$393,825
505 BALBOA PARK Drive, Alvarado, TX, 76009
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About this property
D.R. HORTON EXPRESS HOMES is NOW SELLING in THE PARKS OF ALVARADO & ALVARADO ISD!~Beautiful two Story 4-3-2 Midland Floorplan with Farmhouse style exterior on greenbelt with mature trees-(Elevation F)-Spacious open concept Living,Dining & Kitchen with Seating Island,Granite or Quartz Countertops,Stainless Steel appliances & Walk-In Pantry*Large Primary Bedroom with 5 foot over sized Shower & Walk in Closet*Designer pkg including tiled Entry,Hall,Living,Dining,Kitchen & wet areas plus Home is Connected Smart Home Technology*Covered back Patio,6 foot fenced Backyard,Landscaping package & full Sprinkler System*Close proximity to I-35W & HWY 67*Minutes to Alvarado,Burleson,Cleburne & Downtown Fort Worth
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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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