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412 W Franklin Street, 
Alvord, TX 76225

$570,000


9

Beds


6

Baths


3,395

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Thomas Gibson

Century 21 Judge Fite Co.- Decatur

Last updated:

August 22, 2026, 12:07 PM

MLS#

21293554

Source:

GDAR

About This Home

412 W Franklin Street

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.

Home Facts

Multi-Family

6 Baths

9 Bedrooms

Built in 2019

Subdivision & Development:

Original Alvord

Price Summary

570,000

$167 per Sq. Ft.

MLS #:

21293554

Last Updated:

August 22, 2026, 12:07 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

3,395 Sq. Ft.


Structure

Structure

Building Area:

3,395 Sq. Ft.

Year Built:

2019


Lot

Lot Size (Sq. Ft):

9,713


Finances & Disclosures

Finances

Price:

$570,000

Price per Sq. Ft:

$167 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 22, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Anderson Realtors.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.