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311 W Franklin Street, 
Alvord, TX 76225

$425,000


Bed


Bath


2,432

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Tomie Fox

Lana Hamblin

Tomie Fox Real Estate Group

Last updated:

September 25, 2025, 11:53 AM

MLS#

21059655

Source:

GDAR

About This Home

311 W Franklin Street

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.

Home Facts

Multi-Family

Built in 1941

Price Summary

425,000

$174 per Sq. Ft.

MLS #:

21059655

Last Updated:

September 25, 2025, 11:53 AM


Rooms & Interior

Interior

Living Area:

2,432 Sq. Ft.


Structure

Structure

Building Area:

2,432 Sq. Ft.

Year Built:

1941


Lot

Lot Size (Sq. Ft):

13,982


Finances & Disclosures

Finances

Price:

$425,000

Price per Sq. Ft:

$174 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 25, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Anderson Realtors.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.