106 S Watson Street

Alvarado, TX
$ 155,000 Beds 3 Baths 1 Sq 1,130 Virtual Tour
Monthly Estimate* How much can I afford?

Investment Opportunity in the Heart of Downtown Alvarado! Don’t miss this incredible chance to own a piece of prime real estate right in the heart of downtown Alvarado! This 3-bedroom, 1-bathroom home offers 1,130 square feet of living space sitting on a generous 0.205 acre lot giving you plenty of room to work with inside and out. Built in 1948, this charming property is full of potential and is perfectly positioned for the savvy investor looking for a rewarding fix-and-flip project or a long-term rental opportunity. The downtown location means walkability, visibility, and strong resale value once the work is done. Whether you’re a seasoned flipper, a first-time investor, or looking to add a solid asset to your portfolio, this property checks all the boxes great bones, great lot size, and a great location. Property sold as-is.

Active

  • Price
  • $ 155,000
  • City
  • Alvarado
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • JOHNSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.205 Acres
  • Zip
  • 76009
  • Sqr Footage
  • 1,130
  • Year Built
  • 1948
  • Taxes
  • $ 1909
  • Style
  • Single Family Residence
  • MLS#
  • 21332289
Listed By: Epique Realty LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Cooling Wall Unit(s)
Utilities City Sewer
Possession Closing/Funding
Roof Shingle
Appliances None
Number of Garage Spaces 1
School District Alvarado ISD
Year Built 1948
Levels One
Unexempt Taxes 1909
Will Subdivide Yes
Property Subtype Single Family Residence
Subdivision Name Spt College Hill 01
Transaction Type For Sale
Carport Spaces 1
County Johnson
Property Type Residential
Construction Materials Siding
HOA Type None
Full Baths 1
Status Active
Directions See GPS
City Alvarado
Elementary School Name Alvarado N
High School Alvarado
Elementary School Alvarado N
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21332289
Standard Status Active
Junior High School Alvarado
Listing Terms Cash,Conventional

Interior Features

Interior Features Cable TV Available
Dining Areas 1
Living Areas 1
Room Count 4
Lock Box Type None
Total Bedrooms 3
Total Baths 1

Exterior Features

Parking Features Driveway,Garage
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 1
Lot Size Area 0.2050
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 8929.8000
Lot Size Acres 0.2050
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Alvarado N Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/18/2026 Listed $155,000

Property vs Zip Code Average in 76009

Price
AVG $470K
$160K
Taxes
AVG $5,743
$1,909
Year Built
AVG 2011
1948
Visits
AVG 197
37
Data Provided by Inside Real Estate®

Areas That We Cover

106 S Watson Street Alvarado, TX is a Single Family Home for sale at $155000 with 1130 sqft and a lot size of 0.205 Acres Acre(s). 106 S Watson Street Alvarado has 3 bedrooms, 1 baths and was built in 1948. The property's zip code is 76009 which is in Alvarado, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.