402 S Watson Street, Alvarado, TX 76009 - Photo 1

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$174,500 Sale Pending

For Sale
Pending
Single Family
3 Beds
1 Full Bath
1 Partial Bath
1.365 Acres
2 Car Garage

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Property Description

OWNER FINANCING AVAILABLE AT $1,200 A MONTH! Nestled on a spacious 1.05-acre lot in the quiet Cotter Oaks subdivision, this 3-bedroom, 1.5-bath home offers a rare opportunity to bring your vision to life in a peaceful, country-style setting. With 1,085 square feet of living space, this single-story traditional home features an eat-in kitchen, a combination of carpet, linoleum, and wood flooring, and a versatile layout ideal for customization. Enjoy the privacy of rural living with no HOA and a generous lot dotted with mature trees and large grassy areas-perfect for gardening, entertaining, or future expansion. The property includes a two-car covered carport, an open driveway, and both on-site and outdoor parking options. It's fully fenced with chain link, and is equipped with electric utilities, septic, and a well. Accessibility features include an approach ramp, making the home easier to navigate. The location is a commuter's dream-just minutes from I-35W, offering quick access to Fort Worth and nearby amenities. Whether you're an investor, DIY enthusiast, or first-time buyer ready to renovate, this is your chance to own a slice of Texas countryside with big potential. Seller financing requires 20% down on a 30 year fixed. Interest rate is negotiable with additional down payment.

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Full Property Details

Full Property Details for 402 S Watson St

General

Price: $174,500
Taxes: $3,053
Status: Pending
Type: Single Family
Source: NTREIS
MLS ID: 20936497
Updated: 12/26/2025
Added to Site: 247 day(s) ago

Interior

Interior Features: Eat-in Kitchen, Paneling/Wainscoting
Flooring: Carpet, Linoleum, Wood

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Other

Exterior

Exterior Features: RV Hookup

Parking

Garage: Yes
Garage Spaces: 2
Covered Spaces: 2
Parking Features: Covered, Driveway, Garage, On Site, Open, Outside, Unpaved

Location

County: Johnson
Subdivision: Cotter Oaks
Driving Directions: Get on I-35W. Follow I-35W S to Interstate 35 Frontage Rd in Alvarado. Take exit 26A from I-35W S. Continue on Interstate 35 Frontage Rd. Drive to S Watson St

School Information

Elem School District: Alvarado ISD
Midd School District: Alvarado ISD
High School District: Alvarado ISD
Elementary School: Alvarado S
High School: Alvarado

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Electric, Window Unit(s)
Heating Type: Electric, Space Heater

Utilities

Sewer: Septic Tank
Water: Public
Utility Description: Electricity Available, Electricity Connected, Overhead Utilities, Septic Available, Water Available

Structural Information

Property Detached: Yes
Architectural Style: Traditional, Detached
Structure Type: House
Detached/Attached: Detached
Construction: Wood Siding
Roof: Composition
Stories/Levels: 1
Living Area: 1,085 Sq. Ft.
Year Built: 1962

Lot Features

Lot Size (Acres): 1.365
Lot Size (Sq. Ft.): 59,459.4
Lot Size Source: Assessor
Lot Features: Acreage, Back Yard, Lawn, Level, Few Trees
Trees/Vegetation: Brush, Grassed
Fencing (Description): Chain Link

Financial Considerations

For Sale/Rent/Lease: For Sale
Tax Amount: $3,053
Terms: Cash, Conventional, Owner Will Carry

Disclosures and Reports

Legal Description: ABST 515 TR 39 N C LAUGHLIN
Property ID: 126051500220

Listed by DIY Realty, Tom Jung and DIY Realty, Jack Lisenby

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Listing agents

— 402 S Watson St —

Tom Jung

DIY Realty
Jack Lisenby

DIY Realty

817-765-6109

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NMLS#: 1598647

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Schools

Schools serving 402 S Watson St

School District:Alvarado Independent School District

Name	Grades	Distance
Alvarado High School 1301 South Parkway Drive, Alvarado, TX 76009	9-12	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 402 S Watson St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/27/2025

Price Reduced

$174,500

-0.29%

MLS

5/16/2025

Listed

$175,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 402 S Watson St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$3,053

11%

$119,525

—

2024

$2,752

1005%

$119,525

100%

2018

$249

-90%

100%

2021

$2,447

100%

2020

$1,225

1%

-100%

2019

$1,217

10%

$44,512

10%

2018

$1,109

9%

$40,301

10%

2017

$1,017

—

$36,637

—

2016

$1,012

—

$36,637

—

2015

$1,008

2%

$36,637

—

2013

$984

—

$36,637

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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402 S Watson Street, Alvarado, TX 76009 (MLS# 20936497) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 402 S Watson Street is currently listed for $174,500 and was received on May 16, 2025. Want to learn more about 402 S Watson Street? Do you have questions about finding other Single Family real estate for sale in Alvarado? You can browse all Alvarado real estate or contact a Coldwell Banker agent to request more information.

402 S Watson St Alvarado, TX 76009