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$713,027

119 E Us Highway 80, Forney, TX, 75126

$926,935 ARVInfo
Off MarketInfo
CommercialInfo
Baths32,000 Sq Ft
RetailRetail
price_per_sqft$0.69 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

FlooringConcrete

Exterior

Lot Size34,081 sqft

Building Information

Year Built1980
Stories2
Roof Type112
Garage Spaces5

Land Information

APN00.1110.0018.0001.04.02.02
Lot Number1-3
SubdivisionForney Revised
Land UseCommercial
Legal DescriptionFORNEY REVISED, BLOCK R, LOT 1-3; & BUILDING & BUILDING
Census Tract050214
Assessed Land Value$136,320
Assessed Improvement Value$576,707
Assessment Year2025

About this property

Rare opportunity to lease one of Forney's most well known properties. This property is the 32,000 sq. ft. Philbeck's Antiques building along Hwy 80. High visibility and easy access are a few of the many desirable features of this location. Large open porch on the entry level and 2nd level are the first thing you notice as you approach the building. Inside you will find a thoughtful and flexible layout. Restrooms are located on both levels and 3 sets of stairs allows for access around the building. Downstairs consists of 20,000 sq. ft. The second story has 12,000 sq. ft. designed for offices, kitchen and a storage or workshop area. Bring your unique business ideas to Forney in this great building!

Investor Tools

Property Icon
$713,027
Estimated Property Value
$0Estimated Mortgage Balance
$713,027Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$926,935
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,278 /month
Positive
Cash Flow Estimate:
$1,426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,509/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,541
$713,027
2025
$136,320
$576,707
$713,027
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,541
$713,027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$713,027
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Forney

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119 E Us Highway 80 | Property Details | No Agent List