Investment Opportunity in the Heart of Downtown Alvarado! Don't miss this incredible chance to own a piece of prime real estate right in the heart of downtown Alvarado! This 3-bedroom, 1-bathroom home offers 1,130 square feet of living space sitting on a generous 0.205 acre lot giving you plenty of room to work with inside and out. Built in 1948, this charming property is full of potential and is perfectly positioned for the savvy investor looking for a rewarding fix-and-flip project or a long-term rental opportunity. The downtown location means walkability, visibility, and strong resale value once the work is done. Whether you're a seasoned flipper, a first-time investor, or looking to add a solid asset to your portfolio, this property checks all the boxes great bones, great lot size, and a great location. Property sold as-is.

Based on information submitted to North Texas Real Estate Information Services as of May 31, 2026 6:50 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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106 S Watson StreetAlvarado, TX 76009Price: $155,000

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John Angell

106 S Watson StreetAlvarado, TX 76009Price: $155,000

$/month over payments

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