412 W FRANKLIN STREET, ALVORD, TX 76225
Homes for sale in Alvord.
Homes for sale in 76225.
List Price$590,000
412 W Franklin Street
Alvord, TX 76225
Listing #21293554
About This Property
Here is an investment opportunity in the city of Alvord, Texas. Built in 2019, this triplex offers modern construction, durable exterior features, and strong long-term rental appeal for investors seeking to expand or stabilize their portfolio. Each unit features approximately 1,224 square feet of living space with three bedrooms and two full bathrooms, creating an attractive option for families, workforce housing, or long-term tenants seeking comfort and convenience. The thoughtfully designed floor plans include spacious living areas, separate kitchen nooks for dining, and electric range appliances in each unit. Electric washer and dryer connections provide added convenience for tenants while reducing maintenance concerns often associated with shared laundry facilities. Each residence is also equipped with individual HVAC systems, allowing tenants to control their own comfort while helping owners manage utility efficiency more effectively. A durable metal roof enhances the property's exterior appeal while potentially contributing to lower long-term maintenance costs and extended roof life compared to many traditional roofing materials. Additional storage space adds practical value for residents and increases the property's marketability in a competitive rental environment. The property's newer construction age may provide advantages related to reduced deferred maintenance compared to older multifamily assets, making this an appealing option for both seasoned and first-time investors. Located in Alvord, this property benefits from the appeal of small-town Texas living while maintaining access to larger North Texas employment and growth corridors. The combination of modern construction, desirable unit sizes, and functional amenities positions this property as a strong income-producing asset with long-term upside potential. Multifamily opportunities with this combination of age, layout, and functionality remain increasingly difficult to find in today's market.
Property Features
Location Information
County
Wise
Subdivision
Original Alvord
Interior Features
Interior
High Speed Internet
Cooling
Central Air, Electric
Full Baths
6
Floors
Wood
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Disposal
Heating
Central, Electric
Total Number of Units
3
Exterior Features
Stories
1
Lot Size in Acres
0.223
Construction
Brick, Wood Siding
Lot Size in Sq. Ft.
9,713
Foundation
Slab
Buildings
1
Roof
Metal
Building Total Area (Sq. Ft.)
3,395
Utilities
Electricity Connected, Sewer Available, Water Available
Road Description
Asphalt
Parking Description
Gravel
Is One Story
Yes
Pool Description
None
School
Elementary School District
Alvord ISD
Jr. High School
Alvord
Elementary School
Alvord
High School
Alvord
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Triplex
Tax Annual Amount
7949.0
Year Built
2019
Similar Listings
Mortgage Calculator
$2,754
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,126
Monthly Tax
$491
Monthly Insurance
$137
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Thomas Gibson, CENTURY 21 Judge Fite Co.- Decatur

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NTREIS - North Texas data last updated at June 7, 2026, 7:20 AM CT
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