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311 W Franklin Street, Alvord, TX 76225
$499,000
311 W Franklin Street, Alvord, TX 76225View this property at 311 W Franklin Street, Alvord, TX 76225
311 W Franklin StreetAlvordTX76225
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Property Description
Welcome to this versatile commercial building 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. Formerly a successful hair salon, the layout of the 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. 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.
Full Property Details
Full Property Details for 311 W Franklin St
General
- Price: $499,000
- Taxes: $3,138
- Status: Active
- Type: Business
- MLS ID: 20482276
- Updated: 3/29/2024
- Added to Site: 151 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Ceramic Tile
Parking
- Parking Features: Open, Parking Pad, Unpaved
Location
- County: Wise
- Subdivision: Original Alvord
- Driving Directions: MAPS Friendly
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Multi Units
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,712
- Sq. Ft. Source: Public Records
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.321
- Lot Size (Sq. Ft.): 13,982.76
- Lot Size Source: Assessor
- Frontage: City Street, All Weather Road
- Zoning: Commercial & Residential
Financial Considerations
- Tax Amount: $3,138
- Tenant Pays: All Utilities
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: LOT 10 & 11 BLK 29 ORIGINAL ALVORD
- Inclusions: Building Only, Land & Improvements
- Property ID: S0060031700
- Block: 29
- Lot Number: 10-12
Listed by Tomie Fox Real Estate Group, Tomie Fox and Parker Properties Real Estate, Lana Hamblin
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Schools
Schools serving 311 W Franklin St
School District:Alvord Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
711 W Stadium Dr, Alvord, TX 76225 | PK-5 | 0.2 mi | |
328 S Fm 1655, Alvord, TX 76225 | 6-8 | 0.3 mi | |
1049 W Bypass 287, Alvord, TX 76225 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 W Franklin St
Date
Details
Price
Change
Source
11/29/2023
Listed
$499,000
—
MLS
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 311 W Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$3,030
—
$156,821
-4%
2021
$3,030
—
$164,131
15%
2021
$3,030
15%
$142,260
19%
2020
$2,641
184%
$119,390
184%
2019
$929
-3%
$42,010
4%
2018
$958
23%
$40,500
24%
2017
$778
5%
$32,540
5%
2016
$739
-3%
$30,900
-4%
2015
$763
-6%
$32,110
-6%
2014
$816
-21%
$34,090
-20%
2013
$1,035
—
$42,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 311 W Franklin St
311 W Franklin Street, Alvord, TX 76225 (MLS# 20482276) is a Business property. 311 W Franklin Street is currently listed for $499,000 and was received on November 29, 2023. Want to learn more about 311 W Franklin Street? Do you have questions about finding other Business real estate for sale in Alvord? You can browse all Alvord real estate or contact a Coldwell Banker agent to request more information.