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Listing provided courtesy of Keller Williams Rockwall- MLS# 21300824MLS ProviderContact Information: Wendy Johnson - 972-772-7000

4020 FM 515Emory, TX 75440

Farm/Ranch · 3 Beds · 2 Full Baths · 2,788 Sq. ft. | 7.70 Acres
$1,850,000 Active

4020 FM 515 Overview

Visits:
1

Turnkey farm and homestead with all the hard work already done. Emory Market Gardens is a fully built-out specialty agricultural operation in Emory, Rains County — structured around premium gourmet mushroom cultivation, seasonal produce, Harvest Box subscriptions, grow kits, and workshops. The infrastructure is in place and the business is early-stage, making this the right moment for a motivated owner-operator, agri-business investor, or DFW lifestyle buyer to step in and scale. Two Homes – 2,788 SF of Combined Living Space including a 1,688 SF Main Residence (2018) and a 1,100 SF 2nd Home (2021) — both residences included in the total — provide comfortable accommodations for owner-operators or multi-generational living. Ag Infrastructure. 2,400 SF Mushroom Building (2018), 3,800 SF AG Produce Building under cover (2025), 3-Caterpillar Tunnels, 3-Covered Greenhouses, and 3 Acres of irrigated row crops. The Land. 7.695 surveyed acres, fully perimeter-fenced, dual road frontage on FM 515 and CR 3332, ag tax valuation in place, no floodplain per FEMA, and hemp cultivation potential under Texas TDA. Financials available under NDA. Brochure and Video available.

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4020 FM 515 Facts & Features

  • Type Farm/Ranch
  • Sq. ft. 2,788
  • Price/Sq.ft. $664
  • Lot 7.70 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Rains ISD
  • Elementary School: Rains
  • Middle Or Junior School: Rains
  • High School: Rains

Green Features

  • Green Water Conservation: Gray Water System
  • Green Sustainability: Productive Veggie Garden

Building Information

  • Year Built: 2018
  • Year Built Details: Preowned

Business Information

  • Current Use: Agricultural,Investment,Retail,See Remarks

Location/Region

  • Country: US
  • County Or Parish: Rains
  • Postal City: EMORY
  • Subdivision Name: None

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 8311.0

General Information

  • Disclosures: Accessory Dwelling Unit,Flood Plain Disclosure
  • Exclusions: All Inventory and Supplies. Request List from Agent.
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R2421
  • Possible Use: Agricultural,Commercial,Investment,Multi-Family,Residential,See Remarks
  • Property Sub Type: Farm
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Gas Cooktop,Disposal,Gas Range,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Luxury Vinyl Plank
  • Interior Features: Built-in Features,Open Floorplan,Other,Cable TV,Vaulted Ceiling(s),Wired for Sound
  • Levels: Two
  • Living Area: 2788.0
  • Other Equipment: Farm Equipment,Irrigation Equipment,Other
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Driveway,Gravel,Other,Parking Lot,RV Access/Parking,See Remarks

Lot Information

  • Irrigation Water Rights Acres: 3.0
  • Lot Features: Acreage,Agricultural,Garden,Irregular Lot,Few Trees
  • Lot Size Acres: 7.695
  • Lot Size Area: 7.695
  • Lot Size Source: See Remarks
  • Lot Size Square Feet: 335194.2
  • Lot Size Units: Acres
  • Number Of Separate Water Meters: 3
  • Road Surface Type: Asphalt
  • Topography: Varied
  • Vegetation: Crop(s)
  • Water Source: Community/Coop

Waterfront/View

  • Water Body Name: Fork
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional,Detached
  • Attached Garage: No
  • Patio And Porch Features: Covered
  • Property Attached: No
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2.0
  • Fencing: Fenced,Other,Perimeter
  • Pool Features: None
  • Road Frontage Type: County Road,Farm to Market Road,All Weather Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Propane,None,Overhead Utilities,Septic Available,Separate Meters,Underground Utilities,Water Available,Cable Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0

Room: Bedroom

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0

Room: Family Room

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0

Room: Full Bath

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0

Room: Laundry

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0

Room: Full Bath

  • Level: Second
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Built-in Features

Room: Kitchen

  • Level: Second
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Breakfast Bar,Built-in Features,Eat-in Kitchen,Pantry

Room: Living Room

  • Level: Second
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s)

Room: Primary Bedroom

  • Level: Second
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s)

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4020 FM 515 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4020 FM 515 Market Data

Based on the last 30 days in this zip code

$608,636
Average List Price
$266
Average Price per Square Foot
10
Properties Sold
175
Average Days on Market
91
Properties for Sale
Calculations provided by Reliance Network


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