# 311 E Franklin Street, Alvord, TX 76225

> **TL;DR:** commercial, $420,000, built 1941.
> A/C. Est. $2,247/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $420,000 |
| Year Built | 1941 |
| Lot Size | 13,983 sqft (0.32 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,124 |
| Estimated Insurance | $123 |
| **Total** | **$2,247** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1941
- 0.32 acre lot
- 2 stories

## Description

### Agent Description
Welcome to this versatile commercial building with a rich history. Located in Alvord, TX., this property offers an incredible opportunity for entrepreneurs and business owners seeking a great location for their venture. Formerly a successful hair salon, the layout of the space is adaptable for various business types. It is situated in a high-traffic area, ensuring maximum visibility and foot traffic. Whether it's a salon, boutique, or office space, this property is ready to accommodate your vision. The apartments feature A cozy 2 bed, 1 bath unit with a contemporary kitchen, spacious living area, and well-appointed bedrooms, and the larger 3 bed 2 bath unit has an updated kitchen. Currently, both units are leased out, generating a steady stream of income, and an excellent opportunity to build equity and wealth.

## Location

- **Address:** 311 E Franklin Street, Alvord, TX 76225
- **County:** Wise
- **Neighborhood:** Original Alvord
- **Coordinates:** 33.357281, -97.691811
- **Google Maps:** https://www.google.com/maps?q=33.357281,-97.691811

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21243754

## Listing Agent

- **Name:** Tomie Fox
- **Brokerage:** Tomie Fox Real Estate Group
- **Broker Phone:** (940) 210-8088

## Photos

![311 E Franklin Street - Photo 1](http://lh.rdcpix.com/965dfaa73a891f6a3ec1ff64e7d25b38l-f139238811r.jpg)

![311 E Franklin Street - Photo 2](http://lh.rdcpix.com/965dfaa73a891f6a3ec1ff64e7d25b38l-f1092999950r.jpg)

![311 E Franklin Street - Photo 3](http://lh.rdcpix.com/965dfaa73a891f6a3ec1ff64e7d25b38l-f498815097r.jpg)

![311 E Franklin Street - Photo 4](http://lh.rdcpix.com/965dfaa73a891f6a3ec1ff64e7d25b38l-f3090099562r.jpg)

![311 E Franklin Street - Photo 5](http://lh.rdcpix.com/965dfaa73a891f6a3ec1ff64e7d25b38l-f517688892r.jpg)

---

**MLS#:** 21243754 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/311-e-franklin-street-alvord-tx-76225-64e70d5a7629411ca7b429f01f84f544)

---

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