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$5,277,359 Just Listed
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Property Description
EXCEPTIONAL 221-ACRE LEGACY RANCH IN THE TALTY AREA near Dallas in Forney ISD. Ideally located just 2 miles from I-20, 11 miles from Dallas, this expansive ranch offers a rare combination of convenient access, productive land, recreational amenities, and significant future development potential. Situated along a state-maintained FM road, the property provides excellent accessibility while maintaining the privacy and character of a legacy ranch. The property is predominantly level with no floodplain, offering a variety of potential uses. A 12-acre lake serves as the centerpiece of the property, complemented by four additional ponds that enhance the ranch's recreational appeal, wildlife habitat, and potential agricultural uses. Located in one of the fastest-growing counties in Texas and just minutes from the Dallas area, this property presents an exceptional opportunity for ranch ownership, investment, or future development. With its substantial acreage, excellent location, water features, and convenient access to I-20, the property offers potential for single-family residential development or light industrial uses, subject to applicable zoning and approvals. A rare opportunity to acquire a substantial tract of land in a rapidly growing area with the size, location, and infrastructure to support a variety of long-term possibilities.
Full Property Details
Full Property Details for 5030 N Fm 148
General
- Price: $5,277,359
- Taxes: $624
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21352269
- Updated: Today (8/7/2026)
- Added to Site: Today
Location
- County: Kaufman
- Subdivision: Friend Mcmahan Surv Abs #313
- Driving Directions: From Dallas take I-20 to Exit 493 exit FM 1641 R (S) for approximately 1 mile to FM 148 Right for approx. 2 mi to County Road 262 Left got to second sign on gate, on left. SOP.
School Information
- Elem School District: Forney ISD
- Midd School District: Forney ISD
- High School District: Forney ISD
- Elementary School: Blackburn, Forney
- Middle School: Brown, Jones
- High School: Forney
Utilities
- Sewer: Septic Tank
- Water: Community/Coop, Rural
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Cattle, Grazing, Hunting, Ranch, Recreational
Lot Features
- Lot Size (Acres): 218.357
- Lot Size (Sq. Ft.): 9,511,630.92
- Frontage: County Road, Farm to Market Road, Asphalt
- Lot Features: Acreage, Cleared, Pasture, Pond on Lot, Few Trees
- Potential Use: Agricultural, Cattle, Commercial, Development, Grazing, Horses, Hunting, Livestock, Pasture, Ranch, Residential, Recreational
- Land Lease Avail: Yes
- Zoning: AG
- Fencing (Description): Barbed Wire
Financial Considerations
- Tax Amount: $624
- Terms: Cash, Conventional, Federal Land Bank
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: FRIEND MC MAHAN, TRACT 330.00; 218.357 ACRES
- Property ID: 9816
Listed by RE/MAX Landmark, Frank Roberts
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Schools
Schools serving 5030 N Fm 148
School District:Forney Independent School District
| Name | Grades | Distance |
|---|---|---|
Willett Elementary School 1896 Gateway Boulevard, Forney, TX 75126 | K-4 | 4.2 mi |
Forney High School 1800 Fm 741 S, Forney, TX 75126 | 9-12 | 5.4 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 5030 N Fm 148
Date
Details
Price
Change
Source
8/07/2026
Listed
$5,277,359
—
MLS
Disclaimer: Historical sales 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 5030 N Fm 148
5030 N Fm 148, Crandall, TX 75114 (MLS# 21352269) is a Lots/Land property with a lot size of 218.357 acres. 5030 N Fm 148 is currently listed for $5,277,359 and was received on August 07, 2026. Want to learn more about 5030 N Fm 148? Do you have questions about finding other Lots/Land real estate for sale in Crandall? You can browse all Crandall real estate or contact a Coldwell Banker agent to request more information.

