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    9777 County Road 505 Alvarado, TX 76009

    For Sale
    $964,250

    Unimproved Land - Alvarado, TX

    Type:Unimproved Land
    Lot size:
    38.57 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 9777 County Road 505

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    126032700054
    Lot size
    38.57 Acres

    Utilities

    Water front features
    Creek

    Building Details

    Architectural style
    Other

    Keller Williams Dallas - Park Cities (214) 526-4663 [email protected]

    Listing agent Nicholas Wallace (214) 526-4663 License #0806407

    Listing date Jun 18, 2025

    MLS# 20970759 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

    Farmland with Development Potential

    This property features 48.57 acres of farmland currently used for wheat and coastal hay production. The wheat crop is expected to be harvested around summertime. A creek runs through the property. Located approximately 30 miles from both Dallas and Fort Worth, the land presents opportunities for various uses, as there are no restrictions or HOA. The seller is open to owner financing and is willing to sell the property as a whole or divided into parcels, with a minimum of 10 acres and 150 feet of road frontage for each parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Hotel & Motel Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvarado
    County
    Johnson
    State
    Texas
    Longitude
    -97.154852
    Latitude
    32.448403

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    FAQs

    What type of property is this?
    Farm - 48.57 acres of farmland near Dallas and Fort Worth.
    Where is this farm located?
    The property is located at 9777 County Road 505 Alvarado, TX.
    What is the asking price?
    The asking price for this property is $964,250.
    What are key features of this property?
    This property features: - 48.57 acres of unrestricted farmland with no HOA.; - Creek running through the property.; - Seller open to owner financing.
    (214) 526-4663
    Request Owner's contact information
    9777 County Road 505 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
    9777 County Road 505 Alvarado, TX 76009
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