15500 University Drive
Forney, TX 75126
- – beds
- – baths
- – sqft
- ~16 acre lot
- 2000 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Feb 9, 2025
•
MLS# 20837805 —
The Building
-
Year Built:2000
Location
-
Directions:80 east to 548 north. 548 north to university drive. Go left. House is on the right about a half mile down.
-
Latitude:32.78578100
-
Longitude:-96.41100500
The Property
-
Property Type:Land
-
Property Subtype:Ranch
-
Parcel Number:11031
-
Lot Features:Acreage, Agricultural, Cleared, Few Trees, Lrg. Backyard Grass, Pasture, Tank/ Pond
-
Lot Size:10 to < 50 Acres
-
Lot Size SqFt:707153.0400
-
Lot Size Acres:16.2340
-
Lot Size Area:16.2340
-
Lot Size Units:Acres
-
Easements:Utilities
-
Restrictions:No Known Restriction(s), No Restrictions, None
-
Current Use:Agricultural, Cattle, Crops, Crops and Livestock, Investment, Livestock, Pasture, Ranch, Residential, Single Family
-
Possible Use:Agricultural, Barndominium, Cattle, Commercial, Dairy, Development, Equine, Exotics, Farm Sink, Feed Lot, Fishery, Grazing, Highway/Tourist Service, Horses, Hunting/Fishing, Industrial, Investment, Livestock, Manufactured Home, Mini-Storage, Mixed Use, Mobile Home, Multi-Family, Orchards/Vineyards, Pasture, Place of Worship, Poultry, Ranch, Recreational, Residential, Resort, Retail, Sheep/Goats, Single Family, Subdevelopment, Swine, Timber, Truck Farm, Unimproved, Vacant, Warehouse, Other
-
Zoning Description:Zero zoning or deed restrictions!
-
Fencing:Fenced, Gate
-
Vegetation:Cleared, Crop(s), Grassed
-
Horse Amenities:Barn(s), Electric to Barn, Water to Barn
-
Horse Permitted:Yes
-
Exterior Features:Covered Courtyard, Covered Deck, Covered Patio/Porch, Lighting, Private Entrance, RV Hookup, RV/Boat Parking, Stable/Barn
-
Acres Pasture:14.40
-
Acres Cultivated:1.00
-
# of Barns:1
-
# of Tanks And Ponds:3
-
Waterfront:No
-
Road Frontage Type:City Street, Curbs/Gutters
-
Road Surface Type:Asphalt
-
Will Subdivide:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Legal Description:RUTH PECKUM, 16.234 ACRES, & HOUSE
The Listing
-
Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20837805
Heating & Cooling
-
Heating:Central
-
Cooling:Ceiling Fan(s), Central Air, Electric
Utilities
-
Utilities:City Sewer, Co-op Electric
Schools
-
School District:Forney ISD
-
Primary School Name:Forney
-
Elementary School:Griffin
-
Elementary School Name:Griffin
-
Middle School Name:Jackson
-
Intermediate School Name:Rhodes
-
High School Name:North Forney
The Community
-
Subdivision Name:Ruth Peckum Surv Abs 374
-
Senior Community:No
-
Community Features:Gated, Laundry, RV Parking, Other
-
Association Type:None
-
Development Status:Streets Installed, Unzoned, Utilities Installed
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/6/25
Feb 6, 2025
|
Listed / Active | NTREIS | $1,750,000 | |
2/6/25
Feb 6, 2025
|
Delisted / Withdrawn | NTREIS | $1,750,000 |