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    197 Acres Fm 548 Forney, TX 75126

    For Sale
    $21,538,736

    Unimproved Land - Forney, TX

    Type:Unimproved Land
    Lot size:
    197.79 Acres
    Days on Market:
    138
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 197 Acres Fm 548

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    7297
    Lot size
    197.79 Acres

    Building Details

    Architectural style
    Other

    Newland Real Estate, Inc. (940) 565-8326

    Listing agent Jeff Higgs (940) 565-8326 License #0594143

    Listing date Jul 31, 2025

    MLS# 20819355 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

    197+ Acres in Forney, TX

    This property features 197.785 acres of unimproved land situated in a prime growth area of Forney, Texas. Located just north of the new North Forney High School, the land is surrounded by several new subdivisions and lies outside city limits. The property boasts approximately 1800 feet of frontage on FM 548 and extends over 5000 feet in depth. Currently used for crops, the land is ag exempt and free of floodplains. New water and gas lines are being installed on FM 548. Contact the City of Forney for more information on utilities.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.39400006
    Latitude
    32.78607852

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    FAQs

    What type of property is this?
    Land - 197.785 acres of unimproved land in a prime growth area.
    Where is this land located?
    The property is located at 197 Acres Fm 548 Forney, TX.
    What is the asking price?
    The asking price for this property is $21,538,736.
    What are key features of this property?
    This property features: - Prime growth area location near new North Forney High School and new subdivisions.; - 197.785 acres with approximately 1800 feet of frontage on FM 548.; - Ag exempt status.
    (940) 565-8326
    Request Owner's contact information
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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

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    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
    197 Acres Fm 548 Forney, TX 75126
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