Aledo, TX 76008,000 FM 1187 Road

$8,950,000

Est. payment /mo
Est.Price: ?

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000 FM 1187 Road Aledo, TX 76008

61.16 Acres Lot

SOLD DATE : 08/15/2023

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Sold

Purchase Type For Sale

Subdivision Ab Smith Survey

MLS Listing ID 20215960

Sold Date 08/15/23

HOA Y/N None

Lot Size 61.160 Acres

Acres 61.16

Property Description

Excellent opportunity to purchase one of the last large tracts in near downtown Aledo. Currently AG exempt and zoned light industrial. Perfect development opportunity. Would be a great mixed-use development of commercial by the traffic areas, light industrial by the tracks and all forms of residential in between. Small house on property is vacant. Three parcel id's for this property. R000090879 is 58.604 acres, R000051889 is the old 1 acre homestead and R000000171 is .56 acre. So much potential with this property.

Location

State TX

County Parker

Zoning Currently ag exemption in place and zoned light industrial.

Direction I-20 to Aledo exit #420, South on FM 1187, cross rr tracks and property starts on the left and runs SE toward Brookhollow.

Interior

Heating None

Cooling None

Heat Source None

Exterior

Fence Barbed Wire

Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Available, Individual Gas Meter, Natural Gas Available, Phone Available

Garage No

Building

Lot Description Acreage, Cedar, Mesquite, Rolling Slope, Sloped

Schools

Elementary Schools Vandagriff

Middle Schools Aledo

High Schools Aledo

School District Aledo Isd

Others

Restrictions Deed

Ownership Estate of Mayola Lasater

Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank

Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank

Financing Other

Special Listing Condition Aerial Photo, Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Harriet Henderson • Burt Ladner Real Estate LLC
Bought with Non-Mls Member • NON MLS

Marlene Treviño

Global Luxury Real Estate Advisor | License ID: 0696610

+1(817) 233-3232

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