Investor Opportunity! Tenant Occupied & Income Producing! This new construction 2-bedroom, 1-bath home in Blue Water Oaks offers an excellent opportunity for investors seeking a newer, low-maintenance rental property. The home is currently rented, providing an opportunity to acquire an income-producing property with a tenant already in place. Built with efficiency and convenience in mind, the home features spray foam insulation, a tankless water heater, granite countertops, an eat-in kitchen, and an open, functional layout. Located outside city limits in the peaceful Blue Water Oaks community, residents enjoy access to a private community pool, playground, boat ramp, and fishing dock. The combination of new construction, established rental income, and desirable lake-community amenities makes this a property worth adding to your investment portfolio. Owner financing is available. Buyer to verify all lease, rental, HOA, and property details.
For sale
$196,999
91 Live Oak St, Alvarado, TX 76009
2beds
900sqft
Single Family Residence
Built in 2026
2,570 Square Feet Lot
$196,100 Zestimate®
$219/sqft
$65/mo HOA
What's special
Fishing dockBoat rampGranite countertopsPrivate community poolEat-in kitchenSpray foam insulationTankless water heater
- 119 days
- 174
- 8
Zillow last checked:
Listing updated:
Listed by:
Nicole Shipman 0707901 817-888-8849,
The Property Shop 817-888-8849
Source: NTREIS,MLS#: 21256705
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 10 x 10
Bedroom
- Level: First
- Dimensions: 10 x 10
Living room
- Level: First
- Dimensions: 13 x 15
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan
- Flooring: Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 900 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None, Community
Lot
- Size: 2,570 Square Feet
Details
- Parcel number: 126232300910
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition
Condition
- New Construction
- Year built: 2026
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Boat Facilities, Dock, Fishing, Lake, Playground, Pool
- Subdivision: Blue Water Oaks
HOA
- Has HOA: Yes
- Services included: All Facilities, Association Management, Maintenance Grounds
- HOA fee: $65 monthly
- HOA name: Blue Water Oaks Poa
- HOA phone: 817-783-7772
Location
- Region: Alvarado
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $60,000
- Annual tax amount: $998
- Date on market: 5/7/2026
- Cumulative days on market: 119 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Lease Option,Owner Will Carry,USDA Loan,VA Loan
Estimated market value
$196,100
$186,000 - $206,000
$1,608/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/24/2026 | Listed for rent | -- |
Source: Zillow Rentals Report a problem | ||
| 5/7/2026 | Listed for sale | $196,999+278.8%$219/sqft |
Source: NTREIS #21256705 Report a problem | ||
| 12/19/2025 | Sold | -- |
Source: NTREIS #21054421 Report a problem | ||
| 12/16/2025 | Pending sale | $52,000$58/sqft |
Source: NTREIS #21054421 Report a problem | ||
| 12/3/2025 | Price change | $52,000-8.5%$58/sqft |
Source: NTREIS #21054421 Report a problem | ||
| 9/8/2025 | Listed for sale | $56,800+111.2%$63/sqft |
Source: NTREIS #21054421 Report a problem | ||
| 9/8/2025 | Listing removed | $26,900$30/sqft |
Source: NTREIS #20866026 Report a problem | ||
| 7/14/2025 | Price change | $26,900-1.5%$30/sqft |
Source: NTREIS #20866026 Report a problem | ||
| 6/5/2025 | Price change | $27,300-1.8%$30/sqft |
Source: NTREIS #20866026 Report a problem | ||
| 5/8/2025 | Price change | $27,800-3.5%$31/sqft |
Source: NTREIS #20866026 Report a problem | ||
| 4/22/2025 | Price change | $28,800-3.4%$32/sqft |
Source: NTREIS #20866026 Report a problem | ||
| 4/8/2025 | Price change | $29,800-0.3%$33/sqft |
Source: NTREIS #20866026 Report a problem | ||
| 3/9/2025 | Listed for sale | $29,900-44.6%$33/sqft |
Source: NTREIS #20866026 Report a problem | ||
| 5/16/2022 | Sold | -- |
Source: NTREIS #20018461 Report a problem | ||
| 5/12/2022 | Pending sale | $54,000$60/sqft |
Source: NTREIS #20018461 Report a problem | ||
| 5/3/2022 | Contingent | $54,000$60/sqft |
Source: NTREIS #20018461 Report a problem | ||
| 4/15/2022 | Price change | $54,000-1.8%$60/sqft |
Source: NTREIS #20018461 Report a problem | ||
| 3/27/2022 | Listed for sale | $55,000$61/sqft |
Source: NTREIS #20018461 Report a problem | ||
| 3/13/2007 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $998 -6.7% | $60,000 -0.6% |
| 2024 | $1,069 -8.1% | $60,350 -14.2% |
| 2023 | $1,163 -12% | $70,350 |
| 2022 | $1,322 +241.5% | $70,350 +245.7% |
| 2021 | $387 -5% | $20,350 |
| 2020 | $407 +44.3% | $20,350 +44.3% |
| 2019 | $282 -2% | $14,100 |
| 2018 | $288 +19% | $14,100 +19% |
| 2017 | $242 +0.7% | $11,850 |
| 2016 | $241 +0.9% | $11,850 |
| 2015 | $238 | $11,850 |
| 2014 | $238 | $11,850 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76009
Nearby schools
Schools provided by the listing agent
- Middle: Alvarado
- High: Alvarado
- District: Alvarado ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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