Skip to content
1 / 40View 40 photos

4020 FM 515

Emory, TX 75440

Listing courtesy of Wendy Johnson, Keller Williams Rockwall

$1,850,000
For Sale
Beds
3
Baths
2
Sqft
2,788
Year Built
2018

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.

Schools

Elementary
Rains
Middle
Rains
High
Rains

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21300824
Property Type
Residential
Status
For Sale
County
Rains
Subdivision
None
Lot Size
7.70 acres
Garage
2-car
HOA Dues
None
Annual Taxes
$8,311
Days on Market
37 days
Listed
Jun 12, 2026
Price per Sqft
$664

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$11,079/mo
Principal & interest
$9,846
Property taxes
$693
Homeowner's insurance (est.)
$540

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

Similar homes nearby

See all in Emory

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 not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 12, 2026