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3-4 Fm 1173, Krum, TX, 76249

--beds
0baths
--sqft
$650,000
--price/sqft
$4,848/moest. monthly cost
$193,920/yrincome needed

About This Home

Great commercial opportunity in Krum! Well located commercial lots in the rapidly growing town of Krum. Heavily traveled road with great road frontage. City water and city sewer available. Information deemed reliable but not guaranteed. Buyer and buyer's agent to verify that all information and measurements contained herein is accurate.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
Krum Middle SchoolGrades 6-80.7 mi
5/10
Krum High SchoolGrades 9-120.5 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 2.30 Acres

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

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Hail
Cold Wave
Heat Wave
Ice Storm
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm
Tornado

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 $3,286$39,432
Home Insurance *$534$6,408
Property Taxes $790$9,480
Electricity $238$2,859
Total$4,848$58,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,217/yr
40% on housing$145,440/yr
45% on housing$129,280/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: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 76249$175
Denton County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 76249$183
Denton County$192

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)

No zestimate history available

Price History

DateEventPrice
2026-03-27Listed for sale$650,000

For Sale by Agent

AgentEverette Newland
BrokerageNewland Real Estate

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