Mixed-Use Building with
For Sale
$420,000
311 E Franklin Street, Alvord, TX 76225
CommercialSale, Alvord, TX
Property SizeContact for details
Lot Size0.32 Acres
Days on Market151
Property Features for 311 E Franklin Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial & Residential
Parking features
Open, Paved or Surfaced
Subdivision
Original Alvord
Directions
MAPS Friendly
Standard status
Active
APN
S0060031700
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
LOT 10 & 11 BLK 29 ORIGINAL ALVORD
Tax Annual Amount
3138
Legal Description
LOT 10 & 11 BLK 29 ORIGINAL ALVORD
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Multi Units
Water source
Public
Building Details
Year built
1941
Floors in Building
2
Number of units
3
Flooring type
Tile
Roof type
Composition
Listing Agency:
Tomie Fox Real Estate Group
(940) 210-8088
Listed By:
Tomie Fox
(940) 627-9040
Added: Apr 19
Changed: Sep 12
Last Checked: Sep 16 at 5:06PM
MLS# 21243754
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This mixed-use property combines commercial space with two residential apartments in a building constructed in 1941. The commercial area was formerly configured as a hair salon and offers a flexible layout for continued salon use, boutique retail, or office operations. Tile flooring is installed, with central heating and cooling supported by electric systems and multiple cooling units.
The residential component includes one 2-bedroom, 1-bath apartment with a contemporary kitchen, living area, and bedrooms, plus a larger 3-bedroom, 2-bath unit with an updated kitchen. Both apartments are currently leased. The property occupies 0.321 acres and is served by public water and public sewer. Paved, open parking and a composition roof are also in place.
The residential component includes one 2-bedroom, 1-bath apartment with a contemporary kitchen, living area, and bedrooms, plus a larger 3-bedroom, 2-bath unit with an updated kitchen. Both apartments are currently leased. The property occupies 0.321 acres and is served by public water and public sewer. Paved, open parking and a composition roof are also in place.
Key Highlights
- Mixed‑use property with commercial space and two residential apartments
- Two‑bedroom, one‑bath apartment with contemporary kitchen
- Three‑bedroom, two‑bath apartment with updated kitchen
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 76225, TX
3,789
Population
1,460
Households
2.6
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
105.4 sq mi
ZIP Area
36
Density / Sq Mi
$71,625
Median Household Income
$50,044
Median Earnings
$951
Median Rent
$281,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space is paired with two leased residential units, creating a combined business and rental configuration.
Where is this mixed-use property located?
The property is located at 311 E Franklin Street Alvord, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Mixed‑use property with commercial space and two residential apartments; Two‑bedroom, one‑bath apartment with contemporary kitchen; Three‑bedroom, two‑bath apartment with updated kitchen
