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Days36Days on Market
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$535,000

1020 Burnett Boulevard A and B, Alvarado, TX, 76009

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,180 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2024

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
AppliancesNone
FlooringConcrete

Exterior

Lot Size21,039 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN126.2216.01030
Lot Number3
SubdivisionGarza Estates No3
Land UseResidential
Legal DescriptionLOT 3 BLK 1 GARZA ESTATES NO3
Census Tract130417
Assessed Land Value$66,000
Assessed Improvement Value$371,369
Assessment Year2025

About this property

Calling all investors! This stunning new 3-bedroom, 2-bathroom, 1-car garage duplex is the perfect blend of style and functionality, making it an excellent investment or home opportunity. Designed with attention to detail, it features durable and easy-to-maintain stained concrete flooring throughout, ensuring long-lasting beauty and practicality. The kitchen boasts granite countertops, a sleek, modern design, and a spacious pantry with floating shelves, offering ample storage and a stylish flair. All necessary appliances will be installed, and the property is prepped with an alarm system for added peace of mind once electricity is connected. The open-concept layout creates a welcoming living space, ideal for families or tenants seeking comfort and convenience. Step outside to enjoy a private, fenced backyard, perfect for pets, outdoor gatherings, or simply unwinding in solitude.. Schedule your showing today and see the potential this duplex has to offer!

Investor Tools

$394,781Estimated Mortgage Balance
$422,219Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,902 /month
Positive
Cash Flow Estimate:
$1,634 /month

Interested in this property?

Jamie Wickliffe

CENTURY 21 Judge Fite Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,686
$437,369
2025
$66,000
$371,369
$437,369
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,686
$437,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rcn Capital Llc
Commercial
$396,500
No
First
Apr 29, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,781
$422,219
51%
48%
$2,378/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,378/mo
$-451/mo
2.8%

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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1020 Burnett Boulevard A and B | Property Details | No Agent List