




$135,000
318 Boone Street, Alvarado, TX, 76009
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About this property
If you're dreaming of living near the lake without sacrificing convenience or affordability, this is the one you've been waiting for! Tucked inside the desirable Blue Water Oaks community on Lake Alvarado, this charming 2021-built home offers more than just a place to live—it offers a lifestyle. Enjoy full access to everything the lake community has to offer: private boat launch, dock, community pool, park, and more—all just blocks away. Whether you're looking to spend your weekends on the water, kayaking at sunrise, fishing off the dock, or relaxing by the pool, it’s all right here. The home features an open-concept studio layout with easy-care vinyl flooring and a full bathroom. Plus high-speed internet access means you're ready to unplug or plug in—whatever your lifestyle calls for. Step outside and you'll find a peaceful, partially wooded lot with native landscaping, a gravel drive, and plenty of room to park your boat or RV. There’s also a garage or can be used as a workshop —ideal for weekend projects, outdoor gear, or lake toys. With a low HOA fee that gives you access to all the community amenities, plus pays for sewer, water and trash, this is lakeside living made simple and stress-free. Whether you're seeking a low-maintenance full-time home, a weekend getaway, or a smart rental investment, this property checks all the boxes. Come see it today—homes this close to the lake at this price don’t last long!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Alvarado
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