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5517 Fm 3136

Alvarado, TX 76009
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159.70 Lot Acres
Land / Unimproved Land

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Description

Over 159 acres of ag exempt land in Alvarado, offering an opportunity to own a substantial tract in a growing area of Johnson County. Located near Keene Industrial Park and existing industrial development, this property offers potential for a variety of uses, including industrial, commercial, agricultural, residential, recreational, or long-term investment purposes. Situated outside city limits, the land is unzoned with no known restrictions, providing flexibility for buyers exploring future possibilities. The property features a combination of open pastures, scattered trees, wooded areas, varied terrain, perimeter fencing, and four stock tanks currently used for watering cattle. With a mix of cleared and natural areas, the acreage offers opportunities for continued ranching and agricultural operations, outdoor recreation, or future development. Convenient access to US Highway 67 and I-35W adds to the property's appeal and connection to surrounding communities. Bethany Co-op is the available water provider. Buyer to purchase new survey. Seller to retain mineral rights. After closing, seller will repair the existing dirt road from County Road 317 to the railroad tracks to access the property.

MLS#
NTREIS-21426712
List Price
$1,995,000
Listing Status
For Sale
Address
5517 Fm 3136
City
Alvarado
State
TX
Zip Code
76009
County
Johnson County
Subdivision
W T MC MILLON
Legal Description
ABST 575 TR 17A, 1, 16 W T MC MILLON
Property Type
Land / Unimproved Land
Lot Size
159.70 Lot Acres/Appraisal District
LP / Acre
$12,492 / Acre
Road Frontage
No Road Frontage

Exterior

Lot Description
Acreage, Agricultural, Brush, Many Trees, Undivided
Fencing
Barbed Wire,Fenced,Perimeter
Easements
Electric,Natural Gas
Utility
Outside City Limits,Unincorporated,No City Services
Road Surface
None

Lot Information

Lot Size
159.70 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Nov 11, 2026 at 10:06 AM
Listing last updated Nov 10, 2026 at 03:17 PM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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