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  • 3 Beds
  • 2 Baths
  • 2,788 Sqft
  • 2 Garages
  • 7.7 Acres
  • 2018 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 3 Beds
  • 2 Baths
  • 2,788 Sqft
  • 2 Garages
  • 7.7 Acres
  • 2018 Year Built
  • Study
  • Game Room
  • Media
  • Pool

4020 Fm 515
Emory, Texas 75440-4612

County: Rains None

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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$1,650,000
  • Est. Payment /m
  • Reduced By$200,000
  • Cumulative Days on MarketUnlock
  • MLS® #21300824
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage2,788
  • Acres7.70
  • Year Built2018
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeFarm/Ranch
  • StyleTraditional
  • StatusActive
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Quick Valuation Analysis from 9 Active and 12 Sold Listings

Pricing Trends from 9 Active Listings in None

This Home's Price $1,650,000 This Home's Price Per SqFt $
Average Price $704,811 Average Price Per SqFt $
Highest Price $1,650,000 Highest Price Per SqFt $
Lowest Price $265,000 Lowest Price Per SqFt $

Pricing Trends from 12 Sold Listings in None

This Home's Price $1,650,000 This Home's Price Per SqFt $
Average Price $580,408 Average Price Per SqFt $
Highest Price $2,495,000 Highest Price Per SqFt $
Lowest Price $149,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address4020 Fm 515
  • SubdivisionNone
  • CityEmory
  • CountyRains
  • StateTexas
  • Zip Code75440-4612
  • HOANone
  • UtilitiesAll Weather Road, Asphalt, Co-op Electric, Co-op Water, Individual Water Meter, Outside City Limits, Overhead Utilities, Propane, Septic, Underground Utilities, No City Services
  • Taxes8311

Amenities

  • SecuritySmoke Detector(s)
  • # of Garages2
  • GaragesDriveway, Gravel, Other, Parking Lot, RV Access/Parking, See Remarks

Interior

  • Interior FeaturesBuilt-in Features, Cable TV Available, Flat Screen Wiring, Open Floorplan, Other, Vaulted Ceiling(s)
  • AppliancesFarm Equipment, Irrigation Equipment, Other
  • FloorsCarpet, Luxury Vinyl Plank

Exterior

  • FenceFenced, Perimeter, Other
  • Lot DescriptionAcreage, Agricultural, Few Trees, Irregular Lot

Construction Details / Floorplan

  • Living Areas2
  • Dining Rooms1
  • Full Baths2
  • RoofComposition
  • ConstructionSiding

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Private Listing Information (Registration Required)

Listing Details

  • AgentWendy Johnson
  • OfficeKeller Williams Rockwall

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Listing information last updated on November 10th, 2026 at 1:45am CST.