07/11/2022
NTREIS

NTREIS #20084612

Removed

Schools & Community

Elementary school: 

Lillian

Middle school: 

Unknown

High school: 

Alvarado

School district: 

Alvarado ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$66,930
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$227,470
Cash to seller
$66,930

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$236,700

Est. remaining balance

$227,470

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Robert Paul Brown and Tonya M Brown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/10/2025 at 10:10 AM

Listing updated: 03/08/2025 at 7:13 PM

Listed by: Rashaan Fitch, All City Real Estate, Ltd. Co. Phone #: (866) 277-6005

MLS: NTREIS #20865387

NTREIS logo

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