Tour
$1,366 Closing Credit¹
#20890513, Crystal Holmes, Listing Office: Grandview Real Estate
$80,000 List price
501 S 5th St Alvarado, TX 76009
$950
Closing credit¹
2 beds
1 full
784 sqft
0.3 acres
$102 / sqft
House
Property details
About 501 S 5th St
Location, location, location! This 0.31-acre property in the heart of Alvarado offers incredible potential. Just a short walk to Alvarado High School and minutes from I-35 and US-67, providing both convenience and accessibility. The true value is in the land, making it an excellent opportunity for investors or those looking to build. The condition of the existing home is unknown and is being sold as-is. No mobile homes are allowed, and new construction must be a minimum of 1,200 sq. ft. For current building requirements, contact City of Alvarado Planning & Zoning.
Highlights
Home typeSingle Family Residence
StatusActive
Size784 sqft
Lot size0.315 Acres
Year built1977
ParkingDriveway
MLS #20888378
Summary
- Full Bathrooms: 1
- Appliances: Gas Cooktop, Gas Oven
- Basement: No
- Interior: Eat-in Kitchen
- Total Bedroom Count: 2
- Parking: Driveway
- Architectural Style: Detached
- List Price: $80,000
- Price/SqFt: $102
- Annual Tax Amount: $250
- Tax Year: 2023
- Lot: Back Yard, Lawn, Few Trees
- Directions: From I-35W S, Take exit 24 for Farm to Market Rd 3136 toward Farm to Market Rd 1706, merge on FM3136 E. Turn left onto I-35BL , continue onto Maple Ave, left on S 5th St. Property will be on the left.
- Year Built: 1977
- Living Area: 784 SqFt
- Lot Size: 0.315 Acres
- MLS Number: 20888378
- MLS Name: NTR
- Office Name: Compass RE Texas , LLC
- Office Phone: (817) 516-5617
- Listing Agent: Melissa Bridgewater
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/4/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$80,000
501 S 5th St
$950
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 |
|---|---|---|
| 2023 | $105,763 | $250 |
| 2022 | $47,957 | $344 |
| 2021 | $47,957 | $295 |
| 2020 | $38,427 | $1,057 |
| 2019 | $34,934 | $961 |
| 2018 | $34,934 | $961 |
| 2017 | $34,934 | $969 |
History based on county public records data.
Nearby schools
4
Alvarado Intermediate School
Public District 4-6
0.9 mi
•1401 E Davis Ave
3
Venus Elementary School
Public District 2-5
6.4 mi
•20 Bulldog Dr
5
Santa Fe Elementary School
Public District PK-4
9.3 mi
•1601 E Henderson St
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 $45,413. Typical income of Alvarado, TX residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
36%
<35k
53%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
17%
Single, with Kids
19%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
Hunting
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 S 5th St
The listing price of 501 S 5th St property is $80,000.
The property 501 S 5th St is a house located in Alvarado, Texas, 76009.
Active Listing: 501 S 5th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 S 5th St are: Alvarado Intermediate School (GreatSchools Rating 4/10), Venus Elementary School (GreatSchools Rating 3/10), Santa Fe Elementary School (GreatSchools Rating 5/10), Alvarado Junior High School (GreatSchools Rating 4/10), Keene Jr High School (GreatSchools Rating 7/10), Venus Middle School (GreatSchools Rating 3/10), Alvarado High School (GreatSchools Rating 5/10), Keene High School (GreatSchools Rating 5/10), Venus High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $250 (source: MLS/based on county public records data).
The property at 501 S 5th St has 2 bedrooms and 1 bathroom.
The property 501 S 5th St is 784 SqFt (source: MLS/tax record).
The year of construction for 501 S 5th St is 1977.
This home is located at 501 S 5th St in Alvarado, TX and zip code 76009 in the New Town neighborhood. This 784 square foot home, which was built in 1977, sits on a 0.32 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $80,000.
The inventory of homes for sale in Alvarado, TX between March and April 2025 decreased by 4.5%. While the average time on the market in April 2025 was 111 days, the median list price was $349,999.
From Rocket Homes Real Estate and based on county public records data.