
$650,000
NAL Estimated Property Value12316 E Fm 917, Alvarado, TX, 76009
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About this property
COMMERCIAL opportunity. Property is perfect for your new venture or idea! Just outside city limits of Mansfield and near new residential development - M3 Ranch. TONS of potential! Currently zoned AG exempt. Bring it back to a working cattle ranch or subdivide the road frontage into a commercial business and make the house your office. House needs full renovation. Great outbuilding on property. 2 ponds. Most of the value is in the land and the commercial opportunities. 2 parcels for sale - ag exempt land 18.02 ac and homestead of 1.33 ac.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Alvarado
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