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AG-Exempt Farmland Development Lot
For Sale
$499,000

CR 655 lot Parcel 1, Farmersville, TX 75442

Land, Farmersville, TX

Property SizeContact for details
Lot Size5.00 Acres
Days on Market49

Property Features for CR 655 lot Parcel 1

General Information

Property type Land
Property subtype Other
Zoning description AG
Lot features Acreage
Elementary school Tatum
Middle school Farmersville
High school Farmersville
Elementary school district Farmersville ISD
Middle school district Farmersville ISD
High school district Farmersville ISD
Directions Please use GPS or call agent
Standard status Active
APN R644800215101
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description ABS A0448 WILLIAM HEMPHILL SURVEY, SHEET 2, T
Tax Annual Amount 28
Legal Description ABS A0448 WILLIAM HEMPHILL SURVEY, SHEET 2, T
Listing Agency: Fair Deal Realty
Listed By: Indu Mandadi · License #0593589
Added: Jul 7 Changed: Aug 21 Last Checked: Aug 24 at 3:06AM
MLS# 21323536

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 listing offers a 5-acre parcel outside the city limits of Farmersville, Texas. The property is currently under an agricultural exemption (AG exemption), which the seller notes may provide potential tax savings. Two 5-acre lots are available, giving buyers the option to purchase one parcel or both for added space and flexibility.

The land is positioned just outside city limits while still providing practical access, with the seller stating it is located just minutes from US Highway 380. The setting is described as country living with an emphasis on peace and privacy.

This parcel can fit multiple objectives depending on how you plan to use it. The seller describes it as suitable for building a dream home, as well as for business use subject to applicable county regulations. For buyers looking for a flexible land configuration, the availability of an adjacent second 5-acre lot may also support scenarios where more acreage is needed, while still keeping the opportunity to secure a single parcel.

Key Highlights

  • 5‑acre lot just outside the city limits of Farmersville, TX
  • Two 5‑acre lots available
  • Currently under AG exemption for potential tax savings

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 75442, TX

11,241
Population
4,060
Households
2.8
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
107.6 sq mi
ZIP Area
104
Density / Sq Mi
$84,591
Median Household Income
$48,482
Median Earnings
$1,501
Median Rent
$330,000
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?
Agricultural land / Farmland - 5-acre lot outside Farmersville city limits with AG exemption and convenient access near US Highway 380.
Where is this agricultural land / farmland located?
The property is located at CR 655 lot Parcel 1 Farmersville, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 5‑acre lot just outside the city limits of Farmersville, TX; Two 5‑acre lots available; Currently under AG exemption for potential tax savings
More about this property
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