Investor & Handyman Special – Endless Potential on Lake Alvarado! Located in the revitalizing Blue Water Oaks community, this rare property presents an incredible opportunity with 3 spacious lots and a wealth of possibilities. Whether you choose to remodel the existing home into your perfect lakeside retreat or clear the land to build up to TWO new homes, the options are endless. This property is perfect for resale, rental, or multi-generational living, making it an ideal investment for those looking to capitalize on the growing area. The community amenities add even more value to this unique property, including: Private boat ramp & fishing dock for easy lake access, sparkling community pool & playground for family-friendly recreation and on-site trash service & fire department for added convenience and safety. Whether you’re looking to flip, build, or design your dream lakeside getaway, this property offers tremendous potential in a supportive and flourishing neighborhood. Opportunities like this don’t come around often—bring your vision, your tool belt, and your offer. The seller is reviewing all offers, so don’t miss your chance to make Lake Alvarado yours!
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Listing Snapshot
Price
$99,900
Days On Site
126 Days
Bedrooms
3
Inside Area (SqFt)
1,344 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.16 Acres
Year Built
1996
MLS® Number
20970858
Status
Active
Property Tax
$1,063
HOA/Condo/Coop Fees
$65 monthly
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 months ago
Listing updated with changes from the MLS®
2 months ago
Price changed to $99,900
4 months ago
Listing first seen on site
General Features
Acres
0.16
Foundation
Pillar/Post/Pier
Levels
One
Parking
Open
Property Sub Type
Single Family Residence
Special Circumstances
Standard
Style
Traditional
Water Source
Private
Interior Features
Appliances
DishwasherElectric Range
Cooling
Electric
Flooring
Linoleum
Heating
ElectricHeat Pump
Interior
Open FloorplanWalk-In Closet(s)
Bedroom
Dimensions - 10 x 11Level - First
Kitchen
Dimensions - 10 x 13Level - First
Living Room
Dimensions - 21 x 12Level - First
Master Bedroom
Dimensions - 13 x 12Level - FirstFeatures - Walk-In Closet(s)
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Exterior Features
Fencing
Back YardPrivacy
Lot Features
Few TreesInterior LotIrregular Lot
Roof
Composition
Waterfront Features
Lake Privileges
Community Features
Association Dues
65
Community Features
LakePlaygroundPool
Financing Terms Available
CashConventional
HOA Fee Frequency
Monthly
School District
Alvarado ISD
Schools
School District
Alvarado ISD
Elementary School
Alvarado S
Middle School
Alvarado
High School
Alvarado
Listing courtesy of Kimberly Capps of Keller Williams Realty Kimberlycapps@kw.com
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