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$1,450,000
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Property Description
Discover the perfect blend of serene country living and urban convenience with this expansive rural residence. Nestled on a sprawling 15+ acre rolling landscape, this unique property offers abundant space, mature trees and incredible opportunities for development and customization. Built in 1999, the main home features 4 bedrooms and 2 baths, providing a comfortable sanctuary with efficient amenities like a gray water system, propane heating and central air conditioning. The home is a canvas ready for your vision, with some rooms already prepped for remodeling, allowing you to easily add your own special touches. The true value of this property lies in its exceptional ancillary features: a partially completed Barndominium, two additional buildings and development opportunities. The Barndominium is a 2 bedroom, 3 bath structure awaiting your finishing touches. It boasts completed electrical work and pre-prepped plumbing. An ideal project for a guest house or rental income. The additional structures offer fantastic potential to be converted into charming tiny homes; perfect for an AirB&B venture or multi-generational living. With 15+ acres, the development opportunities include the potential for three separate property entrances and ample cleared space. Plenty of room for future expansion and development. Enjoy the privacy and peace of rural acreage without sacrificing accessibility. You are less than 10 minutes from Melissa with quick access to highly-rated schools, diverse restaurants, shopping centers, the TOCA Soccer Center and the WES Arena. This property provides the rare opportunity to live rurally while staying close to city conveniences. Non-realty Items are negotiable, making this a flexible purchase for the savvy buyer ready to invest in a lifestyle of space, potential and convenience. Schedule a showing today and unlock the possibilities of this exceptional estate!
Full Property Details
Full Property Details for 8505 Co Rd 500
General
- Price: $1,450,000
- Taxes: $15,323
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21145143
- Updated: 1/7/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: High Speed Internet, Cable TV, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Blower Fan, Living Room, Masonry, Wood Burning
- Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Microwave
- Flooring: Carpet, Ceramic Tile, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Dog Run, Other, Rain Gutters, Storage
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Attached Carport, Door-Single, Driveway, Garage, Gravel, Garage Faces Side
Location
- County: Collin
- Subdivision: James Fisher Survey
- Driving Directions: Take US-75 N-Hwy 121 N from N Central Expy N. Follow US-75 N-Hwy 121 N and State Hwy 121 N-TX-121 N to W FM 545-E Melissa Rd in Melissa. Follow W FM 545 to County Road 500. Property is GPS friendly.
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), Gas
- Heating Type: Central, Electric, Fireplace(s), Propane
Utilities
- Sewer: Aerobic Septic, Public Sewer
- Cable Available: Yes
- Utility Description: Electricity Connected, Sewer Available, Septic Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Bay Window(s)
- Stories/Levels: 1
- Living Area: 4,139 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1999
Lot Features
- Lot Size (Acres): 15.03
- Lot Size (Sq. Ft.): 654,706.8
- Lot Features: Acreage
- Fencing (Description): Barbed Wire, Chain Link, Gate, Metal, Pipe, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $15,323
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: ABS A0304 JAMES FISHER SURVEY, SHEET 5, TRACT
- Exclusions: See Non-Realty Items Exclusion List in documents.
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R630400507601
- Block: 5
Listed by Monument Realty, Makema Epting
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Schools
Schools serving 8505 Co Rd 500
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 | 3.9 mi |
Blue Ridge High School 11020 Cr 504, Blue Ridge, TX 75424 | 9-12 | 3.9 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 8505 Co Rd 500
Date
Details
Price
Change
Source
1/07/2026
Listed
$1,450,000
—
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 8505 Co Rd 500
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,234
-2%
$1,038,322
13%
2023
$12,494
241%
$921,872
-2%
2022
$3,667
—
$938,349
25%
2022
$3,667
9%
$749,001
71%
2021
$3,359
—
$436,987
3%
2020
$3,375
-49%
$423,322
17%
2019
$6,610
9%
$362,280
10%
2018
$6,057
9%
$330,352
10%
2017
$5,534
9%
$300,164
10%
2016
$5,067
9%
$272,237
10%
2015
$4,656
-13%
$247,866
-11%
2014
$5,361
-2%
$280,002
-1%
2013
$5,460
—
$281,749
—
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 8505 Co Rd 500
Want to learn more about 8505 County Road 500? Do you have questions about finding other Farm 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.

