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Days355Days on Market
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$4,999,999

12370 Fortenberry Road, Sanger, TX, 76226

On MarketInfo
Baths0 Bath
Baths2,200 Sq Ft
RanchRanch
Year BuiltBuilt in 2003

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size300 acres

Building Information

Year Built2003
Stories1

Land Information

APNR245391
SubdivisionThomas
Land UseAgriculture / Farming
Legal DescriptionA1239A THOMAS, TR 1C(1), 300.0 ACRES
Census Tract020204
Assessment Year2025

About this property

Huge Price Improvement. Best value in Denton County Located just an hour from the DFW metroplex, this prime 300-acre property, with direct access off Highway 51, boasts outstanding road frontage and a private pipe entrance that leads to the ranch headquarters. The main building includes 2,000 sq. ft. of living space, along with an attached 60x80 airplane hangar, all set atop one of Denton County's highest points offering stunning views. Additional improvements include a 1999 Palm Harbor Double Wide mobile home featuring 3 bedrooms, 2 bathrooms, and an attached carport. The property is well-equipped for cattle operations, with a 100x40 commodity barn, pipe holding pens, a squeeze chute, and a loading dock. Excellent opportunity for a feed lot with elevation and trinity well that produces 150 GPM. The property includes 7 well maintained traps, two large stock tanks and 4 water wells. A 2,875-foot grass airstrip is conveniently located adjacent to the headquarters. While the ranch has a rich history of running a purebred cattle operation, it presents immense potential for commercial ventures or future development. Location is key!

Investor Tools

Property Icon
$426,000
Estimated Property Value
$0Estimated Mortgage Balance
$426,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$30,000 /month
Positive
Cash Flow Estimate:
$10,000 /month

Interested in this property?

Phillip Dodd

Arrowhead Land Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$748
$358,956
2025
N/A
N/A
$4,011,058
No

Tax History

Year
Tax Paid
Assessed Value
2025
$748
$358,956

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$426,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Sanger

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