11 months on rocket

311 W Franklin St, Alvord, TX, 76225

$499,000

Home List Price

$5,926*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

311 W Franklin St, Alvord$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOpen, Parking Pad, Unpaved
Year Built1941
HeatingCentral, Electric
CoolingCentral Air, Electric, Multi Unit(s)
MLS #20488145
Lot Size0.32 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1941

Listing Office:

  • Office Name: Tomie Fox Real Estate Group, Parker Properties Real Estate
  • Office Phone: (940) 210-8088, (940) 627-9040
  • Listing Agent: Tomie Fox, Lana Hamblin

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Decorative/Designer Lighting Fixtures, Other

Exterior Features

Parking Information:

  • Parking: Open, Parking Pad, Unpaved

Virtual/3D Tour

  • Virtual Tour: 311 W Franklin St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Multi Unit(s)

Other

Directions Information:

  • Directions: MAPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000

Tax Information:

  • Annual Amount: $3,030
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Alvord, TX.

Map thumbnail provided by MapBox

Alvord, TX

City

Med. List Price

$399.5K

Med. Price/SqFt

$220

Avg. Days On Market

144

# of Sold Homes

1

311 W Franklin St vs Alvord

351 DAYS ON ROCKET

+207 Days

$499,000

+$99.5K More

KEY TAKEAWAY

This property is $99.5K more than the Median List Price in Alvord, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20488145

Listing Office:

  • Office Name: Tomie Fox Real Estate Group, Parker Properties Real Estate
  • Office Phone: (940) 210-8088, (940) 627-9040
  • Listing Agent: Tomie Fox, Lana Hamblin

IDX ©2024 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.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/24/2024, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,030$142,260
2020$929$119,390
2019$958$42,010
2018$958$40,500
2017$778$32,540

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1076783
5
/10

  • Alvord Elementary School

  • 711 W Stadium Dr

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-1076784
8
/10

  • Chico Elementary School

  • 1120 Park Rd

  • 8.09 miles

  • Public District Grades PK-5

school-card-donut-1076785
3
/10

  • Bridgeport Intermediate School

  • 1400 US Highway 380

  • 10.04 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,816. The most common annual income of people living in Alvord, TX is between $35k-100k. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Wise County›Alvord›76225›311 W Franklin St

This home is located at 311 W Franklin St in Alvord, TX and zip code 76225. This home, which was built in 1941, sits on a 0.32 acre lot. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $499,000.

In October 2024 in Alvord, TX there were 3.1% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $399,500, while the average time on the real estate market was 144 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources