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Historic Storefront Building with Apartments
For Sale
$420,000

311 E Franklin Street, Alvord, TX 76225

COMMERCIAL - Alvord, TX

Property SizeContact for details
Lot Size0.32 Acres
Days on Market115

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 Electric (Heating), Central
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
Listed By: Tomie Fox
Added: Apr 19 Changed: Aug 4 Last Checked: Aug 11 at 9:06PM
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 historic storefront property in Alvord includes commercial space with a layout that has been used as a hair salon and can be adapted for other business types. The building also features two leased apartment units: a cozy 2 bed, 1 bath unit with a contemporary kitchen and spacious living area, and a larger 3 bed, 2 bath unit with an updated kitchen. Flooring is tile. Heating and cooling are provided via electric systems, including central air.

Set on 0.321 acres, the property includes open, paved or surfaced parking. Utilities include public water and public sewer. The roof is a composition roof, and the building was constructed in 1941.

Key Highlights

  • 0.321‑acre storefront property in Alvord, TX
  • Two leased apartment units: 2 bed/1 bath and 3 bed/2 bath
  • Electric heating with central air and electric cooling

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Auto Parts Store Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Alvord storefront building with two leased apartment units, tile flooring, and public water and sewer.
Where is this storefront 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: 0.321‑acre storefront property in Alvord, TX; Two leased apartment units: 2 bed/1 bath and 3 bed/2 bath; Electric heating with central air and electric cooling
More about this property
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