Alvarado Homes under $500,000

Welcome to Alvarado, Texas – a charming town that perfectly blends small-town warmth with modern conveniences. Nestled in Johnson County, just a short drive from the bustling heart of the Dallas-Fort Worth metroplex, Alvarado offers a unique lifestyle that appeals to families, professionals, and retirees alike. With its rich history, friendly community, and beautiful landscapes, Alvarado is a hidden gem in the Lone Star State.

One of the most attractive features of Alvarado is the affordability of its housing market. For those seeking a home under $500,000, Alvarado presents a diverse selection of properties that cater to various tastes and budgets. From cozy single-family homes with charming front porches to spacious residences with modern amenities, you'll find a variety of options that make it easy to settle down in this delightful town.

Alvarado's prime location provides residents with easy access to major highways, making commuting to nearby cities a breeze. The town boasts excellent schools, beautiful parks, and a vibrant community spirit, perfect for raising a family or enjoying a peaceful retirement. With its annual events, local shops, and friendly neighbors, you'll quickly feel at home in Alvarado.

Whether you're a first-time homebuyer or looking to downsize, Alvarado's real estate market offers something for everyone. Discover the beauty and charm of this wonderful Texas town, where your dream home awaits just under $500,000. Come explore Alvarado today – your new beginning starts here!

Newest Alvarado Homes under $500,000

$294,990

4 Beds ⋅ 2 Baths ⋅ 21412014 MLS

MLS# 21412014 - Built by Trophy Signature Homes - January 2027 completion ~ The Harper is designed for those who need extra space and versatility. This four bedroom, two bathroom home features an expansive living area, flowing seamlessly into a modern kitchen with a large island - perfect for entertaining. The primary suite is a peaceful retreat with an en-suite bath, while three additional bedrooms offer flexibility for guests, a home office, or a creative space.

1509 Hemlock Dr, Alvarado

$306,990

3 Beds ⋅ 2 Baths ⋅ 21412011 MLS

MLS# 21412011 - Built by Trophy Signature Homes - January 2027 completion ~ Meet the Harrison, a three bedroom, two bathroom home blending cozy living with modern touches. A spacious primary bedroom with a walk-in closet and an en-suite bath is complemented by two secondary bedrooms, perfect for guests. The large family room opens to a contemporary kitchen, ideal for both relaxed weekends and casual entertaining.

1501 Hemlock Dr, Alvarado

$279,990

3 Beds ⋅ 2 Baths ⋅ 21412005 MLS

MLS# 21412005 - Built by Trophy Signature Homes - January 2027 completion ~ Discover the Hadley - a thoughtfully designed three bedroom, two bathroom home that offers comfort and efficiency. The open concept living and dining area creates a warm and inviting atmosphere, perfect for gatherings. With a spacious primary suite and two additional bedrooms, this plan is ideal for those seeking a balance of style and functionality in a cozy and well-designed layout.

1508 Hemlock Dr, Alvarado

$314,990

4 Beds ⋅ 3 Baths ⋅ 21411973 MLS

MLS# 21411973 - Built by Trophy Signature Homes - January 2027 completion ~ Step into the Hayden, where you’ll find four spacious bedrooms and three full bathrooms designed for maximum comfort and flexibility. An open-concept layout offers plenty of room to entertain, while the first-floor primary suite serves as a private getaway. With ample space, a large kitchen island, and additional storage, this plan is perfect for people who love to host.

1505 Hemlock Dr, Alvarado

$316,990

4 Beds ⋅ 3 Baths ⋅ 21411981 MLS

MLS# 21411981 - Built by Trophy Signature Homes - January 2027 completion ~ Step into the Hayden, where you’ll find four spacious bedrooms and three full bathrooms designed for maximum comfort and flexibility. An open-concept layout offers plenty of room to entertain, while the first-floor primary suite serves as a private getaway. With ample space, a large kitchen island, and additional storage, this plan is perfect for people who love to host.

