Ranch with Lake and
For Sale
$5,277,359
5030 N Fm 148, Crandall, TX 75114
Land, Crandall, TX
Property SizeContact for details
Lot Size218.36 Acres
Days on Market18
Property Features for 5030 N Fm 148
General Information
Property type
Land
Property subtype
Other
Zoning description
AG
Subdivision
Friend Mcmahan Surv Abs #313
Lot features
Acreage, Cleared, Pasture, Pond On Lot, Few Trees
Elementary school
Blackburn,Forney
Middle school
Brown,Jones
High school
Forney
Elementary school district
Forney ISD
Middle school district
Forney ISD
High school district
Forney ISD
Directions
From Dallas take I-20 to Exit 493 exit FM 1641 R (S) for approximately 1 mile to FM 148 Right for approx. 2 mi to County Road 262 Left got to second sign on gate, on left. SOP.
Standard status
Active
APN
9816
Lot size
218.36 Acres
Taxes and HOA fees
Tax Description
FRIEND MC MAHAN, TRACT 330.00; 218.357 ACRES
Tax Annual Amount
624
Legal Description
FRIEND MC MAHAN, TRACT 330.00; 218.357 ACRES
Utilities
Sewer type
Septic Tank
Listing Agency:
RE/MAX Landmark
(972) 524-2525
Listed By:
Frank Roberts · License #0524424
(972) 524-2525
Added: Aug 7
Changed: Aug 19
Last Checked: Aug 24 at 7:06PM
MLS# 21352269
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This ranch property combines predominantly level terrain with a 12-acre lake and four additional ponds. The land is described as outside the floodplain, supporting agricultural, recreational, and wildlife-related functions. Water infrastructure includes an 8-inch line along FM 148 and a 4-inch line on CR 262, while onsite wastewater service is provided by a septic tank.
Access is provided by a state-maintained FM road, with the property approximately 2 miles from I-20 and 11 miles from Dallas. The tract is located in the Talty area and falls within Forney ISD. The source information also identifies possible single-family residential development or light industrial use, subject to applicable zoning and approvals.
Access is provided by a state-maintained FM road, with the property approximately 2 miles from I-20 and 11 miles from Dallas. The tract is located in the Talty area and falls within Forney ISD. The source information also identifies possible single-family residential development or light industrial use, subject to applicable zoning and approvals.
Key Highlights
- 12‑acre lake plus four additional ponds
- Approximately 2 miles from I‑20 and 11 miles from Dallas
- 8‑inch water line along FM 148
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 75114, TX
6,347
Population
2,416
Households
2.6
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
43.0 sq mi
ZIP Area
148
Density / Sq Mi
$88,839
Median Household Income
$46,000
Median Earnings
$1,652
Median Rent
$275,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Ranch - Level ranch property with multiple water features, FM-road access, and proximity to I-20.
Where is this ranch located?
The property is located at 5030 N Fm 148 Crandall, TX.
What is the asking price?
The asking price for this property is $5,277,359.
What are key features of this property?
This property features: 12‑acre lake plus four additional ponds; Approximately 2 miles from I‑20 and 11 miles from Dallas; 8‑inch water line along FM 148
