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Property Description
PRICE IMPROVED! Discover approximately 20 AG-exempt acres in Collinsville, Texas, offering the perfect blend of privacy, functionality, and future potential. Located on paved FM 902 in desirable Cooke County with convenient access to I-35, Gainesville, Sherman, Denton, Fort Worth, and Southern Oklahoma, this exceptional farm and ranch property is ready for your vision. Whether you're planning to build a custom home, create an equestrian facility, establish a working ranch, or enjoy the homestead lifestyle, much of the groundwork has already been completed. Existing homesite and shop pads are in place with water, septic, and electrical service including a 100-amp panel already installed. Designed for horses and livestock, the property features sandy loam soil, full perimeter and cross fencing, multiple livestock pens, water to every pasture, and an efficient alleyway system. A 150' x 20' covered barn offers six stalls, feed storage, equipment parking, and additional workspace, with plenty of room to add a riding arena or additional improvements. A solar-powered gated entrance and mature tree-lined boundaries create exceptional privacy, while an approximately 800-square-foot farmhouse offers 2 bedrooms, 1 bathroom, a full kitchen, laundry area, and energy-efficient mini-split HVAC. Ideal as a primary residence, guest house, weekend retreat, rental, or temporary home while building. Relax under the covered patio featuring an outdoor kitchen and firepit overlooking wide-open pastures and a picturesque approximately 20-foot-deep pond that provides beauty and a valuable water source for livestock and wildlife. With AG exemption, build-ready improvements, equestrian amenities, and a recent price improvement, this versatile North Texas property is an outstanding opportunity for ranching, recreation, investment, or creating the country lifestyle you've always dreamed of.
Full Property Details
Full Property Details for 10642 FM 902
General
- Price: $1,000,000
- Taxes: $1,705
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21231611
- Updated: 8/5/2026
- Added to Site: 140 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
- Appliances: Dishwasher, Electric Oven, Electric Range
- Flooring: Linoleum, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: Security Gate
Exterior
- Exterior Features: Built-in Barbecue, Barbecue
- Porch/Patio/Deck: Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking
Location
- County: Cooke
- Subdivision: Dove Jc
- Driving Directions: USE GPS- Entrance on 902
School Information
- Elem School District: Callisburg ISD
- Midd School District: Callisburg ISD
- High School District: Callisburg ISD
- Elementary School: Callisburg
- Middle School: Callisburg
- High School: Callisburg
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Available, Electricity Connected, Sewer Available, Septic Available, Water Available
- # Water Meters: 2
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Board & Batten Siding
- Roof: Asphalt
- Stories/Levels: 1
- Living Area: 772 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle
- Year Built: 1950
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 19.421
- Lot Size (Sq. Ft.): 845,978.76
- Lot Size Source: Appraiser
- Frontage: All Weather Road, Gravel
- Lot Features: Acreage
- Trees/Vegetation: Cleared
- Fencing (Description): Barbed Wire, Cross Fenced, Fenced, Full, Gate, Wire
Horse Property
- Horse Facility Desc.: Arena, Barn, Hay Storage, Stock Pen(s)
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $1,705
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: DOVE JC 0310 ACRES 19.421
- Exclusions: Personal Belongings- round pen, working pens & chutes on north side of barn, all farm equipment and animals
- Property ID: 128238
Listed by Texas Homes and Land Real Estate, LLC, Jessica Self
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Schools
Schools serving 10642 FM 902
School District:Callisburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Callisburg Elementary School 648 Fm 3164, Gainesville, TX 76240 | PK-5 | 5 mi |
Callisburg Middle School 308 Dozier Street, Callisburg, TX 76240 | 6-8 | 11.1 mi |
Callisburg High School 308 Dozier Street, Callisburg, TX 76240 | 9-12 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10642 FM 902
Date
Details
Price
Change
Source
8/05/2026
Price Reduced
$1,000,000
-9.09%
MLS
7/26/2026
Price Reduced
$1,100,000
-8.33%
MLS
5/14/2026
Price Reduced
$1,200,000
-4%
MLS
4/10/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10642 FM 902
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,705
-67%
$123,123
-70%
2024
$5,198
13%
$411,512
21%
2022
$4,601
—
$338,772
9%
2022
$4,601
54%
$310,155
71%
2021
$2,984
-1%
$181,312
3%
2020
$3,008
-2%
$176,580
12%
2019
$3,075
5%
$157,785
5%
2018
$2,915
12%
$149,601
13%
2017
$2,603
37%
$132,881
38%
2016
$1,900
14%
$96,100
14%
2015
$1,664
6833%
$84,100
6491%
2013
$24
—
$1,276
—
2012
$24
—
$1,276
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10642 FM 902
10642 Fm 902, Collinsville, TX 76233 (MLS# 21231611) is a Single Family property with 2 bedrooms and 1 full bathroom. 10642 Fm 902 is currently listed for $1,000,000 and was received on April 10, 2026. Want to learn more about 10642 Fm 902? Do you have questions about finding other Single Family real estate for sale in Collinsville? You can browse all Collinsville real estate or contact a Coldwell Banker agent to request more information.
