15500 University Drive new Save Request In-Person Tour Request Virtual Tour
Forney,TX 75126
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 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