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$40,000,000

FM 1187 Bankhead HWY, Fort Worth, TX, 76008

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

Located at FM 1187 and Bankhead HWY. See photos for map and survey plat. Dean Ranch is a 1,825-acre, mixed-use, master-planned development to be located along the Fort Worth & Aledo border at Bailey Ranch Road and FM 1187. About 238 acres of that development will soon be annexed. The last 20 years or so has seen explosive growth in the county, with more employers moving their businesses west and a hot market for real estate and retail. Weatherford ISD is now a Class 6A district – the largest classification in the state – and Aledo ISD is a 5A district. see pdf attachments. The developer is in the process of annexation and bring utilities to the site. Utilities are not to site at this time. PREMIER MULTI-FAMILY SITE

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$240,000 /month
Positive
Cash Flow Estimate:
$80,000 /month

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Stacy Lynch

eXp Realty, LLC

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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: Fort Worth

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FM 1187 Bankhead HWY | Property Details | No Agent List