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4020 FM 515

Emory, TX 75440

$1,650,000

3 bd · 2 ba · 2,788 sq ft · 7.7 ac

Bedrooms3
Bathrooms2
Living area2,788 sq ft
Lot size7.695 acres
Year built2018
Stories2
Garage2 cars
TypeResidential

What it costs to own

Taxes$8,311 per year
MUDNone listed
HOANone listed
Price per sq ft$592 per sq ft
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air, Wall Unit(s)
FlooringCarpet, Luxury Vinyl Plank
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Cooktop, Gas Range, Microwave
Interior featuresBuilt-in Features, Cable TV Available, Flat Screen Wiring, Open Floorplan, Other, Vaulted Ceiling(s)

Construction materialsSiding
RoofComposition

Lot featuresAcreage, Agricultural, Few Trees, Irregular Lot
FencingFenced, Perimeter, Other
Water sourceCo-op Water, Individual Water Meter
SewerSeptic
ElectricCo-op Electric
UtilitiesOverhead Utilities, Propane, Underground Utilities

ElementaryRains
Middle schoolRains
High schoolRains
DistrictRains ISD

MLS #21300824
Source
Price changeReduced by $200,000 · Sep 12, 2026
On the market92 days
CountyRains

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 4.2 mi
Nearest parkJenkins Park · 2.2 mi

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Listing courtesy of Keller Williams Rockwall — Wendy Johnson.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21300824. Information last updated September 12, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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