Date
Details
Price
Change
Source
7/15/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$995,000 Just Listed
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Property Description
Prime Commercial Opportunity in Aledo, Texas - 0.8 Acres with FM 1187 Frontage Bring your business vision to life on this exceptional 0.8-acre commercial lot in the rapidly growing community of Aledo, Texas. Boasting valuable FM 1187 road frontage, this property offers outstanding visibility and easy access, making it an ideal location for a wide range of commercial ventures. Whether you're planning to build office space, retail, professional services, or another business, this lot provides the exposure and convenience needed to help your investment succeed. Positioned in one of Parker County's fastest-growing areas, you'll benefit from increasing traffic counts, expanding residential development, and a thriving local economy.
Full Property Details
Full Property Details for 315 E Fm 1187
General
- Price: $995,000
- Taxes: $5,413
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21331777
- Updated: 7/15/2026
- Added to Site: 6 day(s) ago
Location
- County: Parker
- Subdivision: Aledo Original Town
- Driving Directions: From I-20 go south on FM1187 for 2 miles. Property will be on the right. Best parking to walk the property is on Pine Street.
School Information
- Elem School District: Aledo ISD
- Midd School District: Aledo ISD
- High School District: Aledo ISD
- Elementary School: Coder
- Middle School: Aledo
- High School: Aledo
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial, Investment, Unimproved, Vacant
Lot Features
- Lot Size (Acres): 0.836
- Lot Size (Sq. Ft.): 36,416.16
- Lot Size Source: Assessor
- Frontage: City Street, Farm to Market Road, All Weather Road, Asphalt, Concrete
- Sidewalks: Yes
- Lot Features: Cleared, Few Trees, City Lot
- Development Status: Streets Installed, Zoned
- Potential Use: Commercial, Development
- Zoning: C2, R2
Financial Considerations
- Tax Amount: $5,413
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ACRES: 0.836 LOT: 14-18 BLK: 6 SUBD: ALEDO OR
- Property ID: R000000117
- Block: 6
- Lot Number: 14
Listed by JPAR West Metro, Garrett Young
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 315 E Fm 1187 —
Garrett Young
JPAR West Metro
972-836-9295
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 315 E Fm 1187
School District:Aledo Independent School District
| Name | Grades | Distance |
|---|---|---|
Coder Elementary School 12 Vernon Road, Aledo, TX 76008 | K-5 | 1.3 mi |
Aledo Middle School 416 Farm to Market 1187, Aledo, TX 76008 | 6-8 | 0.6 mi |
Don R Daniel Ninth Grade Campus 990 Bailey Ranch Road, Aledo, TX 76008 | 9- | 1.1 mi |
Aledo High School 1000 Bailey Ranch Road, Aledo, TX 76008 | 10-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 315 E Fm 1187
Tax History
Tax History for 315 E Fm 1187
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,541
1%
$374,870
-4%
2024
$8,479
—
$390,000
—
2023
$8,479
125%
$390,000
147%
2022
$3,774
1%
$157,840
—
2021
$3,751
-6%
$157,840
—
2020
$3,972
-3%
$157,650
3%
2018
$4,113
-1%
$153,040
—
2017
$4,134
14%
$153,040
15%
2016
$3,619
-9%
$132,540
-16%
2019
$3,987
11%
$157,650
19%
2015
$3,580
-12%
$132,540
-17%
2014
$4,058
4%
$158,820
—
2013
$3,914
—
$158,820
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 E Fm 1187
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315 E Fm 1187, Aledo, TX 76008 (MLS# 21331777) is a Lots/Land property with a lot size of 0.836 acres. 315 E Fm 1187 is currently listed for $995,000 and was received on July 15, 2026. Want to learn more about 315 E Fm 1187? Do you have questions about finding other Lots/Land real estate for sale in Aledo? You can browse all Aledo real estate or contact a Coldwell Banker agent to request more information.