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Days4Days on Market
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$435,000

7007 Wichita Street, Forest Hill, TX, 76140

On MarketInfo
Just AddedInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size40,707 sqft

Land Information

APN17830-19-16A
Land UseVacant Land -Commercial
Legal DescriptionHERITAGE WEST ADDITION BLOCK 19 LOT 16A
Census Tract111102
Assessed Land Value$3,256
Assessment Year2025

About this property

Prime opportunity to own a 1-acre lot in the rapidly developing area of Forest Hill, Texas! Surrounded by ongoing growth and planned street expansion, this property offers excellent potential for future development. Conveniently located near major Highway I-20, providing easy access to surrounding cities, shopping, and amenities. Whether you’re an investor, builder, or future homeowner, this is an opportunity you don’t want to miss. Buyer to verify all information, zoning, utilities, and perform their own due diligence.

Investor Tools

$0Estimated Mortgage Balance
$3,256Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

Interested in this property?

Alejandra Salazar

Elite Real Estate Texas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$7/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$71
$3,256
2025
$3,256
N/A
$3,256
No

Tax History

Year
Tax Paid
Assessed Value
2025
$71
$3,256

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,256
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: Forest Hill

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7007 Wichita Street | Property Details | No Agent List