HomesEmory › 4020 FM 515
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$1,650,000

4020 FM 515

Emory, TX 75440 · None · Rains County
ActiveMLS #21300824 · Farm
3Beds
2Baths
2,788Sq Ft
7.695Acres
2018Built
Bestimate
$610,000 – $1,005,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 18 comparable homes currently listed in ZIP 75440 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

Dual Residence - 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) (Income Producing) — 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.

Courtesy of Keller Williams Rockwall — listing agent Wendy Johnson
Contact the listing firm: 972-772-7000 · klrw552@kw.com

Home facts

Overview

Price
$1,650,000
Price per sq ft
$592
Status
Active
Property type
Farm
Year built
2018
Condition
Resale
Style
Traditional, Detached
Stories
2
Levels
Two
Days on market
91
Price last changed
Sep 11, 2026

Bedrooms & bathrooms

Bedrooms
3
Full bathrooms
2
Living area
2,788 sq ft

Interior

Features
Built In Features, Open Floorplan, Cable Tv, Vaulted Ceilings, Wired For Sound
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Range, Microwave
Flooring
Carpet, Luxury Vinyl Plank
Heating
Central
Cooling
Central Air, Ceiling Fans, Wall Units
Windows
Window Coverings
Security
Smoke Detectors

Exterior & lot

Lot size
7.695 acres · 335,194.2 sq ft
Lot
Acreage, Agricultural, Garden, Irregular Lot, Few Trees
Patio & porch
Covered
Fencing
Fenced, Perimeter
Roof
Composition

Parking

Garage spaces
2
Parking
Driveway, Gravel, Parking Lot, Rv Access Parking, See Remarks

HOA & taxes

HOA
No
Annual property tax (per MLS)
$8,311

Utilities & efficiency

Utilities
Electricity Available, Propane, Overhead Utilities, Septic Available, Separate Meters, Underground Utilities, Water Available, Cable Available
Water
Community Coop
Sewer
Septic Tank

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

None subdivision · Emory, TX 75440 · Rains County

Finding parks, dining, and shopping nearby…

Listing updated Sep 11, 2026, 9:09 PM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 6:13 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 6:13 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.