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$570,000

903 E Broad Street, Forney, TX, 75126

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths9,000 Sq Ft
RetailRetail
price_per_sqft$80.56 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringConcrete

Exterior

Lot Size2.38 acres

Building Information

Year Built1998
Stories1
Roof Type114

Land Information

APN00.1110.0042.0000.00.02.02
SubdivisionForney Revised
Land UseCommercial
Legal DescriptionFORNEY REVISED, BLOCK 42 PT
Census Tract050214
Assessed Land Value$414,168
Assessed Improvement Value$155,832
Assessment Year2025

About this property

Great property located just outside of downtown Forney. With just over 2.3 acres you have plenty of room to bring all of your great business ideas. Property is currently being used as a warehouse and storage yard. The primary building is 9,000 sq. ft. and offers a loading dock for easy access. Two secondary buildings could be revitalized and repurposed on site. An inactive rail line from the Union Pacific Railroad enters the property on the west side along Chestnut street. Bring your business ideas for this great property!!!

Investor Tools

Property Icon
$570,000
Estimated Property Value
$0Estimated Mortgage Balance
$182,884Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,590
$570,000
2025
$414,168
$155,832
$570,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,590
$570,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$428,000
No
First
May 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,116
$182,884
32%
68%
$2,567/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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903 E Broad Street | Property Details | No Agent List