+1(469) 922-0005 nikki.eche@cbrealty.com
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    412 W Franklin Street Alvord, TX 76225

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    UPDATED:

    $ 590,000
    412 W Franklin Street Alvord, TX 76225
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    412 W Franklin Street, Alvord, TX 76225
    412 W Franklin Street, Alvord, TX 76225
    412 W Franklin Street, Alvord, TX 76225
    412 W Franklin Street, Alvord, TX 76225
    412 W Franklin Street, Alvord, TX 76225
    412 W Franklin Street, Alvord, TX 76225
    REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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    Nikki Eche

    Nikki Eche

    nikki.eche@cbrealty.com +1(469) 922-0005
    $ 590,000
    Est. payment | /mo

    9 Beds

    6 Baths

    9,713 Sqft Lot


    Save Virtual Tour
    $ 590,000
    Est. payment | /mo
    Save Virtual Tour

    9 Beds

    6 Baths

    9,713 Sqft Lot

    Key Details

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    Subdivision Original Alvord

    MLS Listing ID 21293554

    Bedrooms 9

    Full Baths 6

    HOA Y/N None

    Total Fin. Sqft 3395

    Year Built 2019

    Annual Tax Amount $7,949

    Lot Size 9,713 Sqft

    Acres 0.223

    Property Sub-Type Triplex

    Property Description

    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.

    Location

    State TX

    County Wise

    Direction From US 287 and US 380 in Decatur, TX, head northwest on US 287 N, US 81 N. Take the US-81 BUS N, US-287 BUS N exit toward Alvord and continue onto US 287 BUS N, US 81 BUS N. Your destination will be on the right.

    Interior

    Interior Features High Speed Internet Available

    Heating Central, Electric

    Cooling Central Air, Electric

    Flooring Wood

    Appliance Dishwasher, Disposal, Electric Range

    Heat Source Central, Electric

    Exterior

    Utilities Available Asphalt, City Sewer, City Water, Electricity Connected

    Roof Type Metal

    Garage No

    Building

    Story One

    Foundation Slab

    Level or Stories One

    Structure Type Brick,Wood

    Schools

    Elementary Schools Alvord

    Middle Schools Alvord

    High Schools Alvord

    School District Alvord Isd

    Others

    Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21293554

    North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
    ©2026 North Texas Real Estate Information Systems.
    Listed by Thomas Gibson • CENTURY 21 Judge Fite Co.- Decatur

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    Nikki Eche
    Nikki Eche

    REALTOR® | Lic# 0767737

    nikki.eche@cbrealty.com

    +1(469) 922-0005

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    412 W Franklin Street

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