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$989,000 Just Listed
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Property Description
Prime 3.184 Acre Development Opportunity in Alvarado, TX Excellent opportunity to acquire approximately 3.184 acres 138,695 SF along FM 2738 in Alvarado. This property offers a versatile site for commercial, industrial, retail, investment, or development uses, subject to applicable zoning and governmental approvals. Located in a growing area of Johnson County with convenient access to Alvarado, I-35W, and the greater DFW market, the property provides an attractive location for an owner-user, investor, or developer looking to establish a presence south of the Metroplex. With over three acres of usable land and strong accessibility, the site could be well suited for industrial outside storage, contractor yard, truck or equipment parking, flex or industrial development, service business, retail, or other commercial uses, subject to approval.
Full Property Details
Full Property Details for 134 Fm 2738
General
- Price: $989,000
- Taxes: $3,459
- Status: Active
- Type: Commercial Land
- Source: NTREIS
- MLS ID: 21356946
- Updated: 8/16/2026
- Added to Site: 5 day(s) ago
Location
- County: Johnson
- Subdivision: Piper Add
- Driving Directions: From I-35W in Alvarado, exit toward US-67. Travel east on US-67, then turn onto FM 2738. Continue on FM 2738 to 134 FM 2738. Property will be on FM 2738.
School Information
- Elem School District: Alvarado ISD
- Midd School District: Alvarado ISD
- High School District: Alvarado ISD
- Elementary School: Alvarado N
- Middle School: Alvarado
- High School: Alvarado
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Development, Industrial, Investment, Retail
Lot Features
- Lot Size (Acres): 3.184
- Lot Size (Sq. Ft.): 138,695.04
- Lot Features: Corner Lot
- Development Status: Other
- Zoning: DEED Restrictions
Financial Considerations
- Tax Amount: $3,459
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: LOT 42B PIPER ADDITION 126.5523.99410
- Exclusions: Minerals
- Property ID: 126243300570
- Lot Number: 42B
Listed by Grizzly Realty LLC, Cody Creamer
Get Pre-Approved Today
Schools
Schools serving 134 Fm 2738
School District:Mansfield Independent School District
| Name | Grades | Distance |
|---|---|---|
Willie Brown Elementary School 1860 Cannon Drive, Mansfield, TX 76063 | K-4 | 1.2 mi |
Rogene Worley Middle School 500 Pleasant Ridge Drive, Mansfield, TX 76063 | 7-8 | 2.3 mi |
Mansfield High School 3001 East Broad Street, Mansfield, TX 76063 | 9-12 | 1.6 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 134 Fm 2738
Date
Details
Price
Change
Source
8/16/2026
Listed
$989,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 134 Fm 2738
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,686
7%
$208,043
—
2024
$3,439
52%
$208,043
—
2018
$2,267
7%
$208,043
50%
2021
$2,110
—
$138,695
25%
2021
$2,110
-5%
$110,956
—
2020
$2,221
-2%
$110,956
—
2018
$2,267
132%
$110,956
132%
2017
$976
1%
$47,760
—
2016
$969
-56%
$47,760
-57%
2019
$2,222
130%
$110,956
132%
2015
$964
—
$47,760
—
2014
$962
1%
$47,850
—
2013
$950
—
$47,850
—
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 134 Fm 2738
134 Fm 2738, Alvarado, TX 76009 (MLS# 21356946) is a Commercial Land property with a lot size of 3.184 acres. 134 Fm 2738 is currently listed for $989,000 and was received on August 16, 2026. Want to learn more about 134 Fm 2738? Do you have questions about finding other Commercial Land real estate for sale in Alvarado? You can browse all Alvarado real estate or contact a Coldwell Banker agent to request more information.

