402 S Watson St Alvarado, TX 76009
Estimated payment $1,184/month
Highlights
- RV Hookup
- Lawn
- Space Heater
- 1.37 Acre Lot
- Window Unit Cooling System
- Brush Vegetation
About This Lot
OWNER FINANCING AVAILABLE AT $1,200 A MONTH! Nestled on a spacious 1.05-acre lot in the quiet Cotter Oaks subdivision, this 3-bedroom, 1.5-bath home offers a rare opportunity to bring your vision to life in a peaceful, country-style setting. With 1,085 square feet of living space, this single-story traditional home features an eat-in kitchen, a combination of carpet, linoleum, and wood flooring, and a versatile layout ideal for customization.
Enjoy the privacy of rural living with no HOA and a generous lot dotted with mature trees and large grassy areas—perfect for gardening, entertaining, or future expansion. The property includes a two-car covered carport, an open driveway, and both on-site and outdoor parking options. It’s fully fenced with chain link, and is equipped with electric utilities, septic, and a well.
Accessibility features include an approach ramp, making the home easier to navigate. The location is a commuter’s dream—just minutes from I-35W, offering quick access to Fort Worth and nearby amenities. Whether you're an investor, DIY enthusiast, or first-time buyer ready to renovate, this is your chance to own a slice of Texas countryside with big potential.
Seller Financing Requires 20% down on a 30 year note. Interest rate is negotiable with additional money down.
Listing Agent
DIY Realty Brokerage Phone: 817-765-6109 License #0656828 Listed on: 07/28/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,053
Year Built
- Built in 1962
Lot Details
- 1.37 Acre Lot
- Chain Link Fence
- Brush Vegetation
- Level Lot
- Few Trees
- Lawn
- Back Yard
- Zoning described as C-2 Commercial District 2
Parking
- RV Hookup
Schools
- Alvarado S Elementary School
- Alvarado High School
Additional Features
- City Lot
- Overhead Utilities
Listing and Financial Details
- Assessor Parcel Number 126051500220
Community Details
Overview
- Cotter Oaks Subdivision
Recreation
- Exterior Lighting
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,910 | $119,525 | $73,500 | $46,025 |
| 2024 | $3,053 | $119,525 | $73,500 | $46,025 |
| 2023 | $2,752 | $111,650 | $65,625 | $46,025 |
| 2022 | $2,426 | $90,125 | $44,100 | $46,025 |
| 2021 | $2,447 | $0 | $0 | $0 |
| 2020 | $1,217 | $0 | $0 | $0 |
| 2019 | $1,225 | $0 | $0 | $0 |
| 2018 | $1,119 | $0 | $0 | $0 |
| 2017 | $1,012 | $0 | $0 | $0 |
| 2016 | $1,012 | $0 | $0 | $0 |
| 2015 | $212 | $0 | $0 | $0 |
| 2014 | $212 | $36,637 | $13,125 | $23,512 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $174,500 | 0.0% | $161 / Sq Ft |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | Price Changed | $174,500 | -0.3% | $161 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $175,000 | -- | $161 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21014778
APN: 126-0515-00220
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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