1500 Hemlock Dr, Alvarado

$325,000

3 Beds ⋅ 2 Baths ⋅ 21409863 MLS

WELCOME TO 9530 JOHNS ROAD — A TRULY ONE-OF-A-KIND GEODOME PROPERTY ON 1.34 ACRES! If you're looking for something beyond the ordinary, this unique home delivers with its distinctive GeoDome design AND matching garage, creating a property with character you simply don't see every day. Located in an unincorporated area outside city limits with no HOA and no known restrictions, the property offers plenty of flexibility to make the space your own. Fresh interior and exterior paint, along with updated fixtures and finishes throughout, give the home a more contemporary feel while preserving its unique charm. A brand-new HVAC system adds another valuable update for the next owner. Inside, the open-concept layout takes advantage of the GeoDome's impressive interior space, while an upstairs loft overlooking the main living area provides the perfect spot for a second living area, office, game room or creative space. NEED AN ADDITIONAL BEDROOM? The seller is offering to assist with converting the upstairs loft and existing closet space into an additional bedroom, giving the next owner even more flexibility to tailor the floor plan to their needs. Outside, enjoy 1.34 acres with RV hookups, a storm shelter, spacious driveway and plenty of room to take advantage of the property's unique setting. From the architecture and acreage to the flexible floor plan, 9530 Johns Road is anything but cookie-cutter — come experience the GeoDome for yourself! ASK ABOUT OUR SPECIAL FINANCING!

9530 Johns Rd, Alvarado

$399,900

4 Beds ⋅ 3 Baths ⋅ 21410737 MLS

NEW! NEVER LIVED IN. Estimated completion November 2026. A game room, bedroom, and full bath give the upstairs of this Willow II its own purpose, creating a separate setting for games, overnight stays, or a change of scenery. Bloomfield Homes' two-story design offers 4 bedrooms, 3 full baths, a study, and a 2-car garage in Eagle Glen. Downstairs, the layout opens into a long stretch of connected living space, with the kitchen, breakfast area, and family room sharing an easy flow. The island keeps prep space at the center of the conversation, while upgraded quartz counters bring a crisp finish to the kitchen. A pantry keeps ingredients close, and the microwave and dishwasher support the daily routine. Wood-look flooring adds continuity to the interior without competing with the open layout. At the back of the home, the family room gets a window seat and a door to the covered patio. The primary suite also sits toward the rear, with its own access to the patio and a bath featuring dual sinks, a shower, linen storage, and a walk-in closet. Across the hall, 2 secondary bedrooms share another full bath, keeping the downstairs sleeping spaces grouped together. The front study has double doors that define a room for work, reading, or creative projects, while the foyer includes a plant shelf for a personal touch. Laundry sits near the garage entry, and storage beneath the stairs makes use of space that can otherwise go overlooked. An upgraded 8' front door and exterior lighting give the arrival presence, with landscaping, a sprinkler system, and rain gutters completing the outdoor details. Contact Bloomfield Homes or visit the Eagle Glen model to learn more about this Willow II today!

1032 Nighthawk Trl, Alvarado

$335,000

3 Beds ⋅ 2 Baths ⋅ 21410221 MLS

Welcome to this stunning new construction home in the desirable Eagle Glen subdivision in Alvarado! This beautifully designed 3-bedroom, 2-bath residence offers the perfect blend of modern style and everyday functionality. Step inside to an open-concept layout featuring durable LVP flooring that flows seamlessly through the main living areas. The spacious kitchen is equipped with sleek stainless steel appliances, ample cabinetry, and a layout ideal for both entertaining and daily living. The thoughtfully designed floor plan provides plenty of space for everyone, with generously sized bedrooms and well-appointed bathrooms. The primary suite offers a private retreat with comfort and convenience in mind. Enjoy outdoor living year-round on the covered patio—perfect for relaxing or hosting gatherings. The fully installed sprinkler system adds ease to lawn maintenance, keeping your yard looking its best.Located in a growing community, this home is a must-see! Schedule your private showing today!

