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$1,850,000 Just Listed
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Property Description
Turnkey farm and homestead with all the hard work already done. Emory Market Gardens is a fully built-out specialty agricultural operation in Emory, Rains County - structured around premium gourmet mushroom cultivation, seasonal produce, Harvest Box subscriptions, grow kits, and workshops. The infrastructure is in place and the business is early-stage, making this the right moment for a motivated owner-operator, agri-business investor, or DFW lifestyle buyer to step in and scale. Two Homes - 2,788 SF of Combined Living Space including a 1,688 SF Main Residence (2018) and a 1,100 SF 2nd Home (2021) - both residences included in the total - provide comfortable accommodations for owner-operators or multi-generational living. Ag Infrastructure. 2,400 SF Mushroom Building (2018), 3,800 SF AG Produce Building under cover (2025), 3-Caterpillar Tunnels, 3-Covered Greenhouses, and 3 Acres of irrigated row crops. The Land. 7.695 surveyed acres, fully perimeter-fenced, dual road frontage on FM 515 and CR 3332, ag tax valuation in place, no floodplain per FEMA, and hemp cultivation potential under Texas TDA. Financials available under NDA. Brochure and Video available.
Full Property Details
Full Property Details for 4020 FM 515
General
- Price: $1,850,000
- Taxes: $8,311
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21300824
- Updated: 6/13/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Built-in Features, Open Floorplan, Other, Cable TV, Vaulted Ceiling(s), Wired for Sound
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Range, Microwave
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: Farm Equipment, Irrigation Equipment, Other
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Gravel, Other, Parking Lot, RV Access/Parking, See Remarks
Location
- County: Rains
- Subdivision: None
- Driving Directions: GPS: 4020 FM 515, Emory, Texas - Sign: Emory Market Gardens
School Information
- Elem School District: Rains ISD
- Midd School District: Rains ISD
- High School District: Rains ISD
- Elementary School: Rains
- Middle School: Rains
- High School: Rains
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Wall Unit(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Cable Available: Yes
- Utility Description: Electricity Available, Propane, None, Overhead Utilities, Septic Available, Separate Meters, Underground Utilities, Water Available, Cable Available
- # Water Meters: 3
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 2,788 Sq. Ft.
- Current Bldg. Use: Agricultural, Investment, Retail, See Remarks
- Year Built: 2018
Lot Features
- Lot Size (Acres): 7.695
- Lot Size (Sq. Ft.): 335,194.2
- Lot Size Source: See Remarks
- Frontage: County Road, Farm to Market Road, All Weather Road, Asphalt
- Topography: Varied
- Lot Features: Acreage, Agricultural, Garden, Irregular Lot, Few Trees
- Potential Use: Agricultural, Commercial, Investment, Multi-Family, Residential, See Remarks
- Trees/Vegetation: Crop(s)
- Fencing (Description): Fenced, Other, Perimeter
Water Features
- Water Front Name: Fork
Green Features
- Sustainability: Productive Veggie Garden
- Water Conservation: Gray Water System
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,311
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: A0119 HOTCHKISS RINALDO ACRES 7.705
- Exclusions: All Inventory and Supplies.
- Disclosures/Rstr.: Accessory Dwelling Unit, Flood Plain Disclosure
- Property ID: R2421
Listed by Keller Williams Rockwall, Wendy Johnson
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Schools
Schools serving 4020 FM 515
School District:Rains Independent School District
| Name | Grades | Distance |
|---|---|---|
Rains Intermediate School 409 Fm 3299, Emory, TX 75440 | 3-5 | 6.5 mi |
Rains Elementary School 372 Fm 3299, Emory, TX 75440 | PK-2 | 6.7 mi |
Rains J High School 1751 West US Highway 69, Emory, TX 75440 | 6-8 | 6.5 mi |
Rains High School 1755 West US Highway 69, Emory, TX 75440 | 9-12 | 6.4 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 4020 FM 515
Date
Details
Price
Change
Source
6/12/2026
Listed
$1,850,000
—
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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Estimate the Cost for 4020 FM 515
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