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    Property profile & analytics

    7621 Hwy 77 Forreston, TX 76041

    • Commercial real estate
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Jul 30, 2024
    Location Intelligence
    Property ID
    US83-0510673
    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 7621 Hwy 77

    Lot size
    10.00 lot acres
    Property type
    Commercial real estate
    APN
    99.1036.000.063.00.112
    APU
    99103600006300112

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forreston
    County
    Ellis
    State
    Texas
    Longitude
    -96.8633
    Latitude
    32.2647
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    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
    2018
    $6,483
    $493,970
    $266,676
    $760,646
    -
    $493,970
    $266,676
    $760,646

    Comparable in this City

    • Value Estimation by Request
      2,232 SF

      406 Pecan St

      COMMERCIAL (GENERAL) • 2,232 SF
      406 Pecan St, Forreston, TX 76041
      View Details
    • Value Estimation by Request
      1,950 SF

      8100 Hwy 77

      COMMERCIAL (GENERAL) • 1,950 SF
      8100 Hwy 77, Forreston, TX 76041
      View Details
    • Value Estimation
      $290,000
      1,380 SF

      403 Walnut St

      COMMERCIAL (GENERAL) • 1,380 SF
      403 Walnut St, Forreston, TX 76041
      View Details
    • Value Estimation by Request
      123 SF

      4930 Hwy 77

      COMMERCIAL (GENERAL) • 123 SF
      4930 Hwy 77, Forreston, TX 76041
      View Details
    • Value Estimation
      $580,000
      3,900 SF

      8148 Hwy 77

      COMMERCIAL (GENERAL) • 3,900 SF
      8148 Hwy 77, Forreston, TX 76041
      View Details
    • Value Estimation by Request
      5.55 Acres

      8th St

      COMMERCIAL (GENERAL) • 5.55 Acres
      8th St, Forreston, TX 76041
      View Details

    Similar Nearby for Sale

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      Forreston Farm and Ranch Land

      Agricultural property in Forreston, Texas, ideal for farming.
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    • $275,000
      4.83 Acres

      Residential Land in Forreston, Texas

      4.827 acres of unimproved land suitable for residential development.
      1035 Holder Rd, Forreston, TX 76041
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    • $2,999,000
      12.00 Acres

      Turnkey Bird Breeding and Hunting

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    7621 Hwy 77
    Forreston, TX 76041
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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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