This amazing property is located outside the city limits of Aledo, Tx. It is at the intersection of FM 1187 and Aledo Iona Rd. Perfect location for development. There is a lot of activity going on in the area from the new Discovery golf course development, Maverick Golf and Ranch Club to the recent acquisition of acreage across the street for multiple use purposes. The city of Fort Worth ETJ is slated to bring utilities to that area as well. The property consists of 15.868 acres currently zoned open-space ag and another 1-acre homesite. There is an additional 4.992 acres with a large barn zoned commercial but currently is open-space ag. Many possibilities for commercial or even industrial use on this one. The acreage features rolling pasture and multiple water wells. TXDOT and the Aledo Future planning site indicates lots of growth and improvements in this exact area and all in the highly desirable Aledo ISD. Current improvements include a very large single-family residence and barn.