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$502,259

NAL Estimated Property Value

16531 Fm 548, Forney, TX, 75126

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesStorage
Lot Size20.86 acres

Land Information

APN99.0374.0000.0455.00.02.00
SubdivisionRuth Peckum
Land UseAgriculture / Farming
Legal DescriptionRUTH PECKUM, TRACT 455.00; 20.86 ACRES, & BLDG & BLDG
Census Tract050210
Assessed Land Value$423,509
Assessed Improvement Value$78,750
Assessment Year2025

About this property

Looking to build your dream home on a beautiful 20 acre, treed property with a seasonal creek & unique topography? Then this lot is for you! There is approx. 20.86 acres according to recent survey & approx. 398' frontage on FM 548. This property is prime for development of a gorgeous, private estate with horses, a farm or a business development - since the property is un-zoned. There is a large metal garage - workshop on site that has endless uses. Close to schools, shopping & restaurants. Lot Valuation estimates best use as residential. Variations in topography indicate a seasonal creek- gulley running thru about a fourth of the very deep lot. This unique site is a rare & beautiful opportunity to create something special given the creek, topography & abundant trees. ** BUYERS AND BUYER’S AGENT TO VERIFY ALL PROPERTY & SITE INFO, SCHOOLS, ZONING, FLOOD PLAIN LOCATION and GENERAL DATA PERTAINING TO THIS PROPERTY PRIOR TO EXECUTING CONTRACT. INFO IS DEEMED RELIABLE BUT NOT GUARANTEED.

Investor Tools

Property Icon
$502,259
Estimated Property Value
$94,983Estimated Mortgage Balance
$407,276Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$943/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,809
$502,259
2025
$423,509
$78,750
$502,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,809
$502,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vicente T Vasquez
Unknown
$100,000
No
First
Aug 15, 2023
Feb 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,983
$407,276
81%
19%
$600/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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16531 Fm 548 | Property Details | No Agent List