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4020 Fm 515

Emory, TX 75440
  • $1,650,000
  • STATUS: Active
  • ON SITE: 125 Days
  • MLS #: 21300824
UPDATED: 121 min ago
$1,650,000
  • 3
    BEDS
  • 7.7
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,788
    SQFT
  • $592
    $/SQFT
Neighborhood:
Type:
Farm
Built:
2018
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Wendy Johnson of Keller Williams Rockwall: 972-772-7000.

Description

Dual Residence - 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) (Income Producing) — 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.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-15T23:43:22.52.
www.teamhodnett.com/homes/177675166
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4020 Fm 515 Emory, TX 75440

  • Price: $1,650,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 121 min ago
  • MLS #: 21300824
3
Beds
2
Baths
0
½ Baths
7.7
Acres
2,788
SQFT
$592
$/SQFT
2018
Built
Neighborhood:
None
County:
Rains
Area:
Emory
Elementary School:
Rains
High School:
Rains
School District:
Rains ISD
Property Description
Dual Residence - 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) (Income Producing) — 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.
Exterior Features

Acres Irrigated 3.00 Carport Spaces 0 Construction Siding Covered Spaces 2 Crops IrrigatedProduceRow CropOther Farm Ranch Features Other Fencing FencedPerimeterOther Housing Type Single Detached Lakes 0 Lot Description AcreageAgriculturalFew TreesIrregular Lot Lot Size Source See Remarks Parking Or Garage DrivewayGravelOtherParking LotRV Access/ParkingSee Remarks Patio And Porch Features Covered Pool On Property No Residences 2 Road Frontage Type County RoadFM Road Road Surface Type Asphalt Roof Composition Style Traditional Tanks And Ponds 0 Waterfront YN No

Interior Features

Appliances DishwasherDisposalElectric CooktopElectric OvenGas CooktopGas RangeMicrowave Attached Garage No Basement No Cooling Ceiling Fan(s)Central AirWall Unit(s) Dining Areas 1 Fireplaces 0 Flooring CarpetLuxury Vinyl Plank Garage Yes Handicap YN No Heating Central Interior Features Built-in FeaturesCable TV AvailableFlat Screen WiringOpen FloorplanOtherVaulted Ceiling(s) Kitchen Equipment Farm EquipmentIrrigation EquipmentOther Laundry Features Full Size W/D Area Living Areas 2 Rooms Bedroom-Primary (2 Level) Bath-Full (2 Level) Living Room (2 Level) Kitchen (2 Level) Bedroom (1 Level) Bedroom (1 Level) Family Room (1 Level) Bath-Full (1 Level) Laundry (1 Level) Window Features Window Coverings

Property Features

Accessory Unit Type Accessory Dwelling Unit (ADU) Accessory Unit YN Yes AGExemption Yes Alarm Or Security Type Smoke Detector(s) Barns 0 Barns1 0 Construction Status Preowned Current Use AgriculturalCropsInvestmentRetailSee Remarks Easements Utilities Exclusions All Inventory and Supplies. Request List from Agent. HOA None Intermediate School Name Rains Junior High School Name Rains Lake Name Fork Land Leased No Levels Two Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Possession Negotiable Property Attached No Property Type Farm/Ranch Ranch Name Emory Market Gardens Restrictions No Known Restriction(s) Separate Water Meters 3 Special Notes Aerial PhotoFlood PlainSurvey AvailableVerify Tax Exemptions Unexempt Taxes 8311 Utilities All Weather RoadAsphaltCo-op ElectricCo-op WaterIndividual Water MeterOutside City LimitsOverhead UtilitiesPropaneSepticUnderground UtilitiesNo City Services Wells 0 Will Subdivide Yes

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-15T23:43:22.52.
 
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Team Hodnett | Keller Williams Realty
2106 E State Highway 114, Suite 101
Southlake TX, 76092
Offered by Wendy Johnson of Keller Williams Rockwall: 972-772-7000.