4020 FM 515, Emory, TX 75440
4020 FM 515, Emory, TX 75440
4020 FM 515, Emory, TX 75440
40
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$1,850,000
Est. payment /mo
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3 Beds
2 Baths
2,788 SqFt
New

4020 FM 515 Emory, TX 75440

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Lam Dinh

Lam Dinh

+1(214) 566-9372

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 2,788 sqft

MLS Listing ID 21300824

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 2018

Annual Tax Amount $8,311

Lot Size 7.695 Acres

Acres 7.695

Property Sub-Type Farm/Ranch

Property Description

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.

Location

State TX

County Rains

Direction GPS: 4020 FM 515, Emory, Texas - Sign: Emory Market Gardens

Rooms

Dining Room 1

Interior

Interior Features Built-in Features, Cable TV Available, Flat Screen Wiring, Open Floorplan, Other, Vaulted Ceiling(s)

Heating Central

Cooling Ceiling Fan(s), Central Air, Wall Unit(s)

Flooring Carpet, Luxury Vinyl Plank

Equipment Farm Equipment, Irrigation Equipment, Other

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Cooktop, Gas Range, Microwave

Heat Source Central

Laundry Full Size W/D Area

Exterior

Garage Spaces 2.0

Fence Fenced, Perimeter, Other

Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Individual Water Meter, Outside City Limits, Overhead Utilities, Propane, Septic, Underground Utilities, No City Services

Roof Type Composition

Street Surface Asphalt

Total Parking Spaces 2

Garage Yes

Building

Lot Description Acreage, Agricultural, Few Trees, Irregular Lot

Story Two

Level or Stories Two

Structure Type Siding

Schools

Elementary Schools Rains

High Schools Rains

School District Rains Isd

Others

Restrictions No Known Restriction(s)

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Flood Plain, Survey Available, Verify Tax Exemptions

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21300824

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Wendy Johnson • Keller Williams Rockwall
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Lam Dinh

Lam Dinh

Broker Associate | License ID: 0465896

+1(214) 566-9372

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4020 FM 515