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$325,000 Just Listed
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Property Description
FHA Assumable at 3.23% and an eclectic barndominium-style modern farmhouse on 10.896 AG-exempt acres with no known floodplain just outside of Greenville, Texas. This horse-friendly property is fenced and cross-fenced and offers a unique blend of rustic Texas charm and flexible living space ideal for a homestead, horse property, weekend retreat, Airbnb, or investment opportunity. Inside, the open-concept layout features warm finishes, decorative lighting, spacious living areas, a wood-burning stove, and electric heat. The kitchen includes stainless steel appliances, propane gas range cooking, generous prep space, and an open flow designed for entertaining. The distinctive barndo-inspired design creates character and versatility rarely found in traditional homes. The spacious primary bedroom offers a comfortable retreat, while additional flex rooms provide options for guest rooms, office space, hobby areas, or additional sleeping accommodations. A loft overlooking the main living area enhances the modern farmhouse feel and adds functionality. Outdoors, the property is ready for horses, livestock, recreation, or peaceful country living. Improvements include fenced pasture areas, loafing shed, round pen, and a generous pond that adds beauty and functionality. The AG exemption supports lower property taxes and long-term investment potential. Conveniently located near Interstate 30 and State Highway 380, this property provides quick access to shopping, dining, Greenville amenities, and major employers including L3Harris Technologies while maintaining a private rural setting. Search keywords: Greenville TX acreage, Hunt County horse property, Texas barndominium, AG-exempt land, no known floodplain, fenced pasture, horse-ready property, country home with acreage, pond property, Airbnb investment property, Greenville Texas land, livestock property, ranch-style living, homestead opportunity, no HOA, rural retreat.
Full Property Details
Full Property Details for 5815 FM118
General
- Price: $325,000
- Taxes: $4,713
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21269825
- Updated: 5/19/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Loft, Open Floorplan
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning Stove
- Appliances: Gas Range
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: RV Hookup, Storage
- Porch/Patio/Deck: Covered, Front Porch
Parking
- Parking Features: Additional Parking
Location
- County: Hunt
- Subdivision: Roberts John
- Driving Directions: Take I-30 E, take exit 96, turn left on TX-302, merge onto Forester St, turn left on Fannin St, continue onto FM 118, turn left to stay on FM 118, see yard sign turn right down driveway. (GPS takes you to the wrong driveway. Please see For Sale sign)
School Information
- Elem School District: Greenville ISD
- Midd School District: Greenville ISD
- High School District: Greenville ISD
- Elementary School: Bowie
- Middle School: Greenville
- High School: Greenville
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Multi Units, Window Unit(s)
- Heating Type: Electric, Propane, Wood Stove
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Barndominium, Modern, Detached, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Metal
- Living Area: 1,402 Sq. Ft.
- Current Bldg. Use: Horses, Residential, Single Family
- Year Built: 2017
Additional Structures
- Other Structures: Outbuilding, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 10.896
- Lot Size (Sq. Ft.): 474,629.76
- Lot Size Source: Plans
- Frontage: State Road, All Weather Road, Asphalt
- Topography: Level
- Lot Features: Acreage, Agricultural, Pasture, Pond on Lot, Few Trees, Level
- Fencing (Description): Barbed Wire
Horse Property
- Horse Property: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,713
- Terms: Assumable, Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: A0870 ROBERTS JOHN SR, TRACT 62, ACRES 10.896
- Exclusions: None
- Property ID: 33225
- Lot Number: 62
Listed by Texan Team, Travis Hunt and Texan Team, Bonnie Hunt
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Schools
Schools serving 5815 FM118
School District:Greenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Crockett Elementary School, Greenville, TX 1316 Wolfe City Drive, Greenville, TX 75401 | K-4 | 5.3 mi |
Greenville Middle School 3611 Texas Street, Greenville, TX 75401 | 7-8 | 8 mi |
Greenville High School 3515 Lions Lair Road, Greenville, TX 75402 | 9-12 | 9.6 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 5815 FM118
Date
Details
Price
Change
Source
5/15/2026
Listed
$325,000
—
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 5815 FM118
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,212
8%
$312,646
12%
2023
$2,962
-16%
$280,356
7%
2023
$3,543
-1%
$261,544
-10%
2022
$3,580
19%
$289,560
57%
2021
$3,005
11%
$184,070
28%
2020
$2,703
188%
$143,790
213%
2018
$940
-52%
$45,920
-54%
2019
$1,967
120%
$100,000
130%
2017
$895
18%
$43,390
18%
2016
$761
—
$36,880
3%
2015
$758
13%
$35,700
13%
2014
$673
-59%
$31,600
-62%
2013
$1,627
—
$83,970
—
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 5815 FM118
5815 Fm 118, Greenville, TX 75401 (MLS# 21269825) is a Single Family property with 3 bedrooms and 1 full bathroom. 5815 Fm 118 is currently listed for $325,000 and was received on May 15, 2026. Want to learn more about 5815 Fm 118? Do you have questions about finding other Single Family real estate for sale in Greenville? You can browse all Greenville real estate or contact a Coldwell Banker agent to request more information.

