Date
Details
Price
Change
Source
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.
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Property Description
Situated on just under 12 scenic acres with AG Exemption in a fast-growing area, this one-story property offers the rare combination of lifestyle appeal and strategic investment potential. A circular drive and welcoming front porch create immediate curb appeal, while inside you'll find 3 bedrooms and 2 full baths arranged in a spacious open floor plan all accessible with 36-inch-wide door frames and low threshold entry to home. Rich hand-scraped hardwood flooring anchors the main living areas, and newly replaced windows frame sweeping views of the private surroundings. An oversized covered patio is ideal for entertaining or simply enjoying the peaceful acreage. The property truly shines from an investor and versatility standpoint. A substantial 1500 square foot workshop with 2-inch spray foam insulation, loft storage and full bath offers strong potential for conversion to an apartment-style living space or guest quarters. This creates a clear opportunity for value-add expansion or supplemental income. Horses and livestock allowed, making this an excellent option for equestrian use, hobby farming in an area experiencing steady growth. With 12 usable acres, there is room for barns, additional structures, or future improvements or multi-generational living. Located in a rapidly developing corridor with compelling long-term appreciation potential, this property presents an opportunity to enjoy today while positioning for tomorrow's growth. Whether you're seeking a primary residence with upside, an income-producing asset, or a strategic acreage hold, this property checks all the boxes.
Full Property Details
Full Property Details for 7844 Co Rd 502
General
- Price: $850,000
- Taxes: $3,895
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21180300
- Updated: 2/14/2026
- Added to Site: 5 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 Fathom Realty, Melissa Eason
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Listing agent
— 7844 Co Rd 502 —
Melissa Eason
Fathom Realty
888-455-6040
NMLS#: 1598647Get Pre-Approved Today
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7844 Co Rd 502
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
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- Single Family
- Active
- Updated 12 days ago
- 4Beds
- 4Total Baths
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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 $850,000 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.