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    459 Colwell Rd Forestburg, TX 76239

    For Sale
    $1,600,000

    Farm/Ranch - Forestburg, TX

    Type:Farm
    Property size:
    954 SF
    Lot size:
    89.10 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 459 Colwell Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    R000006292
    Parking features
    Carport, Covered, Driveway
    Interior features
    Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Loft, Open Floorplan
    Exterior features
    Stable/Barn, Storage, Fence
    Fencing
    Fenced
    Appliances
    Microwave, Range, Refrigerator
    Size
    954 SF
    Lot size
    89.10 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Floors in Building
    2
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    Barn(s), Stable(s), Storage

    Emersons Realty (972) 931-1400

    Listing agent Mike Morris (940) 600-1313 License #0654696

    Listing date Oct 7, 2025

    MLS# 21080783 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

    Texas Ranch with Creek Frontage

    Located at 459 Colwell Road in Forestburg, Montague County, Texas, this 89.1-acre property is suitable for a ranch, weekend retreat, or full-time country living. It features a 954 square foot, two-bedroom home, along with a separate 400 square foot apartment that could serve as guest accommodations or office space. A 600 square foot shop provides workspace, and an additional building can be adapted for use as a second shop, tack room, or tool room. The property is fenced and cross-fenced, with pens in place for managing livestock. Mature pecan trees are scattered throughout the land. Bingham Creek meanders through the property, providing a natural water source, and multiple ponds are strategically located to ensure water for livestock.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Hotel & Motel Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Forestburg
    County
    Montague
    State
    Texas
    Longitude
    -97.495227
    Latitude
    33.509835

    Nearby Similar for Sale

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      28.45 Acres

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      28.45 acre ranch property for sale in Forestburg, Texas.
      334 Greanead Rd, Forestburg, TX 76239
      View Details
    • $6,500,000

      Forestburg Agricultural Property for Sale

      Agricultural property located at 2197 Netherly Ln, Forestburg, TX.
      2197 Netherly Ln, Forestburg, TX 76239
      View Details

    FAQs

    What type of property is this?
    Ranch - 89.1-acre Forestburg, TX property with home, apartment, and creek.
    Where is this ranch located?
    The property is located at 459 Colwell Rd Forestburg, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 89.1-acre property ideal for ranching, recreation, or full-time country living.; - Includes a 954 sq ft, 2-bedroom home and a separate 400 sq ft apartment.; - Features a 600 sq ft shop plus an additional adaptable building.
    (940) 600-1313
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    Forestburg, TX 76239
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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
    459 Colwell Rd Forestburg, TX 76239
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