1045 Nighthawk Trl, Alvarado

$233,000

3 Beds ⋅ 2 Baths ⋅ 21410150 MLS

INCREDIBLE BUYER INCENTIVES: $3,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $3,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. Vaulted ceilings give the connected living and dining areas at 208 Comanche Trl an open feel within a single-story Alvarado home. The kitchen pairs white cabinetry with ample counter space, an electric range and a dishwasher, with a window above the sink. Plank flooring continues through the main living areas and primary bedroom. The primary suite includes a walk-in closet and a bathroom with double sinks and a separate tub and shower. Additional bedrooms have carpet and closet storage, while an indoor laundry room keeps utility space separate. A fully fenced backyard and attached garage round out the practical layout. Home comes with a 100-Day Home Warranty

208 Comanche Trl, Alvarado

$230,000

3 Beds ⋅ 2 Baths ⋅ 21408738 MLS

Welcome to BRAND-NEW CONSTRUCTION in the charming Blue Water Oaks community of Alvarado! This beautifully designed 3-bedroom, 2-bath home showcases modern finishes and thoughtful upgrades throughout, offering the perfect blend of style, comfort, and functionality. Enjoy the appeal of a newly built home with contemporary touches that create a fresh, inviting atmosphere. Nestled near Lake Alvarado, this property offers the opportunity to embrace a relaxed lake-area lifestyle while enjoying the conveniences of modern living. Whether you’re searching for your first home, looking to downsize, or simply ready for something new, this home has plenty to offer! Experience the charm of a lake community without sacrificing the modern features today’s buyers desire. Don’t miss your opportunity to make this beautiful new construction your own! Buyer and buyer’s agent to independently verify all property information, including square footage, schools, community amenities, HOA requirements, and restrictions.

327 Boone, Alvarado

$234,900

3 Beds ⋅ 2 Baths ⋅ 21408555 MLS

Picturesque and lovingly maintained home offering effortless living with convenient access to I-35. Step inside to a sun-drenched open layout featuring seamless living and dining areas framed by rich laminate flooring. The spacious kitchen boasts built-in appliances and abundant cabinet storage. Relax in the private main-level primary suite, complete with a garden tub, separate shower, and generous walk-in closet. Upstairs houses two comfortable secondary bedrooms. Outside, enjoy morning coffee on the expansive back deck overlooking a large backyard with an included storage shed. A massive utility room includes built-in cabinetry, folding counter, sink, and space for a freezer. BONUS...Seller is offering to leave all furnishings or remove them if buyer prefers, a few of the items will not stay and will have a note indicating so...

710 S Spears St, Alvarado

$432,900

4 Beds ⋅ 3 Baths ⋅ 21408338 MLS

NEW! NEVER LIVED IN. Estimated completion November 2026. Bloomfield Homes’ Caraway brings 4 bedrooms, 3 full baths, and a 2-car garage together in a one-story design at 219 Seminole Trail. Two suites. Plenty of room to gather. A secondary bedroom with its own ensuite adds a distinct retreat near the front, while the primary suite occupies the rear with a window seat and a generous walk-in closet. Its bath pairs separate vanities and quartz counters with a garden tub, separate shower, and linen storage. A door from the primary closet into the laundry room makes the layout especially useful, and added base cabinets give that space a place to tuck away everyday supplies. The other two bedrooms share a full bath; the fourth bedroom replaces the plan’s formal dining room. At the center, the kitchen, breakfast area, and family room connect in an open sweep, with upgraded wood-look laminate flooring tying the shared spaces together. Quartz kitchen counters, an island, and under-cabinet lighting bring polish to the prep area, while a walk-in pantry keeps storage close. A gas range and microwave complete the cooking setup. The family room delivers the drama: a floor-to-ceiling stone gas fireplace with a cedar mantel and raised hearth. Upgraded interior lighting carries the attention to detail throughout. Step outside to a covered patio and a landscaped interior lot finished with a wood fence and sprinkler system. Brick and stone, an 8' front door, a covered front porch, and upgraded exterior lighting give the arrival its own presence. Visit Bloomfield Homes’ Sunset Ridge model to learn more about the Caraway floorplan today!

219 Seminole Trl, Alvarado

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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