TX
Wise
Alvord
76225
412 W Franklin Street
412 W Franklin Street, Alvord, TX 76225
Share Listing
Listing Type
Multi Family
Listing Status
Active
23
$590,000

Home Details for 412 W Franklin Street

Price
$590,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
6
Full Bathrooms
6
Year built
2019
Lot size acres
0.223
County
Wise
MLS Listing#
21293554
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.

View Virtual Tour
Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • House Interior
    • High Speed Internet
  • Utilities
    • Electricity Connected
  • Parking
    • Gravel
School Information
School Information for 412 W Franklin Street, Alvord, TX 76225
Elementary School
Alvord
Middle School
Alvord
High School
Alvord
Listing Courtesy: CENTURY 21 Judge Fite Co.- Decatur - 940-969-0123
Presented by: Thomas Gibson
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-06-06 06:50:33
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
Request more details
Code: