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$1,292,000

NAL Estimated Property Value

TBD Burnett Boulevard, Alvarado, TX, 76009

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths2,658 Sq Ft
price_per_sqft$486.08 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesNone
FlooringConcrete

Building Information

Garage Spaces2

About this property

Investor Alert! Prime Duplex Opportunity with Expansion Potential! This brand-new duplex offers an exceptional opportunity to own a modern, stylish property with room to grow. Each side of the duplex features 3 bedrooms, 2 bathrooms, and a 1-car garage, perfectly blending functionality with contemporary design. Thoughtfully crafted with durable, stained concrete flooring throughout, the home is both elegant and easy to maintain—ideal for tenants or homeowners seeking low-maintenance living. The kitchens are a standout, boasting sleek granite countertops, a modern aesthetic, and generous pantries with floating shelves that offer both storage and flair. All essential appliances will be installed prior to move-in, and the home is already wired for an alarm system, offering added peace of mind once electricity is connected. The open-concept layout provides a spacious, inviting atmosphere, making it perfect for families or renters alike. Each unit also features a private, fenced backyard—ideal for pets, entertaining, or relaxing outdoors. Adding even greater value to this offering are four adjacent lots—located at 1012, 1016, 1020, 1024, and 1028 Burnett Blvd—creating a combined total of 1.973 acres. These parcels, along with the duplex at 1020 Burnett Blvd, offer significant potential for expansion, development, or long-term investment. Lot sizes include: 1012 Burnett at 0.31 acres, 1016 Burnett at 0.34 acres, 1020 Burnett with the duplex at 0.48 acres, 1024 Burnett at 0.49 acres, and 1028 Burnett at 0.35 acres. Whether you're looking to generate immediate rental income or explore future development possibilities, this move-in-ready duplex combined with expansive land provides a rare and valuable opportunity. Schedule your private showing today and discover everything this property has to offer!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,752 /month
Positive
Cash Flow Estimate:
$2,584 /month

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Financing Details

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

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.

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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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