- 3 beds
- 2 baths
- 1,344 sqft
- 6,969 sqft lot
- $100 per sqft
- 1996 build
- – on site
Investor or Handyman’s Dream! Located in the revitalizing, cozy Blue Water Oaks community on beautiful Lake Alvarado, this unique property offers endless potential. Sitting on three spacious lots, the existing home can be remodeled to create your perfect lakeside retreat—or removed to make way for two new homes! The HOA amenities are outstanding, including a private boat ramp, fishing dock, community pool, playground, on-site trash dumpsters, and even its own fire department—making this an ideal investment in a growing, well-supported neighborhood. Whether you're looking to flip, build, or design your dream lake property, this opportunity is packed with potential. Bring your vision and your tool belt—Lake Alvarado is calling! The seller is willing to review all offers.
Last checked:
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Last updated Jun 24, 2025
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MLS# 20970858 —
The Building
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Year Built:1996
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Year Built Details:Preowned
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Architectural Style:Traditional
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Structural Style:Mobile Doublewide w/Land
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Accessibility Features:No
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Roof:Composition
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Basement:No
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Foundation Details:Pillar/Post/Pier
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Levels:One
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Construction Materials:Siding
Interior
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Interior Features:Open Floorplan, Walk-In Closet(s)
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Flooring:Linoleum
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Laundry Features:Full Size W/D Area
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:1344.00
Location
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Directions:FM 4 out of Cleburne, left on 3136, straight onto 316, right on 411A, left on 405, right on Oak Hill Rd, straight onto Chambers Dr, right on second Pin Oak Street entrance
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Latitude:32.36544500
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Longitude:-97.23554700
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:126232301200
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Lot Features:Few Trees, Interior Lot, Irregular Lot
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:6969.6000
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Lot Size Acres:0.1600
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Lot Size Area:0.1600
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Easements:Utilities
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Restrictions:Deed
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Fencing:Back Yard, Privacy
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Soil Type:Unknown
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Horse Permitted:No
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Waterfront:No
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Lake Pump:No
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:119
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Tax Legal Description:LOT 119,120 BLUE WATER OAKS 126.6623.00884
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20970858
Heating & Cooling
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Heating:Electric, Heat Pump
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Cooling:Electric
Utilities
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Utilities:Private Sewer, Private Water
Appliances
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Appliances:Dishwasher, Electric Range
Schools
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School District:Alvarado ISD
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Elementary School:Alvarado S
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Elementary School Name:Alvarado S
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Jr High School Name:Alvarado
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Intermediate School Name:Alvarado
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High School Name:Alvarado
The Community
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Subdivision Name:Blue Water Oaks
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Senior Community:No
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Community Features:Boat Ramp, Lake, Playground, Pool
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Pool:No
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Association Type:Mandatory
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Association Fee:65
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Association Fee Includes:Maintenance Grounds, Management Fees, Trash
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Association Fee Frequency:Monthly
Parking
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Garage:No
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Parking Features:Open
Monthly cost estimate

Asking price
$134,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$722
|
Taxes | N/A |
Insurance | $37 |
HOA fees | $65 |
Utilities | $136 See report |
Total | $960/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.