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Triplex with Metal Roof
For Sale
$550,000

412 W Franklin Street, Alvord, TX 76225

ResidentialIncome, Alvord, TX

Property SizeContact for details
Lot Size0.22 Acres
Days on Market97

Property Features for 412 W Franklin Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 5, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 9, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 6, Bedroom 7, Bathroom 4
Parking 8
Interior features HighSpeedInternet
Appliances Dishwasher, ElectricRange, Disposal
Subdivision Original Alvord
Elementary school Alvord
Middle school Alvord
High school Alvord
Elementary school district Alvord ISD
Middle school district Alvord ISD
High school district Alvord ISD
Directions 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.
Standard status Active
APN 768308
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description LOT PT 5 BLK 15 ORIGINAL ALVORD
Tax Annual Amount 7949
Legal Description LOT PT 5 BLK 15 ORIGINAL ALVORD

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Amenities

electric range
washer/dryer connections
individual HVAC
storage space

Building Details

Year built 2019
Floors in Building 1
Number of units 3
Flooring type Wood
Building materials Brick, WoodSiding
Roof type Metal
Listing Agency: CENTURY 21 Judge Fite Co.- Decatur · Century 21 Real Estate
Listed By: Thomas Gibson
Added: Jul 17 Changed: Oct 20 Last Checked: Oct 21 at 2:06PM
MLS# 21293554

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.

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Investment Insights

Based on property information with market context.

Constructed in 2019, this triplex contains three residential units, each with approximately 1,224 square feet, three bedrooms, and two full bathrooms. Individual HVAC systems serve each residence, while electric washer and dryer connections support private laundry setups. Unit interiors include living areas, kitchen dining nooks, electric ranges, dishwashers, disposals, wood flooring, and additional storage. Brick and wood siding complement the metal roof, with central electric heating and cooling throughout.

The property sits on a 0.223-acre lot at 412 W Franklin Street in Alvord, Texas. Public water and public sewer serve the property. High-speed internet is also available as an interior feature, supporting modern residential use across all three units.

Key Highlights

  • Three units, each with approximately 1,224 square feet, three bedrooms, and two full bathrooms
  • Built in 2019 with brick and wood siding plus a metal roof
  • Individual HVAC systems serve each residence

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer modern construction, private HVAC systems, and in-unit laundry connections.
Where is this triplex located?
The property is located at 412 W Franklin Street Alvord, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three units, each with approximately 1,224 square feet, three bedrooms, and two full bathrooms; Built in 2019 with brick and wood siding plus a metal roof; Individual HVAC systems serve each residence
More about this property
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