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15500 University Drive

Forney, TX 75126
  • $1,750,000
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: 20837805
$1,750,000
  • 0
    BEDS
  • 16.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
Built:
2000
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Melanie White of Call It Closed Realty: 972-955-2735.

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 youre 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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© 2025 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 Homes By Lainie Real Estate Group. 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 Homes By Lainie Real Estate Group 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 2025-06-16T23:42:25.777.
www.homesbylainie.com/homes/160117289
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15500 University Drive Forney, TX 75126

  • Price: $1,750,000
  • Status: Active
  • On Site: 130 Days
  • MLS #: 20837805
0
Beds
0
Baths
0
½ Baths
16.23
Acres
2000
Built
Neighborhood:
Ruth Peckum Surv Abs 374
County:
Kaufman
Area:
Forney
Elementary School:
Griffin
High School:
North Forney
School District:
FORNEY ISD
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 youre 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.
Exterior Features

Acres Cultivated 1.00 Acres Pasture 14.40 Exterior Features Covered CourtyardCovered DeckCovered Patio/PorchLightingPrivate EntranceRV HookupRV/Boat ParkingStable/Barn Fencing FencedGate Horse Amenities Barn(s)Electric to BarnWater to Barn Lot Description AcreageAgriculturalClearedFew TreesLrg. Backyard GrassPastureTank/ Pond Road Frontage Type City StreetCurbs/Gutters Road Surface Type Asphalt Tanks And Ponds 3 Waterfront YN No

Interior Features

Cooling Ceiling Fan(s)Central AirElectric Heating Central

Property Features

AGExemption Yes Barns 1 Barns1 0 Common Features GatedLaundryRV ParkingOther Current Use AgriculturalCattleCropsCrops and LivestockInvestmentLivestockPastureRanchResidentialSingle Family Development Streets InstalledUnzonedUtilities Installed Easements Utilities HOA None Horse Permitted Yes Intermediate School Name Rhodes Land Leased No Listing Terms 1031 ExchangeCashConventionalFHAUSDA LoanVA Loan Municipal Utility District Yes Possession Closing/Funding Primary School Name Forney Property Type Ranch Restrictions No Known Restriction(s)No RestrictionsNone Senior Community No Special Notes Survey AvailableVerify Flood InsuranceVerify Rollback TaxVerify Tax Exemptions Utilities City SewerCo-op Electric Will Subdivide No Zoning Zero zoning or deed restrictions!

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 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 Homes By Lainie Real Estate Group. 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 Homes By Lainie Real Estate Group 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 2025-06-16T23:42:25.777.
 
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Homes By Lainie Real Estate Group
682 E. FM 120, Ste 3
Pottsboro TX, 75076
Offered by Melanie White of Call It Closed Realty: 972-955-2735.