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    16384 Fm 1173 Krum, TX 76249

    For Sale
    $695,000

    Improved Land - Krum, TX

    Lot size:
    12.70 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 16384 Fm 1173

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R744705
    Exterior features
    Storage
    Lot size
    12.70 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2021
    Architectural style
    Other
    Additional Structures
    Storage

    Stephanie Funk (972) 716-3865

    Listing agent Cherie Reed (972) 716-3865 License #0655092

    Listing date Dec 2, 2025

    MLS# 21068236 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    12+ Acres of Improved Land

    This 12+ acre property presents a rare opportunity, featuring open and private land with available utilities. The Ag Exempt land offers possibilities for building a dream home, providing space, privacy, and views. There are no deed restrictions and no builder permits are required. A 2021 modern mobile home is located on the land. The property includes an aerobic system, underground electric, and a private well with filtered water, all installed within the last 3 years. The land is fully fenced with a gate. The property includes raised garden beds and a play set. Located close to shopping, dining, and conveniences in Denton, the property also offers investment potential, with the option to divide and sell acres. The property is located in Krum, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Krum
    County
    Denton
    State
    Texas
    Longitude
    -97.336705
    Latitude
    33.326363

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    FAQs

    What type of property is this?
    Land - Open land with utilities, modern mobile home, and investment potential.
    Where is this land located?
    The property is located at 16384 Fm 1173 Krum, TX.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - 12+ Acres of unrestricted land offers freedom with no deed restrictions or builder permits required.; - Ag Exempt status for potential tax benefits.; - Existing 2021 mobile home provides immediate living space.
    (972) 716-3865
    Request Owner's contact information
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    Krum, TX 76249
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16384 Fm 1173 Krum, TX 76249
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