Date
Details
Price
Change
Source
6/12/2026
Listed
$597,000
—
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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Property Description
Nestled on 5 beautiful acres just minutes from the lake, this spacious 4-bedroom, 2.5-bath custom home offers the perfect blend of country living, recreational amenities, and endless potential. With a split-bedroom floor plan and over-sized living spaces, this property is ready for a new owner to make it their own while enjoying the quality features already in place. The inviting living room features a wood-burning fireplace with an insert, creating a warm and comfortable gathering space. The kitchen showcases custom oak cabinetry and abundant storage. The private primary suite offers a double vanity, jetted tub, and separate his-and-her closets. Step outside to your own backyard retreat featuring a fenced pool area with a diving board and attached hot tub. The pool has been beautifully maintained with replastering and updates completed over the years, and both pool pumps have been replaced within the past two years. Enjoy peaceful country evenings overlooking your acreage while entertaining family and friends. Additional improvements include a finished attached garage, gutters with leaf guards, a 9-foot storm shelter, and a 20x40 steel-frame shop with electricity, 220 RV hookup, and 30-amp service. The shop features 3 overhead doors and ample space for projects, equipment, or recreational storage. Major system updates provide peace of mind, including a new roof installed in 2024 with 25-year shingles, AC blower replacement in 2025, rebuilt fireplace stack, and foundation improvements with 18 piers installed with work backed by a transferable lifetime warranty. Located within approximately one mile of the lake, this property offers the ideal combination of privacy, recreation, and opportunity. Whether you're looking for a family homestead, a weekend retreat, or a property where you can add your own updates and style, this acreage estate is ready to welcome its next owner.
Full Property Details
Full Property Details for 4480 County Rd 551
General
- Price: $597,000
- Taxes: $5,837
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21298128
- Updated: 6/12/2026
- Added to Site: Today
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Gas Log, Heatilator, Living Room
- Appliances: Dishwasher, Disposal
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: Diving Board, Fenced, Gunite, Heated, In Ground, Outdoor Pool, Other, Pool
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Oversized, Garage Faces Side
Location
- County: Collin
- Subdivision: EB Reed
- Driving Directions: From Hwy 380 & Hwy 78 in Farmersville, travel south on Hwy 78 approximately 5.5 miles. Turn right on CR 550, then right on CR 551. Continue north on CR 551 to 4480 CR 551, which will be on the left.
School Information
- Elem School District: Farmersville ISD
- Midd School District: Farmersville ISD
- High School District: Farmersville ISD
- Elementary School: Tatum
- Middle School: Farmersville
- High School: Farmersville
Utilities
- Sewer: Septic Tank
- Water: Community/Coop, Rural
- Utility Description: Electricity Available, None, Septic Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,872 Sq. Ft.
- Year Built: 1994
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Frontage: All Weather Road
- Lot Features: Acreage
- Fencing (Description): Fenced
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $5,837
Disclosures and Reports
- Legal Description: ABS A0739 E B REED SURVEY, SHEET 3, TRACT 159
- Exclusions: Vintage water pump located at shop
- Property ID: R673900315901
- Block: 3
Listed by Texan Realtor Group LLC, Tonya Mercer
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 4480 County Rd 551 —
Tonya Mercer
Texan Realtor Group LLC
972-784-7800
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4480 County Rd 551
School District:Farmersville Independent School District
| Name | Grades | Distance |
|---|---|---|
Tatum Elementary School 405 North Washington Street, Farmersville, TX 75442 | PK-1 | 6 mi |
Farmersville Intermediate School 807 North Main Street, Farmersville, TX 75442 | 2-5 | 6.3 mi |
Farmersville J High School 501 South State Highway 78, Farmersville, TX 75442 | 6-8 | 5.8 mi |
Farmersville High School 499 South State Highway 78, Farmersville, TX 75442 | 9-12 | 5.7 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 4480 County Rd 551
Tax History
Tax History for 4480 County Rd 551
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,202
—
$485,069
11%
2023
$3,207
-21%
$435,710
29%
2022
$4,075
—
$336,844
11%
2022
$4,075
—
$303,353
9%
2021
$4,077
25%
$277,221
9%
2020
$3,254
-11%
$255,283
2%
2019
$3,663
2%
$249,933
10%
2018
$3,595
9%
$227,212
10%
2017
$3,288
3%
$206,556
9%
2016
$3,188
6%
$189,805
10%
2015
$2,996
9%
$172,550
10%
2014
$2,742
11%
$156,864
9%
2013
$2,468
—
$143,408
—
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 4480 County Rd 551
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4480 County Road 551, Farmersville, TX 75442 (MLS# 21298128) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 4480 County Road 551 is currently listed for $597,000 and was received on June 12, 2026. Want to learn more about 4480 County Road 551? Do you have questions about finding other Single Family real estate for sale in Farmersville? You can browse all Farmersville real estate or contact a Coldwell Banker agent to request more information.