




$500,000
339 Colwell Rd, Forestburg, TX, 76239
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About this property
339 Colwell Road in Forestburg, Texas offers a newly updated single-story ranch home on 4.1 acres in Montague County featuring 5 bedrooms, 2.5 bathrooms, a dedicated office, shop, barn, storm shelter, automatic privacy gate, fenced homesite, private road access, and no deed restrictions. Located in Forestburg ISD, this property delivers the space, privacy, and flexibility buyers are looking for in North Texas. The open-concept floor plan centers around a spacious living area and a beautifully designed kitchen featuring an oversized island, abundant cabinetry, extensive built-ins, generous counter space, and a newly replaced dishwasher. The spacious primary suite offers a private retreat, while the dedicated office provides the flexibility to work from home or create a hobby space. Both full bathrooms are completely renovated. Recent improvements include new windows, newer AC unit, hot water heater, and a second septic tank, creating a move-in-ready home with modern finishes throughout. Outside is where this property truly shines. The automatic gated entrance, fenced homesite, shop, barn, storm shelter, and open acreage create endless possibilities. Bring your horses, chickens, livestock, or simply enjoy the open space. There is also a walk-in chicken coop. With no deed restrictions, you'll have the freedom to make this property your own while enjoying the privacy and peaceful setting that country living offers. There are two peach trees, two apple trees, a pear tree, a wild pear tree, seven wild plum trees, a black walnut tree, and two pecan trees! Conveniently located in Montague County with easy access to Decatur, Bowie, and surrounding North Texas communities, this property offers the best of rural living while remaining close to shopping, dining, and everyday conveniences.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Forestburg
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