Known as "The Crossroads of Johnson County," Alvarado holds the distinction of being the county's oldest city. Named after Alvarado, Veracruz, Mexico, this historic Texas town sits at the intersection of US Highway 67 and Interstate 35W, offering renters convenient access to major metropolitan areas — just 26 miles south of Fort Worth and 39 miles southwest of Dallas.

Alvarado presents an appealing rental market with average one-bedroom apartments renting for $1,173 monthly. The town features a mix of rental options including small apartment communities and single-family homes. Residents enjoy the tranquility of Alvarado Park Lake, located three miles west of I-35W, which provides opportunities for fishing, boating, and outdoor recreation. The Alvarado Parkway Park offers additional green space for outdoor activities and relaxation.

Commuters benefit from Alvarado's strategic location with easy interstate access to the Dallas-Fort Worth metroplex. The town's position in the Barnett Shale region has contributed to its economic development in recent years. The median household income is $85,428, reflecting the area's economic stability. Neighboring communities include Venus to the east, Keene to the west, Burleson to the north, and Grandview to the south.