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339 Colwell Rd, Forestburg, TX, 76239

5beds
3baths
3,167sqft
$500,000
$158price/sqft
$3,842/moest. monthly cost
$153,680/yrincome needed

About This Home

339 Colwell Road in Forestburg, Texas offers a newly updated single-story ranch home on 4.1 acres in Montague County featuring 5 bedrooms, 2.5 bathrooms, a dedicated office, shop, barn, storm shelter, automatic privacy gate, fenced homesite, private road access, and no deed restrictions. Located in Forestburg ISD, this property delivers the space, privacy, and flexibility buyers are looking for in North Texas. The open-concept floor plan centers around a spacious living area and a beautifully designed kitchen featuring an oversized island, abundant cabinetry, extensive built-ins, generous counter space, and a newly replaced dishwasher. The spacious primary suite offers a private retreat, while the dedicated office provides the flexibility to work from home or create a hobby space. Both full bathrooms are completely renovated. Recent improvements include new windows, newer AC unit, hot water heater, and a second septic tank, creating a move-in-ready home with modern finishes throughout. Outside is where this property truly shines. The automatic gated entrance, fenced homesite, shop, barn, storm shelter, and open acreage create endless possibilities. Bring your horses, chickens, livestock, or simply enjoy the open space. There is also a walk-in chicken coop. With no deed restrictions, you'll have the freedom to make this property your own while enjoying the privacy and peaceful setting that country living offers. There are two peach trees, two apple trees, a pear tree, a wild pear tree, seven wild plum trees, a black walnut tree, and two pecan trees! Conveniently located in Montague County with easy access to Decatur, Bowie, and surrounding North Texas communities, this property offers the best of rural living while remaining close to shopping, dining, and everyday conveniences.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

3/10
Forestburg SchoolGrades PK-124.3 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Microwave

Basement

  • Has basement: Yes

Bedroom

  • Level: First
  • Dimensions: 11 x 13

Bedroom

  • Level: First
  • Dimensions: 15 x 14

Bedroom

  • Level: First
  • Dimensions: 14 x 15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Breakfast Room Nook

  • Level: First
  • Dimensions: 14 x 13

Dining Room

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 11 x 6

Features

  • Built-in Features,Eat-in Kitchen,Kitchen Island,Open Floorplan,Natural Woodwork,Walk-In Closet(s)
  • Flooring: Carpet,Ceramic Tile,Laminate

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 3,167 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features
  • Level: First
  • Dimensions: 21 x 20

Laundry

  • Features: Built-in Features
  • Level: First
  • Dimensions: 7 x 21

Living Room

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 19 x 17

Master Bathroom

  • Features: Built-in Features
  • Level: First
  • Dimensions: 12 x 6

Master Bedroom

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Dimensions: 20 x 17

Office

  • Level: First
  • Dimensions: 13 x 13

Other

  • Level: First
  • Dimensions: 8 x 10

Other

  • Level: First
  • Dimensions: 3 x 6

Property

Details

  • Parcel number: R000025726
  • Exclusions: porch swing,smoke tree,weeping maple,rose bushes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Garden,Storage
  • Fencing: Fenced

Lot

  • Lot size: 4.10 Acres
  • Features: Acreage,Back Yard,Cleared,Lawn,Few Trees

Parking

  • Total spaces: 2
  • Parking features: Driveway,Gravel
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Ice Storm
Strong Wind
Tornado
Cold Wave
Hail
Heat Wave
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$601$7,212
Property Taxes $366$4,392
Electricity $347$4,173
Total$3,842$46,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,725/yr
40% on housing$115,260/yr
45% on housing$102,453/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$158This listing

vs Other Active Listings

Avg $/sqft

ZIP 76239$790
Montague County$257

vs Homes Sold Last Month

Median $/sqft

ZIP 76239
Montague County$153

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listed for sale$500,000
2026-07-26Listing removed$500,000
2026-06-30Listed for sale$500,000

For Sale by Agent

AgentShawna Martinez
BrokerageReal Broker, LLC

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