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    402 S Watson St Alvarado, TX 76009

    For Sale
    $174,500

    Improved Land - Alvarado, TX

    Lot size:
    1.37 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for 402 S Watson St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    126051500220
    Exterior features
    Lighting, Rv Hookup, Fence
    Fencing
    Fenced
    Lot size
    1.37 Acres

    Utilities

    Heating system
    Electric (Heating), Space Heater
    Cooling system
    Electric, Multi Units, Window Unit(s)

    Building Details

    Year built
    1962
    Architectural style
    Other

    940 Real Estate Group (940) 781-4673

    Listing agent Tom Jung (817) 765-6109 License #0656828

    Listing date Aug 29, 2025

    MLS# 21014778 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Lot in Cotter Oaks

    Located in the Cotter Oaks subdivision, this property features a 1.05-acre lot with a 3-bedroom, 1.5-bath home. The single-story traditional home offers 1,085 square feet of living space, including an eat-in kitchen and a versatile layout with carpet, linoleum, and wood flooring. The property provides privacy with no HOA, mature trees, and large grassy areas suitable for gardening, entertaining, or future expansion. It includes a two-car covered carport, an open driveway, on-site and outdoor parking, and is fully fenced with chain link. Utilities include electric, septic, and a well. Accessibility features include an approach ramp. Situated minutes from I-35W, the location offers convenient access to Fort Worth and nearby amenities. Owner financing is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.219645
    Latitude
    32.400936

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    FAQs

    What type of property is this?
    Single family property - 1.05-acre lot with a 3-bedroom home and mature trees.
    Where is this single family property located?
    The property is located at 402 S Watson St Alvarado, TX.
    What is the asking price?
    The asking price for this property is $174,500.
    What are key features of this property?
    This property features: - Owner financing available at $1,200 a month.; - Spacious 1.05-acre lot with mature trees and large grassy areas.; - No HOA, offering freedom and flexibility.
    (817) 765-6109
    Request Owner's contact information
    402 S Watson St Alvarado, TX 76009
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    Alvarado, TX 76009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 S Watson St Alvarado, TX 76009
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