Paragon Realtors Real Estate

1442 E Bypass 287Alvord, TX 76225Price: $20,000

  • Price: $20,000
  • 125 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $20,000List Price
  • 1.6Acreage

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Listed by Teresa Von Illyes of AmeriPlex Realty,Inc.
Incredible Ground lease opportunity for restaurant space Alvord, TX, located in Wise County just off Highway 287 “Colorado Highway”. Picture is of the current survey of the property. This property is NOT for sale. The owner only desires to do a ground lease on this property. Alvord is a growing community situated approximately 10 miles northeast of Decatur and about 50 miles north of Fort Worth, offering excellent visibility and convenient access for guests. This property has extremely easy on and easy off access to 287. This is a strong property in an area experiencing significant growth. North Texas continues to expand rapidly, and Alvord is poised for future development. Don't miss the chance to secure this versatile investment opportunity while the town is still on the rise. Owner will divide into two parcels for businesses wanting smaller space but in an area that is ever growing and changing with 50,000 average traffic count per day and Hwy 287 changing to I47 - Trump Highway!

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Based on information submitted to North Texas Real Estate Information Services as of June 9, 2026 9:09 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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