311 W Franklin Street Alvord, TX $ 499,000
311 W Franklin Street
$ 499,000
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311 W Franklin Street

Alvord, TX, 76225
$ 499,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 3,317

311 W Franklin Street, Alvord, TX 76225 - Image 1
311 W Franklin Street, Alvord, TX 76225 - Image 2
311 W Franklin Street, Alvord, TX 76225 - Image 3
311 W Franklin Street, Alvord, TX 76225 - Image 4
311 W Franklin Street, Alvord, TX 76225 - Image 5
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Multi-Family Home for sale in Alvord, TX

for $499,000 with 3 bedrooms and 3 full baths. This home was built in 1941 on a lot size of 0.321.

Welcome 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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Multi-Family Active

Price

$ 499,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,532

Style

Duplex

Lot Size

0.321

Year Built

1941

Town/City

Alvord

County/Region

Wise

MLS | Web ID

20488145

Features
Interior
Interior Features Built-in Features Decorative Lighting Other
Flooring Ceramic Tile
Total Units 3
Street Suffix Street
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General
Heating Central Electric
Complex Name NA
Cooling Central Air Electric Multi Units
Utilities All Weather Road City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher
School District Alvord ISD
Pool Y/N 0
Year Built 1941
Levels One
Property SubType Duplex
Subdivision Name Original Alvord
Occupant Type Tenant
County Wise
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions MAPS Friendly
City Alvord
Buyer Agent Compensation 3%
Elementary School Name Alvord
High School Alvord
Street Name Franklin
Elementary School Alvord
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Open Parking Pad Unpaved
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 2432.00
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Tomie Fox

Listing Agent

Tomie Fox Real Estate Group

Broker

Affordability Calculator

$3,528
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
287029 Elementary School
3672559 Middle School
Pricing History
DatePricePrice ChangeDescription
12/8/2023$499,000 Listed Price

Map


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311 W Franklin Street, Alvord, TX, 76225 is a Multi-Family Home for sale at $499,000 with a lot size of 0.321. 311 W Franklin Street has 3 bedrooms, 3.0 baths, and was built in 1941. The property's zip code is 76225 which is in Alvord, TX