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    Fm 407 Justin, TX 76247

    • Land
    • 382.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Fm 407

    Lot size
    382.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 382-acre property in Denton County, Texas, presents a remarkable investment opportunity. Situated along the rapidly developing FM 407 and 156 corridor in Justin, TX, this land boasts direct access to FM 407 and an estimated 150 acres of buildable land. The property's location within the FM 407 realignment project offers the potential for a curb cut onto the new roadway. A CLOMR/LOMR survey will be required to determine the precise net acreage. Zoned ETJ, this versatile land is suitable for various uses, including residential development, given its proximity to the Texas Motor Speedway and the amenities of Justin's charming downtown area. The high traffic volume on FM 407 (averaging over 11,000 vehicles per day) further enhances its investment appeal. Sewer and water are available. All information should be independently verified by the buyer.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Justin
    County
    Denton
    State
    Texas
    Longitude
    -97.2888
    Latitude
    33.0884

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      Sam Reynolds Rd

      Farms • 10.00 Acres
      0 Sam Reynolds Rd, Justin, TX 76247
      View Details
    • Value Estimation by Request

      Tbd Downe Rd

      Farms
      0 Tbd Downe Rd, Justin, TX 76247
      View Details
    • Value Estimation by Request
      1.01 Acres

      Roaring Riv Rd

      Land • 1.01 Acres
      0 Roaring Riv Rd, Justin, TX 76247
      View Details
    • Value Estimation by Request
      86.00 Acres

      Nwc - Tx 114 & F.m. 156

      Land • 86.00 Acres
      0 Nwc - Tx 114 & F.m. 156, Justin, TX 76247
      View Details
    • Value Estimation by Request
      6.70 Acres

      580 Creek Hill Way

      Land • 6.70 Acres
      580 Creek Hill Way, Justin, TX 76247
      View Details
    • Value Estimation by Request
      112,800 SF

      FM-156 & John Wiley Rd

      Restaurants • 112,800 SF
      FM-156 & John Wiley Rd, Justin, TX 76247
      View Details

    Similar Nearby for Sale

    • $4,400,000

      Versatile Land with Custom Barndominiums

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    • $10,000,000
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      Northlake Ranch and Homestead

      120-acre ranch in Northlake, TX with development potential.
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      120 Acre Ranch in Northlake

      120-acre ranch/homestead in Northlake, TX, ideal for investment/development.
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    • $999,990
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      Improved Land For Agricultural Use

      Well-equipped farm and ranch property ideal for agricultural, storage, or commercial
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    • $849,000
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      5.2 Acres in Justin ETJ

      Unimproved land with home, barn, and well near future development.
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      11.30 Acres

      Northlake, TX Unimproved Land

      11.3 acres of unimproved land for sale in Northlake, TX.
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    Similar Nearby for Lease

    • $6,000 /Mo
      101,800 SF

      Cleared Lot For Lease

      Fenced and gated 2.33-acre lot with gravel base available for lease.
      17539 Matany Rd, Justin, TX 76247
      View Details
    • Contact for pricing
      1,004,400 SF

      Class A Distribution Facility

      State-of-the-art distribution facility in Fort Worth.
      13410 Highway 114, Justin, TX 76247
      View Details
    • $11 SF/Yr
      6,000 SF

      FM 156 Justin Office/Industrial Space

      Modern 6,000 SF Office/Industrial in Denton County
      11180 Fm 156, Justin, TX 76247
      View Details
    • $25 SF/Yr
      4,900 SF

      Justin Retail Space - New Development

      4,900 SF Retail Shell Space Available
      0 Fm 407, Justin, TX 76247
      View Details
    • $20 SF/Yr
      6,000 SF

      Prime Justin Office Space Available

      Class A Office, 6,000 SF, Newly Built
      17516 Matany Rd, Justin, TX 76247
      View Details
    • $10 SF/Yr
      1,050 SF

      Industrial Flex Space For Lease

      Industrial flex space for lease with dock access available.
      15133 S County Line Rd, Justin, TX 76247
      View Details
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    Fm 407
    Justin, TX 76247
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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
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