Homes for sale - 15500 University Drive, Forney, TX 75126

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Marissa Fontanez

[email protected] +1(214) 789-9187

$1,750,000

Est. payment - /mo

16.23 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Subdivision Ruth Peckum Surv Abs 374

MLS Listing ID 20837805

HOA Y/N None

Year Built 2000

Lot Size 16.234 Acres

Acres 16.234

Property Sub-Type Ranch

Property Description

DEVELOPERS 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.

Location

State TX

County Kaufman

Community Gated, Laundry, Rv Parking, Other

Zoning Zero zoning or deed restrictions!

Direction 80 east to 548 north. 548 north to university drive. Go left. House is on the right about a half mile down.

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air, Electric

Heat Source Central

Exterior

Exterior Feature Covered Courtyard, Covered Deck, Covered Patio/Porch, Lighting, Private Entrance, RV Hookup, RV/Boat Parking, Stable/Barn

Fence Fenced, Gate

Community Features Gated, Laundry, RV Parking, Other

Utilities Available City Sewer, Co-op Electric

Street Surface Asphalt

Garage No

Building

Lot Description Acreage, Agricultural, Cleared, Few Trees, Lrg. Backyard Grass, Pasture, Tank/ Pond

Schools

Elementary Schools Griffin

Middle Schools Jackson

High Schools North Forney

School District Forney Isd

Others

Restrictions No Known Restriction(s),No Restrictions,None

Ownership Public Record

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Survey Available, Verify Flood Insurance, Verify Rollback Tax, Verify Tax Exemptions

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20837805

Read Less Info

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Melanie White • Call It Closed Realty

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

15500 University Drive Forney, TX 75126