CITY SPOTLIGHT:
FORNEY, TEXAS
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Forney, Texas
At A Glance
Population: 40,345
YOY Increase: 11.37%
Median Home Price: $325,000
YOY Increase: +6.9%
Unemployment Rate: 4.9%
*latest numbers as of Apr. 2024
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FORNEY:
FUTURE-FOWARD CITY DOUBLES POPULATION
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Forney is one of the hottest spots for buyers in the country right now, placing number 5 on Opendoor's 2022 list of hottest cities in the U.S.
With all of this explosive growth, it's no surprise that businesses are following suit- Target, Home Depot, and Walmart have staked their claim in Forney already. Additionally, there is an Amazon Fulfillment Center there that employs around $58,000 people.
With all of this growth, and more on the way, the possibilities for Forney are endless, and younger and older people alike are constantly looking for new places to rent in the booming city. This should be among the top markets any investor in Texas is looking to stake claim!
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FORNEY:
EDUCATION LEADER IN NORTH TEXAS
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Forney ISD: City's Biggest Employer |
Another reason that Forney is attracting young families is because of its thriving school district. The district boasts a big student group of 17,000 students (that's more than 1/3 of the population!), and Forney is rated within the top 20% of school districts in the state.
Teachers are also doing well in the city, with more than 20 schools to choose between, and an average salary rivaling the best school districts in Texas.
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"The OC" Breaks Texas Records |
Last year, Forney ISD welcomed its first students to "The OC" (short for Opportunity Central), a 350,000-square-foot campus that includes a mall, a theater, and an arena.
Students are heavily involved in running those, along with 25 other stores open to the public.
It's designed to help more than 2,000 students bridge into adult life by giving them real-life career experiences that can also function as college credit.
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The Gentle Zoo
The Gentle Zoo is a children’s zoo that includes a petting zoo, a playground, an indoor party room, a train ride, a giant maze, and more, especially for seasonal events and children who require extra stimulatory activities!
Learn more
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Antique Row
The city’s pride and joy since 1987 has been Antique Row, a long strip of dealers along U.S. Hwy. 80. Now, a few warehouse-size shops dominate the area, including the strip’s original draw, Little Red's Antiques.
Learn more
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Spellman Museum of Forney History
Across from City Hall, where the NYE ball sits on the roof year-round, is the Spellman Museum. Built in 1895, the two-room repository explores life on the prairie, the town’s former cotton industry, the world wars, and more.
Learn more
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Five Points Distilling
On Saturdays, Five Points Distillery opens its doors, and its Texas Instruments physicist owner will serve you Lone Elm's wheat whiskey. You can take a tour or bring a group of friends to distill your own barrel and bring it home!
Learn more
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- Dallas- 20 min.
- Arlington- 35 min.
- Mabank- 25 min.
- Mesquite- 10 min.
- U.S. Highway 80
- I-20
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Forney to consider further retail development at the Villages at Gateway
Dallas Morning News
Forney City Council on Tuesday will consider site plans for more restaurants and storefronts at the Villages at Gateway, part of a 2,000-acre master-planned community
Earlier this year, the fast-growing city east of Dallas approved the first phase of plans for the retail portion of the Villages at Gateway set to bring Home Depot and Target in as anchor tenants.
A few weeks later, popular Texas-based grocer H-E-B announced it would add an outpost at the project situated along U.S. Highway 80 and south of North Gateway Boulevard.
Read more!
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School district opens new multi-purpose center to help with workforce training and learning space
NBC DFW
Class is in session and students are immediately out the door!
That’s how they do it at the OC, a complex that looks straight out of Silicon Valley but sits in the woods southeast of Dallas, in Forney ISD.
"Just the atmosphere here. Have a nice steady space to have here in Forney. It's just a nice place to have," said Joey Cortez, a patron of the new facility.
The OC stands for Opportunity Central. It is a shopping mall, arena, and high school all in one.
Read more!
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H-E-B opening new store in Forney, Texas
WFAA
North Texas is about to get yet another H-E-B store in the area, local officials announced Friday.
The city of Forney confirmed Friday that H-E-B, the renowned regional supermarket chain, has plans to build a new store within The Villages at Gateway development. This development, located just east of North Gateway Boulevard and U.S. Highway 80, is poised to offer H-E-B "an excellent location and serve as a premier retail destination for our region," Forney said in its press release Friday.
Read more!
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READY TO INVEST IN FORNEY?
CONTACT OMNIKEY REALTY'S
INVESTMENTS TEAM!
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We are a licensed, top-rated, and experienced property management firm servicing North, East, Central, and South Texas and beyond since 2006. We specialize in single, multi-family, and commercial properties. Our goal is to make the investment property ownership and rental experience a positive, stress-free, and successful one.
VISIT THEIR WEBSITE NOW!
TX #0560726 & OK #205650
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info for this email from: World Population Review, redfin.com, Rocket Homes, areavibes.com, U.S. Bureau of Labor Statistics, Point2Homes.com, rate.com, Federal Reserve Bank of St. Louis, Census Reporter, U.S. Census 2010, U.S. Census 2020, Herald-Banner, American Cottom Museum website, Trip Advisor, ratemyballpark.com, Front Porch News | |
FORNEY, TEXAS CITY SPOTLIGHT | |
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