




$231,505
NAL Estimated Property Value201 N Spears St, Alvarado, TX, 76009
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About this property
Unique opportunity in downtown Alvarado! Zoned SF2 and minutes from 67 and I-35. Developers, Investors, Home Builders, Local Business owners this could be a great opportunity! Owners have no knowledge about the home and it is being sold AS IS, with no one allowed to enter the home. Restore or tear down and build new. It is boarded up with No Trespassing signs on the home. Title is opened at McKnight Title in Fort Worth. There is no survey. Buyer to purchase a new survey if desired. Buyers Agent to Verify Schools. To list on MLS, certain boxes had to be checked on MLS, neither agent nor seller have accessed the property. Please reach out for documents. Previous offer was from a wholesaler who terminated in option at no fault of seller.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Alvarado
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