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    198 Bishop St Alvarado, TX 76009

    For Sale
    $129,900

    Unimproved Land - Alvarado, TX

    Type:Unimproved Land
    Lot size:
    1.56 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for 198 Bishop St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    126241900710
    Lot size
    1.56 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    RE/MAX Trinity (817) 310-5200

    Listing agent David DeVries (817) 310-5200 License #0322474

    Listing date Oct 6, 2025

    MLS# 21043892 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alvarado Land for Custom Home

    This 1.56-acre vacant land offers an opportunity for home builders to construct a bespoke residence. Located on a country street near downtown Alvarado, in Johnson County, Texas, the property is privately situated. The land is intended for residential use, providing a canvas for a dream home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.21165
    Latitude
    32.40119

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    FAQs

    What type of property is this?
    Land - 1.5+ acre vacant land near downtown Alvarado for custom home.
    Where is this land located?
    The property is located at 198 Bishop St Alvarado, TX.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: - 1.5+ acre lot provides ample space for a custom home.; - Vacant land ready for immediate construction.; - Serene country street location offers a peaceful setting.
    (817) 310-5200
    Request Owner's contact information
    198 Bishop St Alvarado, TX 76009
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    Alvarado, TX 76009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    198 Bishop St Alvarado, TX 76009
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