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    Property profile & analytics

    16847 Fm 455 Forestburg, TX 76239

    • Commercial real estate
    • 1,102 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-8050531
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16847 Fm 455

    Year built
    1958
    Property size
    1,102 SF
    Property type
    Commercial real estate
    APN
    R000005563
    APU
    R000005563

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forestburg
    County
    Montague
    State
    Texas
    Longitude
    -97.5566
    Latitude
    33.5312

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,326
    $3,000
    $93,570
    $96,570
    -
    $3,000
    $93,570
    $96,570

    Comparable in this City

    • Value Estimation
      $505,000
      1,622 SF

      16928 Fm 455

      COMMERCIAL (GENERAL) • 1,622 SF
      16928 Fm 455, Forestburg, TX 76239-3190
      View Details
    • Value Estimation by Request
      2,944 SF

      16764 Fm 455

      COMMERCIAL (GENERAL) • 2,944 SF
      16764 Fm 455, Forestburg, TX 76239-3100
      View Details
    • Value Estimation by Request
      1,140 SF

      16189 Fm 455

      COMMERCIAL (GENERAL) • 1,140 SF
      16189 Fm 455, Forestburg, TX 76239
      View Details
    • Value Estimation by Request
      720 SF

      Fm 455

      COMMERCIAL (GENERAL) • 720 SF
      Fm 455, Forestburg, TX 76239
      View Details
    • Value Estimation by Request
      1,200 SF

      16591 Fm 455

      COMMERCIAL (GENERAL) • 1,200 SF
      16591 Fm 455, Forestburg, TX 76239-3198
      View Details
    • Value Estimation by Request
      3,408 SF

      18091 Fm 922

      COMMERCIAL (GENERAL) • 3,408 SF
      18091 Fm 922, Forestburg, TX 76239
      View Details

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    16847 Fm 455
    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
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