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For sale
    • $123,000

    502 N Spears St, Alvarado, TX 76009

    2beds
    768sqft
    : 
    $906/mo
    Get pre-qualified
    Single Family Residence
    Built in 1945
    3,441 Square Feet Lot
    $-- Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Investor special! 1945 A-frame farmhouse 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.
    188 days
    |
    363
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lori Brown 0807148 972-723-8231,

    CENTURY 21 Judge Fite Company 972-723-8231

    Source: NTREIS,MLS#: 21155866

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      • Dimensions: 14 x 15
      Bedroom
      • Level: First
      • Dimensions: 14 x 12
      Other
      • Level: First
      • Dimensions: 8 x 5
      Living room
      • Level: First
      • Dimensions: 12 x 14
      Heating
      • Natural Gas
      Cooling
      • None
      Appliances
      • Included: Microwave
      • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
      Features
      • Eat-in Kitchen, Paneling/Wainscoting
      • Flooring: Wood
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 768 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel, Unpaved
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Pool features: None
      • Fencing: Chain Link
      Lot
      • Size: 3,441 Square Feet
      • Features: Many Trees
      • Residential vegetation: Grassed
      Details
      • Additional structures: Shed(s)
      • Parcel number: 126243100600
      • Other equipment: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame,Detached
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Composition,Shingle
      Condition
      • Year built: 1945

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Overhead Utilities, Sewer Available, Separate Meters, Water Available

      Community & HOA

      Community
      • Subdivision: Original Town
      HOA
      • Has HOA: No
      Location
      • Region: Alvarado

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $138,728
      • Annual tax amount: $3,425
      • Date on market: 1/16/2026
      • Cumulative days on market: 189 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,396/mo

        Price history

        DateEventPrice
        3/17/2026Price change$123,000-2.4%$160/sqft
        Source: NTREIS #21155866 Report a problem
        1/16/2026Listed for sale$126,000$164/sqft
        Source: NTREIS #21155866 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,425 +4.4%$138,728 +8%
        2024$3,282 +24.4%$128,477 +20%
        2023$2,639 +110.5%$107,064 +129.9%
        2022$1,254 -0.9%$46,574
        2021$1,264 +22%$46,574 +22.9%
        2020$1,037 +41%$37,908 +41%
        2019$735 -0.7%$26,880
        2018$740 -7.8%$26,880 -7%
        2017$802 +0.5%$28,908
        2016$799 +3.2%$28,908
        2015$774 $28,908
        2014$774 $28,908
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 76009

        Getting around

        44 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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