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Ranch Property With Lake
New
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 Market2

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
Listed By: Frank Roberts · License #0524424
Added: Aug 7 Changed: Aug 8 Last Checked: Aug 8 at 5:06AM
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 includes predominantly level land, a 12-acre lake, and four additional ponds. The water features support recreational use, wildlife habitat, and agricultural applications. The property is outside the floodplain and has septic tank service.

Access is provided by a state-maintained FM road, with I-20 approximately 2 miles away and Dallas approximately 11 miles away. The property is located in the Talty area within Forney ISD and near the Dallas-area growth corridor.

The substantial tract may support ranch ownership, agricultural use, single-family residential development, or light industrial uses, subject to applicable zoning, approvals, and other requirements.

Key Highlights

  • 12‑acre lake complemented by four additional ponds
  • Predominantly level property with no floodplain
  • Approximately 2 miles from I‑20

Property Analytics

Current Use

Ranches

Suggested Use

Top Pick Building Supply HVAC Service Real Estate Agency Auto Repair Shop Computer & Electronic Repair Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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
Rey
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 featuring a large lake, multiple ponds, FM road access, and convenient 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 complemented by four additional ponds; Predominantly level property with no floodplain; Approximately 2 miles from I‑20
More about this property
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