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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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106 S Watson St , Alvarado, TX 76009
$155,000
Est. Payment: $798.01/mo
3 Bed
1 Bath
1130 Sqft
Status: active | Days on site: 37
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by San Juanita Molina , and Scott Molina , Epique Realty LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.2

Year Built

1948

County

Johnson

Neighborhood

Spt College Hill 01

School District

Alvarado ISD

Listing ID

21332289

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Air Cond:Wall Unit(s)
Fireplaces:
Other:
  • Additional:Cable TV Available, Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Roof:Shingle
Parking Features:Driveway,Garage
Principal Interest
$798
Taxes
$159

Home Price

$155,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$31,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$798.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $798.01 $159.08 $0.00 $957.09
Yearly $9,576.09 $1,909.00 $0.00 $11,485.09
Total $287,282.63 $57,270.00 $0.00 $344,552.63

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Alvarado, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems