Premier Multi-Family Development
FM 1187 Bankhead HWY Fort Worth, TX 76008
FM 1187 Bankhead HWY, Fort Worth, TX, 76008
$40,000,000
For Sale
$40,000,000
LAND - Fort Worth, TX
Lot Size90.00 Acres
Days on Market316
Property Features for FM 1187 Bankhead HWY
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- R000122347
- Lot size
- 90.00 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 80.952 TRACT: PT 5 ABST: 647 SURVEY: H
- Tax Annual Amount
- 61
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency
eXp Realty, LLC
(888) 519-7431
Austin, TX
Listed by
Stacy Lynch · License #TX0329792
(888) 519-7431
Added: Sep 5, 2025 Checked: Jul 17 at 7:06 am
MLS# 20943684
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Investment Insights
Based on property information with market context.
This offering presents a 90-acre land tract marketed as a premier multi-family site within Dean Ranch, a 1,825-acre mixed-use, master-planned development. The developer is currently in the process of annexation, with about 238 acres expected to be annexed soon, supporting the staged rollout of the overall project. While plans include utilities being brought to the site, utilities are not currently available on-site at the time of listing, making this a more appropriate opportunity for investors and builders looking to time infrastructure delivery.
The property is located at FM 1187 and Bankhead Highway, within the broader Fort Worth and Aledo growth corridor. The surrounding area has experienced strong expansion over the last 20 years, with employers and retail demand moving west. In addition, Weatherford ISD is described as a Class 6A district, and Aledo ISD is described as a 5A district, reflecting competitive school enrollment context for residential planning.
Given its size and master-planned positioning, the tract is well suited for developers pursuing future multi-family community buildout once utilities are in place. For buyers seeking a land basis tied to an active, annexation-driven development schedule, this site offers a clear path to ground-up planning while supporting longer-horizon value creation.
The property is located at FM 1187 and Bankhead Highway, within the broader Fort Worth and Aledo growth corridor. The surrounding area has experienced strong expansion over the last 20 years, with employers and retail demand moving west. In addition, Weatherford ISD is described as a Class 6A district, and Aledo ISD is described as a 5A district, reflecting competitive school enrollment context for residential planning.
Given its size and master-planned positioning, the tract is well suited for developers pursuing future multi-family community buildout once utilities are in place. For buyers seeking a land basis tied to an active, annexation-driven development schedule, this site offers a clear path to ground-up planning while supporting longer-horizon value creation.
Key Highlights
- Premier multi‑family site at FM 1187 and Bankhead Hwy along the Fort Worth–Aledo border
- 1,825‑acre mixed‑use, master‑planned development planned at Bailey Ranch Road and FM 1187
- About 238 acres of the development will soon be annexed
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Large tract positioned within a master-planned mixed-use development, with annexation underway and utilities planned for future delivery.
Where is this residential land & home lot located?
The property is located at FM 1187 Bankhead HWY Fort Worth, TX.
What is the asking price?
The asking price for this property is $40,000,000.
What are key features of this property?
This property features: Premier multi‑family site at FM 1187 and Bankhead Hwy along the Fort Worth–Aledo border; 1,825‑acre mixed‑use, master‑planned development planned at Bailey Ranch Road and FM 1187; About 238 acres of the development will soon be annexed
