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$3,400,000

15326 Lake Ray Hubbard Drive, Forney, TX, 75126

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land
Year BuiltBuilt in 1925

About this property

Welcome to an Exceptional Commercial Opportunity in Forney, TX! Expansive 3-acre lot, ideal for commercial development. Existing Structure: A 3,000 sq ft shop, inclusive of all personal property inside. Residential Structure Current house on the property will be removed prior to closing, offering a clean slate for development. Key Highlights: Upcoming Developments: The property is in proximity to significant upcoming commercial establishments, including a Costco warehouse and a McDonald’s restaurant. Accessibility: Situated near major highways, ensuring high visibility and easy access for potential retail customers. Economic Growth: Forney has experienced rapid growth, with a 51.2% increase from 2020 to 2023, making it the fastest-growing town in the country. Development Potential: This property presents a unique opportunity for investors and developers to capitalize on Forney’s expanding commercial landscape. The forthcoming Costco and McDonald’s establishments are expected to drive substantial traffic to the area, enhancing the viability of additional retail ventures on this site. Don’t miss this rare opportunity to secure a prime retail location in Forney’s thriving commercial district!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,400 /month
Positive
Cash Flow Estimate:
$6,800 /month

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Financing Details

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

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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15326 Lake Ray Hubbard Drive | Property Details | No Agent List