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106 S Watson Street

Alvarado, TX 76009

Listing courtesy of San Juanita Molina, Keller Williams Legacy

$155,000
Active
Beds
3
Baths
1
Sqft
1,130
Year Built
1948

About this home

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.

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 #
21279071
Property Type
Residential
Status
Active
County
Johnson
Subdivision
Spt College Hill 01
Lot Size
8,929.8 sqft
Garage
1-car
HOA Dues
None
Annual Taxes
$1,909
Days on Market
New (1 day)
Listed
May 28, 2026
Price per Sqft
$137

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$1,029/mo
Principal & interest
$825
Property taxes
$159
Homeowner's insurance (est.)
$45

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively 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. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed May 28, 2026