Paragon Realtors Real Estate

0 Old Annetta RoadAledo, TX 76008Price: $398,800

  • Price: $398,800
  • Est. Mortgage of $/month
  • 3 Days on Market
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$
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Federal 30-year interest rate: 6.71% last updated on Sep 3, 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.
  • $398,800List Price
  • 0.8Acreage

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Listed by Doug Beard of League Real Estate (817-523-9113)
Rare builder and investor opportunity in the heart of Aledo! This 0.80 acre tract near 1822 Old Annetta Road has already been re-platted with the City of Aledo into four single-family residential lots, offering an exceptional opportunity to develop and sell or lease four new homes in one of Parker County's most sought after communities. Much of the upfront work has already been completed, including Oncor electrical service run to each lot. The owners have significantly reduced the land price to encourage a quick sale and account for the remaining cost of tapping into City of Aledo water and sewer, creating an attractive opportunity for a builder, developer or investor looking to maximize value and shorten the development timeline. The property offers an open building site with mature trees, and backs to the established Parker Station neighborhood. Its central Aledo location is a major selling point-enjoy walkability to local coffee shops, restaurants and downtown Aledo shopping, while being just minutes from Elementary, Aledo Middle School and Aledo High School within highly sought-after Aledo ISD. Located within the Aledo city limits, this property presents the opportunity to create a thoughtfully designed collection of four new homes in an established area where available infill development sites are increasingly difficult to find.

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Based on information submitted to North Texas Real Estate Information Services as of September 7, 2026 12:19 AM UTC. 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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