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.
For sale
$155,000
106 S Watson St, Alvarado, TX 76009
3beds
1,130sqft
Single Family Residence
Built in 1948
8,929 Square Feet Lot
$150,000 Zestimate®
$137/sqft
$-- HOA
What's special
Great lot size
- 37 days |
- 242 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
San Juanita Molina 0746929 512-387-0722,
Epique Realty LLC 512-387-0722,
Scott Molina 0728976 469-879-3525,
Epique Realty LLC
Source: NTREIS,MLS#: 21332289
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Living room
- Level: First
- Dimensions: 1 x 1
Cooling
- Wall Unit(s)
Features
- Cable TV
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,130 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Attached garage spaces: 1
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,929 Square Feet
Details
- Parcel number: 126234401760
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available, Cable Available
Community & HOA
Community
- Subdivision: Spt College Hill 01
HOA
- Has HOA: No
Location
- Region: Alvarado
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $109,526
- Annual tax amount: $1,909
- Date on market: 7/18/2026
- Cumulative days on market: 78 days
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
$150,000
Estimated sales range
$143,000 - $158,000
Rent Zestimate®
$1,655/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Listed for sale | $155,000$137/sqft |
Source: NTREIS #21332289 Report a problem | ||
| 7/7/2026 | Listing removed | $155,000$137/sqft |
Source: NTREIS #21279071 Report a problem | ||
| 5/28/2026 | Listed for sale | $155,000$137/sqft |
Source: NTREIS #21279071 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $771 -10.9% | $77,326 +10% |
| 2024 | $865 +7.8% | $70,296 +10% |
| 2023 | $802 -19.3% | $63,905 +10% |
| 2022 | $994 -17.6% | $58,095 |
| 2021 | $1,206 +1.8% | $58,095 +0.5% |
| 2020 | $1,185 -23.4% | $57,787 +2.2% |
| 2019 | $1,546 -0.7% | $56,530 |
| 2018 | $1,556 +18.9% | $56,530 +19.9% |
| 2017 | $1,309 +0.5% | $47,158 |
| 2016 | $1,303 +3.2% | $47,158 |
| 2015 | $1,262 | $47,158 |
| 2014 | $1,262 | $47,158 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76009
Nearby schools
GreatSchools rating
- NAAlvarado Elementary-SouthGrades: PK-2Distance: 1.6 mi
- 5/10Alvarado Junior High SchoolGrades: 6-8Distance: 1 mi
- 6/10Alvarado High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Alvarado N
- Middle: Alvarado
- High: Alvarado
- District: Alvarado ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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