This is a Once in a Lifetime Texas property. Here is a rare opportunity to own just under 40 acres of land with county road frontage in Alvarado, Tx minutes from the booming Mansfield, TX. This property has tons of income potential and possible future development potential. The 38.74 acres is currently used for a Cow-Calf operation and with 18 + acres of Sudan-Coastal Bermuda Mix Hay production. The pastures are clear and flat, and fully fenced and gated, with two stock tanks, and a loafing shed that are all visible out of the comfort of the recently renovated 2,287 square foot homestead on the front acreage. The acreage in front of the home is irrigated for the purpose of growing trees for more future income potential. The home sits back off the county road with pipe fencing and a gated drive for plenty of peace and privacy. There are 2 bedrooms upstairs with a full bathroom and the large Primary bedroom is on the main floor with a gorgeous refreshed primary en-suite bathroom. The living area is large and open with a great stone fireplace, high ceilings, and tons of natural light from the all directions. The dinette is perfect for enjoying your morning coffee and taking in your Texas Ranch views from one of many large windows. Enjoy cooking and entertaining from this kitchen with ample counter space featuring new countertops and custom Hickory cabinetry. The dining room just off the kitchen is perfect for sitting down and enjoying a family supper with views of the front acre of well manicured land. Past the home on the driveway take advantage of the tall steel beamed pole barn with space for equipment, tractors, an RV, or clear the way and gather around the outdoor stone fireplace and entertain on the finished concrete floor, perfect for Texas Nights. This is the type of property you can raise a family on and pass down for generations, taking advantage of multiple income potentials, all conveniently located in one of DFW's most developing areas.