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$1,500,000 Just Listed
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Property Description
Rare opportunity to own almost 16 private acres just outside Muenster featuring a stylish 2022 barndominium, dual road frontage, and a pond-perfect for those who want modern living with room to roam. 1,800 Sq Ft Barndominium on 15.936 acres with Dual Frontage on FM 373 & N Ash St. Stock Pond with water, just outside Muenster city limits. Imagine all you could do with this prime acreage. The property offers flexible potential for a rural homestead, agricultural use, commercial purposes, or a future subdivision. The 1,800 sq ft home includes 3 bedrooms, 2 bathrooms, open living area, dedicated office, and a combo laundry-pantry space. A covered concrete patio runs the full 60-foot length of the house and faces the back of the property, creating an ideal outdoor living space with views across the land. Super low utilities! Nearly 800-foot water well supplies water for the home. Propane central heating and 2 tankless water heaters (one primary for the bath and laundry, one dedicated to the kitchen). Approximately $40,000 in solar panels installed in 2026 (fully owned and conveying with the property) for low electricity bills. Septic system installed with the 2022 home construction. Some fencing in place. The property sits adjacent to the city limits with no special zoning or city taxes. City water and sewer could potentially be connected if the new owner elects to bring the property into the City of Muenster authority. Note: Current survey shows 16.936 acres; owners may reserve approximately 1 acre for separate sale (contact agent for details). One steer currently on the property will be removed prior to closing. This is a rare blend of modern living, acreage, and location flexibility just outside Muenster-reach out today to schedule your private showing.
Full Property Details
Full Property Details for 400 N Fm 373
General
- Price: $1,500,000
- Taxes: $4,852
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21418859
- Updated: 10/23/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Open Floorplan, Vaulted Ceiling(s)
- Appliances: Gas Range, Gas Water Heater, Tankless Water Heater
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Gas Dryer Hookup, Laundry in Utility Room
Exterior
- Porch/Patio/Deck: Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Drive Through
Location
- County: Cooke
- Subdivision: Scott T
- Driving Directions: 15 minutes from Gainsville, follow Hwy 82 West to Muenster. Right on N. Ash St. Right onto FM373. Home will be on the right.
School Information
- Elem School District: Muenster ISD
- Midd School District: Muenster ISD
- High School District: Muenster ISD
- Elementary School: Muenster
- Middle School: Muenster
- High School: Muenster
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Propane
Utilities
- Sewer: Aerobic Septic, Private Sewer, Septic Tank
- Water: Private
- Utility Description: Electricity Connected, Sewer Available, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Barndominium, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Metal Siding
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,800 Sq. Ft.
- Year Built: 2022
- Property Condition: Resale
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 15.94
- Lot Size (Sq. Ft.): 694,346.4
- Lot Size Source: Owner
- Frontage: All Weather Road
- Lot Features: Acreage, Agricultural, Pond on Lot, Few Trees
Horse Property
- Horse Property: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,852
Disclosures and Reports
- Legal Description: SCOTT T 0900 BLOCK 5 ACRES 16.94
- Property ID: 5630
- Block: 5
Listed by American Realty, Susan Kennedy
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Price & Sales History for 400 N Fm 373
Date
Details
Price
Change
Source
10/23/2026
Listed
$1,500,000
—
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 400 N Fm 373
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,721
1%
$305,216
1%
2025
$4,659
2%
$301,166
—
2024
$4,549
1126%
$301,310
1%
2022
$371
—
$297,723
1300%
2022
$371
1513%
$21,273
100%
2021
$23
-15%
100%
2020
$27
—
-100%
2018
$27
—
$1,242
—
2017
$27
-4%
$1,242
—
2016
$28
4%
$1,242
—
2015
$27
—
$1,242
—
2019
$27
8%
$1,242
—
2013
$25
4%
$1,242
—
2012
$24
—
$1,242
—
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 400 N Fm 373
Want to learn more about 400 N Fm 373? Do you have questions about finding other Farm real estate for sale in Muenster? You can browse all Muenster real estate or contact a Coldwell Banker agent to request more information.

