About This Home

This 3-bedroom, 1-bathroom single family at 604 S Spears Street in Alvarado, TX is listed for $175,000 ($143 per sqft). Built in 1952, the home offers 1,224 sqft of living space on a 1.79 acres lot.

Key Features

  • Built in 1952
  • 1.79 acre lot

Property Details

1 story
1 full
2-car garage
1952
Listing Description

PRICE REDUCED FROM PREVIOUS LISTING! Set on nearly 1.8 acres, this Alvarado property offers space, flexibility, and strong rehab potential for the right buyer! The 3-bedroom, 1-bath main home features just over 1,200 square feet with a straightforward layout ready for renovation.

As shown in the photos, the property needs work throughout, making it an ideal opportunity for investors, flippers, or buyers looking to customize from the ground up. The standout feature of the property is the detached two-car garage with unfinished upstairs space, presenting excellent potential for a future apartment, guest suite, office, or rental unit (buyer to verify).

With multiple structures already in place, this property offers options that are increasingly hard to find. Fixer, fixer-upper, investor special, handyman special, value-add, rehab opportunity, renovation project, flip potential, sweat equity, project home, needs work, not turnkey, as-is, cash or renovation loan, opportunity property, full rehab, c

osmetic updates, interior renovation, unfinished space, expansion potential, add square footage, convert garage, detached two-car garage, garage apartment potential, ADU potential (buyer to verify), accessory dwelling unit, guest suite potential, rental conversion, office conversion, multiple structures, outbuilding, secondary living space, income-

producing potential, nearly 1.8 acres, large lot, cleared acreage, land value, room to expand, add improvements, hard-to-find acreage, open space, country feel, Alvarado TX, Alvarado ISD, near schools, near shopping, easy highway access, convenient location, growing area, investors, flippers, buy and hold, rental strategy, short-term rental potenti

al (verify), long-term rental, owner-investor, contractor special, property with upside, bring your vision, customize from the ground up, land plus structures, rare opportunity with acreage, sold as-is, buyer to verify all uses

Monthly Cost Estimate

$936/mo

20% down · 6.5% · 30 years

Principal$127
Interest$758
Insurance$51

Estimates only. Actual payments may vary.

Location

604 S Spears Street

Alvarado, TX 76009

Features & Amenities

Interior Features

OpenFloorplan

Property Details

Flooring

ConcreteWood

Construction

WoodSiding

Parking

CarportCoveredGarageDriveway

Questions & Answers

This 3-bedroom, 1-bathroom single family at 604 S Spears Street is listed at $175,000 ($143/sqft). The estimated monthly payment is $936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 1.79 acre lot. Interior Features: OpenFloorplan.

This property is listed by Nathan Bowers.

NB

Nathan Bowers

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (888) 519-7431 · View on Broker Site

MLS# 21350308· Source: North Texas Real Estate Information Systems, Inc.· 7 days on PropertySimple

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.

604 S Spears Street, Alvarado, TX 76009

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