15500 University Dr, Forney, TX 75126

List Price
$1,750,000
MLS#
20837805
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
2000
Acres
16.23
County
Kaufman
City
Forney
Subdivision
Ruth Peckum Surv Abs 374

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.

Additional Information

Lot Size
707,153
Acres
16.23
Lot Description
Agricultural, Back Yard, Cleared, Lawn, Pasture, Pond(s), Few Trees
Exterior
Covered Courtyard, Deck, Lighting, Private Entrance, RV Parking/RV Hookup
Parking Garage
Rv/Boat Parking, Rv/Boat Parking
School District
Forney Isd
Elementary School
Griffin
Middle School
Jackson
High School
North Forney
Possession
CloseOfEscrow
Proposed Use
Agricultural, Cattle, Commercial, Dairy, Development, Fishery, Grazing, Horses, Hunting, Industrial, Investment, Livestock, Manufactured Home, Multi-Family, Mobile Home, Storage, Mixed Use, Orchard, Other, Pasture
Possession
CloseOfEscrow
Community Features
Gated, Laundry Facilities, Other, Curbs

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Melanie White from Call It Closed Realty. Contact: 972-955-2735