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$425,000
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Property Description
Discover the perfect blend of country living, investment potential, & agricultural opportunity on this beautiful 43-acre property in Hunt County, just outside Commerce. Offering peaceful rural surroundings this versatile tract is ideal for a future homesite, small ranch, recreational retreat, or long-term land investment. Property features an existing water meter and aerobic septic system from a former homesite (buyer to verify condition and any county requirements for reconnection), providing a valuable head start for future development. Fenced & cross-fenced, the land is well-suited for livestock, hay production, horses, and a variety of agricultural uses. Potential agricultural valuation opportunities may include cattle, equine, sheep, goats, alpacas, llamas, hay production, and more; buyers are encouraged to consult the Hunt County Appraisal District regarding qualification requirements. Surrounded by open pastureland with cattle grazing on neighboring properties and across FM 512, the setting offers privacy, scenic views, and plenty of room to enjoy the outdoors. Whether your goals include building a custom home, gardening, raising livestock, creating a family retreat, or simply owning a piece of Texas countryside, this property provides the freedom and flexibility to bring your vision to life. Located near Commerce, home to Texas A&M University-Commerce, residents enjoy the benefits of a welcoming small-town atmosphere, local events, cultural amenities, and a growing economy while maintaining a relaxed pace of life. With affordable living, expanding opportunities, and easy access to larger metropolitan areas, this property presents an exceptional opportunity to establish your homestead, operate a small agricultural venture, or secure a valuable land asset for the future. Don't miss your chance to own a versatile acreage tract with existing improvements, agricultural potential, and endless possibilities in one of Northeast Texas' most desirable rural settings.
Full Property Details
Full Property Details for 4701 FM512
General
- Price: $425,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21144709
- Updated: 6/10/2026
- Added to Site: 157 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
- 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.

