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$800,000
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Property Description
SELLER WILL CONSIDER SUB-DIVIDING THE PROPERTY. MULTIPLE HOMES CAN BE BUILT ON THE PROPERTY. Enjoy breathtaking views and wide-open spaces on this rare 11.97-acre ag-exempt property, offering endless possibilities. With ample room to divide, build a second home, create an Airbnb, host RVs, start a small business, raise your own beef, or bring your horses, the potential here is exceptional. The ranch-style home features stunning hand-scraped wood floors, new windows, stainless steel appliances, and a spacious laundry room that doubles as a home office. All bedrooms include walk-in closets, providing generous storage throughout. Relax and unwind on the front or back porch and enjoy the peace and quiet of country living. A 30x15x14 workshop with a bathroom includes a loft ideal for storage or future apartment build-out. The property offers a total of six garage spaces, perfect for vehicles, equipment, or hobbies. Additional highlights include handicap-accessible features and abundant storage both in the home and the workshop. Conveniently located just 10 minutes from Melissa and 20 minutes from McKinney, this property delivers the perfect blend of privacy, versatility, and accessibility.
Full Property Details
Full Property Details for 7844 Co Rd 502
General
- Price: $800,000
- Taxes: $3,895
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21180300
- Updated: 4/8/2026
- Added to Site: 54 day(s) ago
Interior
- Interior Features: Built-in Features, Open Floorplan, Pantry, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Cooktop, Electric Oven
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Circular Driveway, Door-Multi, Driveway, Garage, Garage Door Opener, Gravel, Kitchen Level, Other, Garage Faces Side
Location
- County: Collin
- Subdivision: none
- Driving Directions: From 75 take Exit 121 towards Bonham. Right onto FM 545. Right onto Old Valdasta Road. Rt. onto CR 500. Left onto CR 502. Entry gate is on the right. Follow drive to home.
School Information
- Elem School District: Blue Ridge ISD
- Midd School District: Blue Ridge ISD
- High School District: Blue Ridge ISD
- Elementary School: Blueridge
- Middle School: Blueridge
- High School: Blueridge
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Asphalt
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,792 Sq. Ft.
- Year Built: 1997
Additional Structures
- Other Structures: Second Garage, Storage, Workshop
Lot Features
- Lot Size (Acres): 11.952
- Lot Size (Sq. Ft.): 520,629.12
- Lot Features: Acreage, Back Yard, Lawn, Landscaped, Pasture, Many Trees
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,895
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ABS A0474 JAMES JACKSON SURVEY, SHEET 1, TRAC
- Exclusions: Porch Swing, Shed and Chicken Coop, Shelving in Shop, Hot Tub
- Property ID: R647400112201
- Block: 1
Listed by VIP Realty, Melissa Eason
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Schools
Schools serving 7844 Co Rd 502
School District:Blue Ridge Independent School District
| Name | Grades | Distance |
|---|---|---|
Blue Ridge Elementary School 10944 Cr 504, Blue Ridge, TX 75424 | PK-5 | 3.8 mi |
Blue Ridge Middle School 425 North Church Street, Blue Ridge, TX 75424 | 6-8 | 3.7 mi |
Blue Ridge High School 11020 Cr 504, Blue Ridge, TX 75424 | 9-12 | 3.8 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 7844 Co Rd 502
Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$800,000
-4.75%
MLS
3/04/2026
Price Reduced
$839,900
-1.19%
MLS
2/14/2026
Listed
$850,000
—
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 7844 Co Rd 502
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,243
17%
$680,842
2%
2023
$1,919
-30%
$665,670
-3%
2022
$2,724
—
$684,829
13%
2022
$2,724
1%
$603,856
74%
2021
$2,695
7%
$347,439
1%
2020
$2,512
-8%
$343,332
130%
2019
$2,725
9%
$149,365
10%
2018
$2,492
9%
$135,905
10%
2017
$2,280
9%
$123,673
10%
2016
$2,095
9%
$112,546
10%
2015
$1,923
-4%
$102,389
-2%
2014
$2,001
6%
$104,503
7%
2013
$1,896
—
$97,863
—
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 7844 Co Rd 502
7844 County Road 502, Blue Ridge, TX 75424 (MLS# 21180300) is a Single Family property with 3 bedrooms and 3 full bathrooms. 7844 County Road 502 is currently listed for $800,000 and was received on February 14, 2026. Want to learn more about 7844 County Road 502? Do you have questions about finding other Single Family real estate for sale in Blue Ridge? You can browse all Blue Ridge real estate or contact a Coldwell Banker agent to request more information.

