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$425,000
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Property Description
KICK-START 2026 BY MAKING YOUR DREAMS A REALITY! Owning land brings numerous advantages such as greater privacy, tranquility, and a strengthened bond with nature while providing ample room for hobbies, homesteading (like gardening and raising livestock), and outdoor adventures. Additionally, it offers financial benefits, including the chance for income generation, minimal holding expenses (like taxes and insurance), and land value appreciation, along with more liberty for construction and development beyond urban regulations. Hunt County and nearby Commerce present a charming small-town, family-focused vibe enriched by its identity as a college town (Texas A&M-Commerce), which offers cultural amenities, a business-friendly atmosphere with available land, affordable living conditions, and access to outdoor activities, all in close proximity to Dallas with minimal traffic. Notable advantages include a diverse, friendly community, local gatherings, peaceful living, and economic opportunities spurred by the university and emerging businesses. This 43-acre former homesite have the water meter and aerobic system onsite. System may require inspection by county officials to be reconnected and used. Several agricultural valuation possibilities for hay, cattle, equine, sheep, goats, alpaca, llama, and more. Be sure to consult with the Hunt County Appraisal District for Qualifying Agricultural Guidelines. Cattle surround this property on both sides and across FM512. It's fenced and cross-fenced for your enjoyment and use. Whether you're searching for an investment property to hold onto or a spot to settle down and create your dream home or establish your own small ranch, you can't go wrong with this opportunity!
Full Property Details
Full Property Details for 4701 FM512
General
- Price: $425,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21144709
- Updated: 2/6/2026
- Added to Site: 80 day(s) ago
Location
- County: Hunt
- Subdivision: A0342&A0828 PETERS L
- Driving Directions: From 380 to Lee St in Greenville From Lee to Wright to Washington & then to Johnston That will continue to Commerce St. - TX224E for 8.9 Miles Turn onto CR4405 to CR4406 to stay on CR4405 for .6 Miles. Turn on FM2874 for 1 Mile. Turn onto FM512 & the destination will be 1.5 miles down on the Right
School Information
- Elem School District: Commerce ISD
- Midd School District: Commerce ISD
- High School District: Commerce ISD
- Elementary School: Commerce
- Middle School: Commerce
- High School: Commerce
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 43.6
- Lot Size (Sq. Ft.): 1,899,216
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, Asphalt, Gravel
- Topography: Varied
- Lot Features: Acreage, Back Yard, Interior Lot, Lawn, Few Trees
- Potential Use: Agricultural, Cattle, Grazing, Horses, Investment, Livestock, Manufactured Home, Mobile Home, Pasture, Ranch, Residential
- Trees/Vegetation: Grassed
- Zoning: unincorporated
- Fencing (Description): Cross Fenced, Wire
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange, VA Loan
Disclosures and Reports
- Legal Description: A0828 PETERS L, TRACT 4-6, ACRES 43.6, (ALSO I
- Exclusions: Mobile Home on property is being removed as it belonged to another individual.
- Property ID: 112209
- Lot Number: TR4-6
Listed by Diversified Realty Consultants, Keri Askew
Get Pre-Approved Today
Schools
Schools serving 4701 FM512
School District:Commerce Independent School District
| Name | Grades | Distance |
|---|---|---|
Commerce Elementary School 2900 Fm 3218, Commerce, TX 75428 | PK-2 | 5.8 mi |
Albert C Williams Elementary School 615 Culver Street, Commerce, TX 75428 | 3-5 | 5.8 mi |
Commerce Middle School 606 Culver Street, Commerce, TX 75428 | 6-10 | 5.7 mi |
Commerce High School 3800 Sregit Drive, Commerce, TX 75428 | 9-12 | 3.5 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 4701 FM512
Date
Details
Price
Change
Source
2/06/2026
Price Reduced
$425,000
-5.56%
MLS
1/05/2026
Listed
$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 4701 FM512
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,272
6%
$61,040
-15%
2023
$1,205
—
$71,490
6%
2023
$1,205
—
$67,280
12%
2022
$1,206
59%
$59,900
56%
2021
$757
-23%
$38,370
-19%
2020
$978
-21%
$47,240
-12%
2018
$1,232
86%
$53,860
88%
2017
$664
-6%
$28,700
-7%
2016
$706
-9%
$30,700
-6%
2015
$779
-28%
$32,700
-34%
2019
$1,088
31%
$49,870
44%
2014
$832
-3%
$34,700
-5%
2013
$862
—
$36,700
—
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 4701 FM512
4701 Fm 512, Commerce, TX 75428 (MLS# 21144709) is a Lots/Land property with a lot size of 43.6 acres. 4701 Fm 512 is currently listed for $425,000 and was received on January 05, 2026. Want to learn more about 4701 Fm 512? Do you have questions about finding other Lots/Land real estate for sale in Commerce? You can browse all Commerce real estate or contact a Coldwell Banker agent to request more information.

