Status: Active
311 W Franklin St
Alvord, TX 76225
15% Drop
$499,000
$425,000
------/mo*
CalculateWelcome to this versatile income producing property with a rich history. Located in Alvord, TX., this property offers an incredible opportunity for entrepreneurs and business owners seeking a great location for their venture. The apartments feature A cozy 2 bed, 1 bath unit with a contemporary kitchen, spacious living area, and well-appointed bedrooms, and the larger 3 bed 2 bath unit has an updated kitchen. Currently, both units are leased out, generating a steady stream of income, and an excellent opportunity to build equity and wealth. Also, formerly a successful hair salon, the layout of the commercial space is adaptable for various business types. It is situated in a high-traffic area, ensuring maximum visibility and foot traffic. Whether it's a salon, boutique, or office space, this property is ready to accommodate your vision.
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- Bedrooms
- 3
- Baths
- 2
- House Size
- --
- Year Built
- 1941
- Lot Size
- 0.32 ac
- School District
- Alvord ISD
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Location
Market Insights
In the last 30 days, homes for sale in 76225, Alvord, TX were on the market for a median of 164 days and 50% of homes sold above list price.
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Start TourInterior Information
- appliances
- Dishwasher
- cooling
- Central Air
- Electric
- Multi Units
- features
- Built-in Features
- Other
- flooring
- Ceramic Tile
- heating
- Central
- Electric
Exterior Information
- roof
- Composition
Property Information
- architectural style
- Traditional
- foundation
- Slab
- parking
- Open
- Parking Pad
- Unpaved
- sewer
- Public Sewer
- subdivision name
- Original Alvord
- water source
- Public
- Listed By Tomie Fox
- (940) 627-9040
- Tomie Fox Real Estate Group
- (940) 210-8088
- MLS 21061700
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $2,532 (-16.4%) | $49,000 | $222,287 | $271,287 (+73%) |
| 2023 | $3,030 (0%) | $49,000 | $107,821 | $156,821 (-4.5%) |
| 2022 | $3,030 (0%) | $28,000 | $136,131 | $164,131 (+15.4%) |
| 2021 | $3,030 | $28,000 | $114,260 | $142,260 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$2,650
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,239
- Property Taxes
- $211
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
