502 N Spears Street
Alvarado, TX 76009
Listing courtesy of Lori Brown, CENTURY 21 Judge Fite Company
About this home
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.
Schools
- Elementary
- Alvarado N
- Middle
- Alvarado
- High
- Alvarado
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21155866
- Property Type
- Residential
- Status
- For Sale
- County
- Johnson
- Subdivision
- Original Town
- Lot Size
- 3,441.24 sqft
- HOA Dues
- None
- Annual Taxes
- $3,425
- Days on Market
- 190 days
- Listed
- Jan 16, 2026
- Price per Sqft
- $160
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $655
- Property taxes
- $285
- Homeowner's insurance (est.)
- $36
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.