$270,355
20762 S FM 740, Forney, TX, 75126
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About this property
Peaceful Retreat near Lake Ray Hubbard! 11.79 ACRES OFF of FM740! Amazing Location! Rare Opportunity to Build your own dream home or live as built. Farm, fish or just enjoy sunsets. All located just outside the City Limits, Zoned Rockwall ISD Schools! 2 Homes, Garages, Pool, Large Pond, 80 Ft Metal Warehouse, 30 FT Game-room on over 1,880 ft deep property. The Main home & Guest efficiency home - both under one roof - are set-back 900 feet from the Old FM 740 (a private side street of the FM 740. Both homes are reported by assessor as combined square footage and built in 2000. The Main home includes 1 Bedroom, 1 Bath, Large walk-in closets, Living, Dining, Kitchen & Office (often used as 2nd Bedroom). The Attached efficiency residence includes Living, Kitchen, Dining, Bedroom, large walk-in closet & full bath. A 2-car garage is attached to the main home. Another 2-car garage with covered patio at pool area is walkway away! Gunite pool built in 2013 includes decking & patios. Large Red Iron Metal Multi-Purpose Storage Building is 80FTX30FtX14 Ft tall, 3 overhead doors, concrete floor & several skylights for natural lighting with an Attached 40ft X 20ft Game room with Kitchenette & Full Shower Bath! The Storage building is perfect for auto storage, farm equipment or your choice. The Stocked Pond is central to the back 980 feet of the property. AG EXEMPTION is in place, however no cows or horses are on the property. Amenities include Aerobic system, sprinkler watering around the main home and pool area, 2022 Composition roof, electronic gated entry & fenced border line. Electrical & Plumbing located at front gate, homes, garages, pool, metal storage building & the attached Game-room. The Property lies within both Rockwall & Kaufman Counties. Choice of Amy Parks or Linda Lyons Elementary. Near Lake Ray Hubbard, Rockwall and Forney shopping and dining areas, Minutes to Heath Yacht club and centrally located to both Hwy 80 & Hwy 30. New Full survey was completed July 2024.
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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Forney
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