5517 Fm 3136 Over 159 acres of ag exempt land in Alvarado, offering an opportunity to own a substantial tract in a growing area of Johnson County. Located near Keene Industrial Park and existing industrial development, this property offers potential for a variety of uses, including industrial, commercial, agricultural, residential, recreational, or long-term investment purposes. Situated outside city limits, the land is unzoned with no known restrictions, providing flexibility for buyers exploring future possibilities. The property features a combination of open pastures, scattered trees, wooded areas, varied terrain, perimeter fencing, and four stock tanks currently used for watering cattle. With a mix of cleared and natural areas, the acreage offers opportunities for continued ranching and agricultural operations, outdoor recreation, or future development. Convenient access to US Highway 67 and I-35W adds to the property's appeal and connection to surrounding communities. Bethany Co-op is the available water provider. Buyer to purchase new survey. Seller to retain mineral rights. After closing, seller will repair the existing dirt road from County Road 317 to the railroad tracks to access the property.