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Property Description
This is a Once in a Lifetime Texas property. Here is a rare opportunity to own just under 40 acres of land with county road frontage in Alvarado, Tx minutes from the booming Mansfield, TX. This property has tons of income potential and possible future development potential. The 38.74 acres is currently used for a Cow-Calf operation and with 18 + acres of Sudan-Coastal Bermuda Mix Hay production. The pastures are clear and flat, and fully fenced and gated, with two stock tanks, and a loafing shed that are all visible out of the comfort of the recently renovated 2,287 square foot homestead on the front acreage. The acreage in front of the home is irrigated for the purpose of growing trees for more future income potential. The home sits back off the county road with pipe fencing and a gated drive for plenty of peace and privacy. There are 2 bedrooms upstairs with a full bathroom and the large Primary bedroom is on the main floor with a gorgeous refreshed primary en-suite bathroom. The living area is large and open with a great stone fireplace, high ceilings, and tons of natural light from the all directions. The dinette is perfect for enjoying your morning coffee and taking in your Texas Ranch views from one of many large windows. Enjoy cooking and entertaining from this kitchen with ample counter space featuring new countertops and custom Hickory cabinetry. The dining room just off the kitchen is perfect for sitting down and enjoying a family supper with views of the front acre of well manicured land. Past the home on the driveway take advantage of the tall steel beamed pole barn with space for equipment, tractors, an RV, or clear the way and gather around the outdoor stone fireplace and entertain on the finished concrete floor, perfect for Texas Nights. This is the type of property you can raise a family on and pass down for generations, taking advantage of multiple income potentials, all conveniently located in one of DFW's most developing areas.
Full Property Details
Full Property Details for 3829 Fm 2738
General
- Price: $2,499,000
- Taxes: $2,774
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21182721
- Updated: Today (2/20/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Masonry, Other
- Appliances: Dishwasher, Gas Cooktop
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Fire Pit
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 10
- Parking Features: Additional Parking, Epoxy Flooring, Garage
Location
- County: Johnson
- Subdivision: Hendricks Abst 328
- Driving Directions: From Fm 917 Mansfield heading to Cleburne, turn left onto Fm-2738, Property is approx. .6 miles up FM road on right hand side with piped fence and security gate.
School Information
- Elem School District: Alvarado ISD
- Midd School District: Alvarado ISD
- High School District: Alvarado ISD
- Elementary School: Lillian
- High School: Alvarado
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 2
- Living Area: 2,287 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Grazing, Livestock, Pasture, Ranch, Residential, Single Family
- Year Built: 2001
Additional Structures
- Other Structures: Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 38.72
- Lot Size (Sq. Ft.): 1,686,643.2
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage, Cleared, Pasture, Pond on Lot, Sprinkler System, Few Trees
- Potential Use: Agricultural, Cattle, Development, Grazing, Horses, Investment, Livestock, Pasture, Ranch, Residential, Single Family
- Trees/Vegetation: Crop(s), Grassed
- Fencing (Description): Cross Fenced, Fenced, Gate, Pipe, Privacy
Horse Property
- Horse Facility Desc.: Barn, Loafing Shed
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,774
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ABST 328 TR 66M PT E HENDRICKS
- Exclusions: Mineral Rights and Equipment for Ranch
- Property ID: 126032806056
Listed by eXp Realty LLC, Blaine Hanson
Get Pre-Approved Today
Price & Sales History for 3829 Fm 2738
Date
Details
Price
Change
Source
2/20/2026
Listed
$2,499,000
—
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 3829 Fm 2738
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,631
4%
$166,850
—
2024
$1,563
-29%
$166,850
100%
2018
$2,195
-4%
100%
2021
$2,281
6%
100%
2020
$2,142
-17%
-100%
2018
$2,590
2%
$126,763
2%
2017
$2,549
5%
$124,763
4%
2016
$2,423
1%
$119,405
—
2015
$2,409
-5%
$119,405
-6%
2019
$2,538
6%
$126,763
5%
2013
$2,394
—
$120,619
—
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 3829 Fm 2738
Want to learn more about 3829 Fm 2738? Do you have questions about finding other Farm real estate for sale in Alvarado? You can browse all Alvarado real estate or contact a Coldwell Banker agent to request more information.

