Active

502 N Spears Street

Alvarado, Texas 76009
Mark as Favorite
Bed 2

Bed

Bath 1

Bath

SqFt768

Sqft

Acres0.08

Acre(Lot)

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.

Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential

Price : $123,000

AD Id : 74300258

MLS Id : 549254005

Beds : 2

Lot Size : 0.08 Acre

Living Area Size : 768

Year Built : 1945

County : Johnson

Subdivision: Original Town

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Eat-in Kitchen,Paneling

    Appliances

    Microwave

    Utilities

    City Sewer,City Water,Electricity Available,Individual Gas Meter,Individual Water Meter,Overhead Utilities
  • Cooling Features

    None

    Heating Source

    Natural Gas

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1945 Construction: Wood Roof Type: Composition,Shingle
  • Exterior Features

    Covered Patio/Porch

    Foundation

    Pillar/Post/Pier
  • Laundry Features

    Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup

    Patio And Porch

    Covered

    Fencing

    Chain Link

    Construction Materials

    Wood

  • Lot Information

    Lot Size (Acr): 0.0790 Lot Size Units: Acres Lot Size Square Feet: 3,441 Lot Features: Many Trees
  • Property Information

    SQ ft (Living Area): 768 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: A-Frame Subdivision: Original Town City: Alvarado State: Texas Directions: Please take care to use: 502 NORTH Spears without the North you will be at the other end of the street. Google maps is your friend. From 67 take N Baugh St, turn right onto E Shelton St, left onto N Spears. Property Status: Active Levels: One Property Age: 81 Year Built Details: Preowned Other Equipment: None

  • Listing Price Information

    Original List Price: $123,000 List Price Tot SqFt: $160
  • Listing Information

    Possession: 30-60 Days

  • Tax Information

    Parcel Number: 126243100600 Tax Block: 4 Tax Legal Description: LOT 5A,6A BLK 4 ORIGINAL TOWN Tax Lot: 5A Unexempt Taxes: $3,425

  • Parking Information

    Carport Spaces: 0 Parking Features: Gravel,Unpaved
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Alvarado N High School: Alvarado Junior High School: Alvarado School District: Alvarado ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Available,Individual Gas Meter,Individual Water Meter,Overhead Utilities
Sell a home like this and save $6,881 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4045 County Road 212, Alvarado, TX, 76009 $3,616,500 3 2 2,022 2,022 SqFt
1616 Sumac Drive, Alvarado, TX, 76009 $322,900 3 3 2,172 2,172 SqFt
8092 County Road 604, Alvarado, TX, 76009 $3,290,000 1 1 13,200 13,200 SqFt
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/21/2026 @ 06:40

MLS: 549254005 LISTED BY: Lori Brown, CENTURY 21 Judge Fite Company 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

Homes around $123,000