Price Improvement: 4.1-Acre Forestburg TX Property With No Deed Restrictions Now $495,000

If you've been searching for acreage for sale in North Texas with a home, barn, shop, and fewer restrictions, this Forestburg property deserves another look.

339 Colwell Road in Forestburg, Texas is now offered at $495,000, reduced from $500,000. The property combines a newly updated 5-bedroom ranch home with 4.1 acres, a barn, shop, storm shelter, automatic gated entrance, fenced homesite, private road access, and no known deed restrictions.

For buyers looking beyond traditional subdivisions for more land, privacy, and flexibility, this is the kind of property that's becoming increasingly difficult to replicate.

4.1 Acres With Room to Actually Use It

The acreage is one of the biggest reasons to look at this property.

Rather than buying land with nothing established, buyers get a homesite that already includes useful improvements:

• 4.1 acres
• Fenced homesite
• Barn
• Shop
• Storage
• Storm shelter
• Automatic privacy gate
• Private road access
• Walk-in chicken coop
• No known deed restrictions
• No HOA
• No MUD

The property description specifically notes the opportunity to bring horses, chickens, or livestock, giving buyers considerably more flexibility than they'd typically find in an HOA-controlled neighborhood.

A 5-Bedroom Single-Story Ranch Home

The home itself offers approximately 3,167 square feet in a single-story layout with:

• 5 bedrooms
• 2 full bathrooms
• 1 half bathroom
• Dedicated office
• Two dining areas
• Large living area
• Open-concept floor plan
• Walk-in primary closet
• Built-in storage
• Natural woodwork

The kitchen features an oversized island, extensive cabinetry and built-ins, generous counter space, breakfast bar, electric cooktop, built-in oven, microwave, and a recently replaced dishwasher.

Updated Without Losing the Country Setting

Country properties can sometimes come with a long list of projects.

This one has already received several significant improvements.

Both full bathrooms have been completely renovated, and additional updates listed for the property include new windows, a newer AC unit, hot water heater, second septic tank, and newly replaced dishwasher.

The property is served by a private well and septic system.

And Then There Are the Fruit Trees...

This is one of those details that doesn't fit neatly into a standard property search filter.

The acreage includes:

2 peach trees, 2 apple trees, a pear tree, a wild pear tree, 7 wild plum trees, a black walnut tree, and 2 pecan trees.

If your idea of moving to the country involves more than simply having a bigger backyard, those are the details that make a property memorable.

Where Is Forestburg, Texas?

Forestburg is located in Montague County, northwest of the larger DFW suburban corridor.

This property offers a rural setting while maintaining access toward Decatur, Bowie, and surrounding North Texas communities. It is currently identified as being within Forestburg ISD. Buyers should independently verify current school assignments and any property-use requirements that are important to their plans.

Why No Deed Restrictions Matter to Some Acreage Buyers

One reason buyers search specifically for North Texas acreage with no restrictions is flexibility.

Some buyers want horses or livestock.

Others need a workshop.

Some want space for equipment, gardening, chickens, hobbies, or simply more separation from neighboring homes.

According to the current listing information, this property has no known restrictions and no HOA. Buyers should verify that their intended use complies with applicable county regulations and other requirements before purchasing.

New Price: $495,000

The property was originally listed at $500,000 and received a price improvement to $495,000 on September 21, 2026.

That puts a 3,167-square-foot home on 4.1 acres with a shop, barn, storm shelter, gated entrance, and no HOA below the $500,000 search threshold.

And that threshold matters.

Buyers searching online with a maximum price of $500,000 will now find a property that offers considerably more than just the house itself.

Frequently Asked Questions

How much acreage comes with this Forestburg TX home?

The property includes approximately 4.1 acres in Montague County.

Does the Forestburg property have deed restrictions?

The current MLS information reports no known restrictions. Buyers should independently verify restrictions and suitability for their intended use.

Does it have a barn or shop?

Yes. The property description identifies both a shop and barn, along with storage and a walk-in chicken coop.

Can you have horses or livestock?

The listing specifically describes the acreage as offering opportunities for horses, chickens, and livestock. Buyers should independently confirm that their particular intended use is permitted.

Does the property have an HOA?

No HOA is reported in the current MLS information.

Is this property eligible for VA or FHA financing?

The current MLS listing identifies VA, FHA, conventional, and cash as accepted listing terms. Final loan eligibility depends on the buyer, lender, appraisal, and property requirements.

Looking for Acreage in North Texas?

If your home search includes land, fewer restrictions, a shop or barn, livestock possibilities, and enough house to actually spread out, this Forestburg property is worth seeing.

Now offered at $495,000.

Reach out for more information or to schedule a private showing.

Shawna Martinez | Performance Team | Real | 940-395-3474 | shawna@performtexas.com | performtexas.com