Status: Active
15500 University Dr
Forney, TX 75126
$1,750,000
------/mo*
CalculateDEVELOPERS DREAM! SURROUNDED BY NEW DEVELOPMENTS! Nestled on 16 acres of serene countryside just outside the city limits, this unrestricted property offers endless possibilities for development or personal retreat. With open pastures, mature trees, and a gentle rolling landscape, the land is both picturesque and functional, perfect for a variety of uses. This property features a large home with five oversized bedrooms, offering ample space for family, guests, or even rental opportunities. A spacious game room provides the perfect place for entertainment, while the commercial-sized kitchen is a dream for chefs, caterers, or those who love to cook and entertain. Surrounding the home is a 1,600-square-foot wraparound porch, where you can relax and take in the peaceful countryside views, watch the sunrise with a cup of coffee, or enjoy a cool evening breeze. New owners can choose to make cosmetic upgrades and live in the existing home or utilize the land for something else of their choosing.
For developers, the expansive acreage provides ample space for a mobile home park, RV park, or commercial ventures, with easy access to major roads and utilities available nearby. Entrepreneurs looking for an event center or Airbnb investment will appreciate the peaceful setting, ideal for weddings, retreats, or vacation rentals.
For those seeking a private homestead, the land is perfect for a single-family ranch home, offering plenty of room for animals, gardens, and a self-sufficient lifestyle. Imagine waking up to breathtaking sunrises, enjoying the wide-open spaces, and watching deer roam freely at dusk.
With no restrictions, the opportunities are truly limitless. Whether you’re looking to build, invest, or create your dream country escape, this property is a rare gem that offers the best of both worlds—tranquility and potential.
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- Baths
- 0
- House Size
- --
- Year Built
- 2000
- Lot Size
- 16.23 ac
- School District
- Forney ISD
Location
Market Insights
In the last 30 days, homes for sale in 75126, Forney, TX were on the market for a median of 74.5 days and 6.67% of homes sold above list price.
Buy a new home knowing you’ll sell your current one. Orchard guarantees your home will sell, so you can buy your next one worry-free.
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Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- cooling
- Ceiling Fan(s)
- Central Air
- Electric
- heating
- Central
- laundry features
- Common Area
Exterior Information
- features
- Covered Courtyard
- Lighting
- Private Entrance
- Rv Hookup
- fence
- Fenced
- Gate
- patio and porch
- Deck
- Covered
- road surface
- Asphalt
Property Information
- community
- Gated
- Other
- lot
- Cleared
- Agricultural
- Few Trees
- Pasture
- parking
- Gated
- Rv Access/parking
- Boat
- sewer
- Public Sewer
- subdivision name
- Ruth Peckum Surv Abs 374
- Listed By Melanie White
- (972) 955-2735
- Call It Closed Realty
- (817) 706-6582
- MLS 20837805
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $12,994 (0%) | $510,420 | $227,379 | $737,799 (-1.2%) |
| 2023 | $12,994 (+153.9%) | $510,420 | $236,658 | $747,078 (-7%) |
| 2022 | $5,118 (+20.3%) | $556,170 | $246,949 | $803,119 (+34.3%) |
| 2021 | $4,256 | $395,833 | $201,954 | $597,787 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$10,603
30 year fixed·6.9% interest rate
- Principal & Interest
- $9,220
- Property Taxes
- $1,083
- Home Insurance
- $300
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
