4020 FM 515, EMORY, TX 75440
Homes for sale in Emory.
Homes for sale in 75440.
List Price$1,850,000
4020 FM 515
Emory, TX 75440
Listing #21300824
About This Property
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) -- 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.
Property Features
Location Information
County
Rains
Subdivision
None
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Family Room, First Floor Full Bath, Second Floor Full Bath, Second Floor Kitchen, First Floor Laundry, Second Floor Living Room, Second Floor Primary Bedroom
Has Fireplace
No
Interior
Built-in Features, Open Floorplan, Other, Cable TV, Vaulted Ceiling(s), Wired for Sound
Number of Fireplaces
0
Master Bedroom Description
0 x 0
Heating
Central
Full Baths
2
Cooling
Central Air, Ceiling Fan(s), Wall Unit(s)
Living Room Description
0 x 0
Floors
Carpet, Luxury Vinyl Plank
Kitchen Description
0 x 0
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Range, Microwave
Exterior Features
Style
Traditional, Detached
Lot Description
Acreage, Agricultural, Garden, Irregular Lot, Few Trees
Stories
2
Lot Size in Acres
7.695
Roof
Composition
Lot Size in Sq. Ft.
335,194
Utilities
Electricity Available, Propane, None, Overhead Utilities, Septic Available, Separate Meters, Underground Utilities, Water Available, Cable Available
Current Use
Agricultural, Investment, Retail, See Remarks
Security System
Smoke Detector(s)
Possible Best Use
Agricultural, Commercial, I
Parking Description
Driveway, Gravel, Other, Parking Lot, RV Access/Parking, See Remarks
Road Description
County Road, Farm to Market Road, All Weather Road,
Has Garage
Yes
Lake Name
Fork
Garage Spaces
2
Is One Story
No
Fencing
Fenced, Other, Perimeter
Lot Description
Acreage, Agricultural, Garden, Irregular Lot, Few Trees
Patio / Deck Description
Covered
Windows Description
Window Coverings
Pool Description
None
School
Elementary School District
Rains ISD
Jr. High School
Rains
Elementary School
Rains
High School
Rains
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
FRM
Tax Annual Amount
8311.0
Property SubType 2
House
Exclusions
All Inventory and Supplies.
Property SubType
Farm
Documents Available
Aerial, Survey
Year Built
2018
Lot Acres Source
See Remarks
Status
Active
Similar Listings
Mortgage Calculator
$8,638
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,666
Monthly Tax
$1,541
Monthly Insurance
$431
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Wendy Johnson, Keller Williams Rockwall

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NTREIS - North Texas data last updated at June 15, 2026, 6:49 PM CT
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