This 2-bedroom, 1-bathroom single family at 502 N Spears Street in Alvarado, TX is listed for $118,000 ($154 per sqft). Built in 1945, the home offers 768 sqft of living space on a 0.08 acres lot.
Key Features
Built in 1945
0.08 acre lot
Property Details
1 story
1 full
1945
Listing Description
This is an investor special! 1945 A-frame farmhouse surrounded by trees featuring 2 bedrooms and 1 bath. Small footprint with solid potential for renovation or resale. Property requires extensive repairs and is being sold AS-IS. Ideal project for flippers, investors, or contractors looking for value-add opportunity. With the right updates, this home could be transformed into a profitable rental, resale, or weekend retreat. Bring your vision and tools-significant upside for the right buyer.
Monthly Cost Estimate
$631/mo
20% down · 6.5% · 30 years
Principal$85
Interest$511
Insurance$34
Estimates only. Actual payments may vary.
Location
502 N Spears Street
Alvarado, TX 76009
Original Town
Features & Amenities
Interior Features
EatInKitchenPanelingWainscoting
Property Details
Flooring
Wood
Construction
WoodSiding
Parking
Paved or Surfaced
Heating
Natural Gas
Appliances
Microwave
Questions & Answers
This 2-bedroom, 1-bathroom single family at 502 N Spears Street is listed at $118,000 ($154/sqft). The estimated monthly payment is $631 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1945, 0.08 acre lot. Interior Features: EatInKitchen, PanelingWainscoting.
