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Single Family ResidenceResidential
$540,545$115 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

501 WALNUT ST

FORRESTON, TX 76041
4
Beds
4
Baths
4,719 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
4.98 ac
Lot SizeThe size of the land the home sits on, from county records.
2023
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$541K
$509K low$572K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$13,318 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$977,479 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$280,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$697,479
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$987,167
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$977,479

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.13 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyELLIS
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Oliver E. Clift Elementary SchoolD
Elementary · Grades KG–5 · 9.0 mi
M
Robbie E Howard Junior High SchoolC+
Middle · Grades 6–8 · 10.7 mi
H
Waxahachie High SchoolC+
High · Grades 9–12 · 12.0 mi

District: Waxahachie Independent School District

Neighborhood · ZIP 76041These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.121
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.23

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.688
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.53 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,577
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$97,640
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

501 Walnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Forreston 76041
  • Costs less per square foot than 98% of homes in Ellis County
  • Among the largest homes in Forreston 76041
  • Has a bigger lot than 96% of homes in Ellis County
  • Among the newest homes in Forreston 76041

What homes are worth in Forreston 76041

Each bar is how many homes fall in that price range. The marker is this home.

This home
$126K$516K

This home is worth more than almost all homes in Forreston 76041.

How it measures up in Forreston 76041

The dot is this home. The mark in the middle is the typical home in Forreston 76041.

Estimated value$540,545
CheaperTypical $242,796Pricier

Pricier than almost all homes nearby

Price per ft²$115
CheaperTypical $160Pricier

Pricier than 12% of homes nearby

Living area4,719 ft²
SmallerTypical 1,520 ft²Bigger

Bigger than almost all homes nearby

Lot size4.98 ac
SmallerTypical 0.32 acBigger

Bigger than 87% of homes nearby

Year built2023
OlderTypical 1972Newer

Newer than almost all homes nearby

How 501 Walnut St ranks against every home in each area.
MeasureThis homeForreston 76041Ellis County
Estimated valuepricier than$540,545almost all homes84% of homes
Price per ft²pricier than$11512% of homes2% of homes
Living areabigger than4,719 ft²almost all homesalmost all homes
Lot sizebigger than4.98 ac87% of homes96% of homes
Year builtnewer than2023almost all homes92% of homes

About 501 Walnut St

How much is 501 Walnut St, Forreston, TX worth?

The TopHap Estimate for 501 Walnut St, Forreston, TX is $540,545 as of Sep 24, 2026. The likely range is $508,976 to $572,114. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 501 Walnut St, Forreston, TX last sell?

501 Walnut St, Forreston, TX last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 501 Walnut St, Forreston, TX?

501 Walnut St, Forreston, TX has 4 bedrooms, 4 bathrooms and 4,719 square feet of living space.

When was 501 Walnut St, Forreston, TX built?

501 Walnut St, Forreston, TX was built in 2023, making it 3 years old. The building has 1 story.

What schools serve 501 Walnut St, Forreston, TX?

501 Walnut St, Forreston, TX is assigned to Oliver E. Clift Elementary School (elementary), rated D; Robbie E Howard Junior High School (middle), rated C+; Waxahachie High School (high), rated C+. All sit in Waxahachie Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 501 Walnut St, Forreston, TX compare to other homes in Forreston 76041?

Among the 158 homes in Forreston 76041, it is worth more than almost all of them ($540,545 against a typical $242,796), its price per square foot is higher than 12% of them ($115 against a typical $160), it is bigger than almost all of them (4,719 ft² against a typical 1,520 ft²), its lot is bigger than 87% of them (4.98 ac against a typical 0.32 ac) and it is newer than almost all of them (2023 against a typical 1972). Measured against all of Ellis County, it is worth more than 84% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 501 Walnut St, Forreston, TX?

The 2025 property tax bill for 501 Walnut St, Forreston, TX was $13,318. The county assessed it at $977,479.

More homes on Walnut St

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