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$425,000

  • For Sale
  • Active
  • Duplex
  • 2,432 Sq. Ft.
  • 0.321 Acres
See This Home
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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.

Full Property Details for 311 W Franklin St

General

  • Price: $425,000
  • Taxes: $2,532
  • Status: Active
  • Type: Duplex
  • Source: NTREIS
  • MLS ID: 21059655
  • Updated: 9/23/2025
  • Added to Site: 118 day(s) ago

Interior

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

Parking

  • Total Spaces: 2
  • Parking Features: Open, Parking Pad, Unpaved

Location

  • County: Wise
  • Subdivision: Original Alvord
  • Driving Directions: MAPS Friendly

School Information

  • Elem School District: Alvord ISD
  • Midd School District: Alvord ISD
  • High School District: Alvord ISD
  • Elementary School: Alvord
  • Middle School: Alvord
  • High School: Alvord

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

  • # Buildings: 1
  • Detached/Attached: Detached
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 2,432
  • Sq. Ft. Source: Assessor
  • Year Built: 1941

Lot Features

  • Lot Size (Acres): 0.321
  • Lot Size (Sq. Ft.): 13,982.76
  • Frontage: All Weather Road

Financial Considerations

  • Assoc Fee Freq.: Other
  • Tax Amount: $2,532

Disclosures and Reports

  • Legal Description: LOT 10 & 11 BLK 29 ORIGINAL ALVORD
  • Disclosures/Rstr.: Municipal Utility District Disclosure
  • Property ID: S0060031700
  • Block: 29
  • Lot Number: 10

Listed by Tomie Fox Real Estate Group, Tomie Fox and Tomie Fox Real Estate Group, Lana Hamblin

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Listing agents

— 311 W Franklin St —

  • Tomie Fox

    Tomie Fox Real Estate Group

  • Lana Hamblin

    Tomie Fox Real Estate Group

940-627-9040

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 311 W Franklin St

School District:Alvord Independent School District
NameGradesDistance
Alvord Elementary School
711 Stadium Drive, Alvord, TX 76225
PK-50.3 mi
Alvord Middle School
328 Fm 1655, Alvord, TX 76225
6-80.7 mi
Alvord High School
1049 W Bypass 287, Alvord, TX 76225
9-120.5 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 311 W Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2025
Price Reduced
$425,000
-14.83%
MLS
9/22/2025
Listed
$499,000
—
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 for 311 W Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,546
50%
$295,985
89%
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
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Tomie Fox Real Estate Group, Tomie Fox and Tomie Fox Real Estate Group, Lana Hamblin

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311 W Franklin Street, Alvord, TX 76225 (MLS# 21059655) is a Duplex property with 0 bedrooms and 0 full bathrooms. 311 W Franklin Street is currently listed for $425,000 and was received on September 22, 2025. Want to learn more about 311 W Franklin Street? Do you have questions about finding other Duplex real estate for sale in Alvord? You can browse all Alvord real estate or contact a Coldwell Banker agent to request more information.

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