Date
Details
Price
Change
Source
4/29/2026
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,500,000 Just Listed
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Property Description
87± acre turnkey working horse ranch with strong income and lifestyle appeal. This well-maintained property is set up for equine use and hay production, with cross-fencing, improved pasture, and a productive hay meadow. The ranch features a well-appointed 4-bedroom, 3-bath home, updated in 2013, offering comfortable living with views of the land. A large shop includes a guest house, ideal for visitors, staff, or rental income. Equestrian improvements include an outdoor arena, a 4-stall barn with tack room, equipment barn, and ample space for expansion. The land is highlighted by mature pecan trees, a pond, and both frontage and scenic views along Sister Grove Creek, with an additional creek running through the property, providing natural water sources and excellent wildlife appeal. Located directly off FM 1827 for easy access, just 15 minutes to McKinney, this property offers the perfect balance of rural functionality and proximity to town. Ideal for horse operations, recreational use, or investment with future potential. Ready for immediate use.
Full Property Details
Full Property Details for 8948 FM1827
General
- Price: $4,500,000
- Taxes: $6,948
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21241641
- Updated: 4/29/2026
- Added to Site: Today
Interior
- Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Blower Fan, Living Room, Insert
- Appliances: Built-In Refrigerator, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Range, Ice Maker, Microwave, Range, Refrigerator, Some Commercial Grade, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Washer
- Flooring: Carpet, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Gas Dryer Hookup
Additional Information
- Security/Safety: Fire Alarm, Smoke Detector(s)
- Equipment: Satellite Dish
Exterior
- Exterior Features: Fire Pit, Rain Gutters, RV Hookup
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 6
- Covered Spaces: 6
- Parking Features: Additional Parking, Door-Single, Garage, Garage Door Opener, RV Access/Parking, Garage Faces Side
Location
- County: Collin
- Subdivision: No Subdivision
- Driving Directions: Start in Melissa, head east on TX-121 Sam Rayburn Hwy Take the exit for FM 545 Melissa Rd Turn left (north) onto FM 545 Continue for about 3–4 miles Turn right onto FM 1827 Drive approximately 1–2 miles Property will be on your right at 8948 FM 1827
School Information
- Elem School District: Melissa ISD
- Midd School District: Melissa ISD
- High School District: Melissa ISD
- Elementary School: Melissa
- Middle School: East Cardinal
- High School: Melissa
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Heat Pump, Multi Units, Zoned
- Heating Type: Central, Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Heat Pump, Space Heater
Utilities
- Sewer: Septic Tank
- Water: Community/Coop, Rural
- Cable Available: Yes
- Utility Description: Electricity Connected, Propane, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Metal
- Windows: Shutters
- Stories/Levels: 1
- Living Area: 2,448 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Grazing, Horses, Hunting, Livestock, Pasture, Ranch, Recreational
- Year Built: 1997
Additional Structures
- Other Structures: Garage(s), Shed(s), Workshop, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 87.2
- Lot Size (Sq. Ft.): 3,798,432
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage
- Potential Use: Agricultural
- Trees/Vegetation: Cleared, Partially Wooded
- Fencing (Description): Barbed Wire, Pipe
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena, Barn, Hay Storage, Stock Pen(s), Stable(s), Tack Room
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,948
- Terms: Cash, See Agent
Disclosures and Reports
- Legal Description: ABS A0304 JAMES FISHER SURVEY, SHEET 4, TRACT
- Exclusions: Propane tanks, playground set, portable storage building, storm shelter, portable smoker and 5-S Ranch sign.
- Disclosures/Rstr.: Accessory Dwelling Unit, Flood Plain Disclosure
- Property ID: R630400403001
- Block: 4
Listed by Texas Ally Real Estate Group, Brittany Ballard
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 8948 FM1827 —
Brittany Ballard
Texas Ally Real Estate Group
580-740-0552
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 8948 FM1827
School District:Melissa Independent School District
| Name | Grades | Distance |
|---|---|---|
Sumeer Elementary 1904 Cooper Street, Melissa, TX 75454 | K-5 | 4.8 mi |
Melissa Middle School 3150 Cardinal Drive, Melissa, TX 75454 | 6-8 | 5.1 mi |
Melissa High School 3030 Milrany Lane, Melissa, TX 75454 | 9-12 | 3.4 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 8948 FM1827
Tax History
Tax History for 8948 FM1827
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,100
4%
$2,246,452
31%
2023
$4,899
-16%
$1,715,289
-2%
2022
$5,820
—
$1,758,267
54%
2022
$5,820
4%
$1,141,000
21%
2021
$5,581
10%
$942,000
1%
2020
$5,079
-4%
$929,925
219%
2019
$5,313
3%
$291,190
10%
2018
$5,135
9%
$265,787
9%
2017
$4,717
8%
$242,884
9%
2016
$4,358
8%
$222,380
9%
2015
$4,026
16%
$203,632
9%
2014
$3,465
2%
$186,616
2%
2013
$3,410
—
$183,223
—
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 8948 FM1827
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