# 502 N Spears Street, Alvarado, TX 76009 > **TL;DR:** 2bd/1ba single family, $118,000 ($154/sqft), built 1945, 768 sqft. Est. $631/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $118,000 | | Price/sqft | $154 | | Bedrooms | 2 | | Bathrooms | 1 full | | Square Feet | 768 | | Year Built | 1945 | | Lot Size | 3,441 sqft (0.08 acres) | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $597 | | Estimated Insurance | $34 | | **Total** | **$631** | ## Nearby Schools - **Elementary:** Alvarado N - **Middle:** Alvarado - **High:** Alvarado ## Property Highlights - Built in 1945 - 0.08 acre lot ## Description ### Agent Description This is an investor special! 1945 A-frame farmhouse surrounded by trees 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. ## Location - **Address:** 502 N Spears Street, Alvarado, TX 76009 - **County:** Johnson - **Neighborhood:** Original Town - **Coordinates:** 32.410317, -97.212012 - **Google Maps:** https://www.google.com/maps?q=32.410317,-97.212012 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21155866 ## Listing Agent - **Name:** Lori Brown - **Brokerage:** CENTURY 21 Judge Fite Company - **Broker Phone:** (214) 920-9611 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/502-N-Spears-St_Alvarado_TX_76009_M77714-08898?f=listhub&s=NTREIS&m=21155866&c=propsimple) ## Photos ![502 N Spears Street - Photo 1](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f3527773397r.jpg) ![502 N Spears Street - Photo 2](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f218193782r.jpg) ![502 N Spears Street - Photo 3](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f1567157153r.jpg) ![502 N Spears Street - Photo 4](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f2801761083r.jpg) ![502 N Spears Street - Photo 5](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f2585014619r.jpg) ![502 N Spears Street - Photo 6](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f1708021526r.jpg) ![502 N Spears Street - Photo 7](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f3891614220r.jpg) ![502 N Spears Street - Photo 8](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f3982207331r.jpg) ![502 N Spears Street - Photo 9](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f1175877726r.jpg) ![502 N Spears Street - Photo 10](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f1450409737r.jpg) ![502 N Spears Street - Photo 11](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f2154677341r.jpg) ![502 N Spears Street - Photo 12](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f2624906314r.jpg) ![502 N Spears Street - Photo 13](http://lh.rdcpix.com/d7ef8f8c1fab8335c877fe29bc0c627el-f1219013823r.jpg) --- **MLS#:** 21155866 | **Updated:** 2026-10-28 **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/502-n-spears-street-alvarado-tx-76009-aeb4cc80b36c4632b2f3981323ed8b32) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/502-n-spears-street-alvarado-tx-76009-aeb4cc80b36c4632b2f3981323ed8b32#listing", "url": "https://staging.propertysimple.ai/listing/502-n-spears-street-alvarado-tx-76009-aeb4cc80b36c4632b2f3981323ed8b32", "name": "502 N Spears Street, Alvarado, TX 76009", "description": "This is an investor special! 1945 A-frame farmhouse surrounded by trees 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. 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