4020 Fm 515, Emory, TX 75440
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Property image
FOR SALE
3D VIEW
7.7 ACRES

4020 Fm 515
Emory, TX 75440

  • 3 Beds
  • 2 Baths
  • 2,788 sqft (on 7.70 acres)

$1,850,000

Est. Mortgage $11,227/mo*
Get Pre-Qualified

$1,850,000

Est. Mortgage $11,227/mo*
Get Pre-Qualified
3 Beds
2 Baths
2,788 sqft
(on 7.70 acres)

Home Highlights

Parking
Garage
Outdoor
Yes
Climate Control
Heating & Cooling
Price/Sqft
$664
Listed
51 days ago

Local Information

  • Map ViewExplore the area around 4020 Fm 515.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.

Home Details for 4020 Fm 515

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Family Room, Full Bath, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2788 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Propane, None, Overhead Utilities, Septic Available, Separate Meters, Underground Utilities, Water Available, Cable AvailableAppliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Range, MicrowaveDishwasherDisposalMicrowave
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Wall Unit(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Carpet, Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Luxury Vinyl Plank
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: Fenced, Other, PerimeterVegetation: Crop(s)
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Driveway,Gravel,Other,Parking Lot,RV Access/Parking,See Remarks
Pool
Pool: None
Frontage
Road Frontage: County Road, Farm to Market Road, All Weather RoadRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Septic TankWater Body: Fork
Farm & Range
Acres Incl in Water Rights: 3
Surface & Elevation
Topography: Varied

Days on Market

Cumulative Days on Market: 37Days on Market: 51

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Farm, Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached
Building
Not Attached Property
Property Information
Usage of Home: Agricultural, Commercial, Investment, Multi-Family, Residential, See RemarksNot Included in Sale: All Inventory and Supplies. Request List from Agent.Parcel Number: R2421

Price & Status

Price
List Price: $1,850,000Price Per Sqft: $664
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: EmoryCommunity: None
School Information
Elementary School: RainsElementary School District: Rains ISDJr High / Middle School: RainsJr High / Middle School District: Rains ISDHigh School: RainsHigh School District: Rains ISD

Agent Information

Listing Agent
Listing ID: 21300824

HOA

No HOA

Lot Information

Lot Area: 7.695 Acres

Offer

Listing Terms: Cash, Conventional, 1031 Exchange

Miscellaneous

Mls Number: 21300824Living Area Range Units: Square FeetAttribution Contact: 972-772-7000
Last check for updates: about 11 hours ago
Listing courtesy of Wendy Johnson 0621035, (972) 772-7000
Keller Williams Rockwall, 972-772-7000
Source: NTREIS, MLS#21300824
Also Listed on NTREIS, REALSTACK.

Market trends in Emory

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
72
1MoM

Price History for 4020 Fm 515

DatePriceEventSource
06/12/2026$1,850,000Listed For SaleREALSTACK #21292544
12/17/2017--Sold
GTARMLS #10077511

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Property Tax and Assessment

Year2025
Tax
Assessment$697,363
Home facts updated by county records

Comparable Sales for 4020 Fm 515

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1739 Rs County Rd #3345, Emory, TX
1.17
Single-Family Home
-
12/30/25
3
2
2,508
2322 FM 2946, Emory, TX
0.79
Single-Family Home
-
11/14/25
3
2
2,080
1988 Rs County Rd #3345, Emory, TX
1.02
Single-Family Home
-
01/27/26
4
2.5
2,950
128 Rs County Rd #3390, Emory, TX
0.85
Single-Family Home
-
06/29/26
4
3
2,957
350 Rs County Rd #3367, Emory, TX
0.98
Single-Family Home
-
04/08/26
3
2
1,572
350 Rs County Rd #3360, Emory, TX
1.09
Single-Family Home
-
10/17/25
4
2
1,648
159 Rs County Rd #3365, Emory, TX
1.06
Single-Family Home
-
05/19/26
2
2
1,286
524 Private Road 5517, Alba, TX
1.51
Single-Family Home
-
08/20/25
3
2
2,402
520 Private Road 5517, Alba, TX
1.54
Single-Family Home
-
08/19/25
3
2
2,250
291 Private Road 7030, Emory, TX
1.36
Single-Family Home
-
05/11/26
2
2
1,520

Nearby homes

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Assigned Schools

These are the assigned schools for 4020 Fm 515.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Emory

At least 10 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 92 % Say car is needed

  • 91 % Say yards are well-kept

  • 80 % Say people would walk alone at night

  • 73 % Say there's wildlife

  • 67 % Say it's dog friendly

  • 64 % Say it's walkable to restaurants

  • 63 % Say kids play outside

  • 62 % Say it's quiet

  • 58 % Say they plan to stay for at least 5 years

  • 54 % Say there's holiday spirit

  • 52 % Say neighbors are friendly

  • 50 % Say it's walkable to grocery stores

  • 44 % Say there are community events

  • 17 % Say streets are well-lit

  • 10 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Jackspamela
    "Love our little Town. Great community, schools. Activities for kids. very supportive community. Great little mom and pop shops, wonderful Hardware plus store. An a feed store that's well stocked with more also."
    1
    Flag
  • James Bryan
    "I've lived here for 8 years and the people are great, like family. Lots of outdoor activities, fresh air and space to roam. Great schools!"
    0
    Flag
  • Mickey
    "My family has lived on this same small property for 75 years. We exchange hellos with folks in the stores and the post office. My cousin from Dallas laughed at me when I waved at a stray dog crossing the road ahead of us. I wave at everybody and they wave back. Yes, we have grown by several thousand homes in the past few years, but we still belong to each other and our town."
    1
    Flag

LGBTQ Local Legal Protections

Wendy Johnson, Keller Williams Rockwall, 972-772-7000
Agent Phone: (972) 772-7000
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
4020 Fm 515, Emory, TX 75440 is a 3 bedroom, 2 bathroom, 2,788 sqft single-family home built in 2018. This property is currently available for sale and was listed by NTREIS on Jun 12, 2026. The MLS # for this home is MLS# 21300824.