0 Fm 156 Ponder, TX 76247
This exceptional 65-acre commercial land parcel presents a remarkable development opportunity in the rapidly expanding Justin, Texas area. Strategically located on FM 156, this property enjoys direct access to I-35W and is situated along the projected path of the future 407 realignment, ensuring excellent connectivity to the broader Dallas-Fort Worth Metroplex. The City of Justin is experiencing significant growth, with recent annexations and plans for approximately 10,000 new homes in the immediate vicinity. This surge in residential development is further complemented by the expansion of neighboring communities like Northlake, Krum, and Fort Worth. The property benefits from the presence of substantial nearby development projects, including a significant 4,500-home development undertaken by Hillwood companies in Justin. Utilities are conveniently located on-site, streamlining the development process. This prime commercial-zoned land offers unparalleled potential for a wide range of development projects, capitalizing on the explosive growth and strategic location within the thriving DFW region. The property is located in Denton County, Texas, with a zip code of 76247.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.