$5,926
closing credit¹
311 W Franklin St Alvord, TX 76225
Property details
About 311 W Franklin St
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.
Highlights
Virtual tour
Summary
- MLS Number: 20488145
- MLS Name: NTR
- Office Name: Tomie Fox Real Estate Group, Parker Properties Real Estate
- Office Phone: (940) 627-9040
- Listing Agent: Tomie Fox, Lana Hamblin
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Last updated on: 2/1/2025, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
311 W Franklin St
$5,926
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $271,287 | $2,531 |
| 2023 | $156,821 | $3,029 |
| 2022 | $164,131 | $3,029 |
| 2021 | $142,260 | $3,029 |
| 2020 | $119,390 | $929 |
| 2019 | $42,010 | $958 |
| 2018 | $40,500 | $958 |
| 2017 | $32,540 | $777 |
History based on county public records data.
Nearby schools
5
Alvord Elementary School
Public District PK-5
0.2 mi
•711 W Stadium Dr
8
Chico Elementary School
Public District PK-5
8.1 mi
•1120 Park Rd
3
Bridgeport Intermediate School
Public District 3-5
10.0 mi
•1400 US Highway 380
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,816. The majority of Alvord, TX residents have income between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
This home is located at 311 W Franklin St in Alvord, TX and zip code 76225. Features: 0 bathroom. It has been listed on Rocket Homes since December 8, 2023 and is currently priced at $499,000.
In January 2025 in Alvord, TX there were 13.6% more homes for sale than in December. In January 2025, listings were on the market for 135 days. During the same period, the median list price in this real estate market was $370,000.