Property details
About 15500 University Dr
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.
Highlights
Virtual tour
Summary
- MLS Number: 20837805
- MLS Name: NTR
- Office Name: Call It Closed Realty
- Office Phone: (972) 955-2735
- Listing Agent: Melanie White
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 4/18/2025, 3:22:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,750,000
15500 University Dr
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $737,799 | $12,993 |
| 2023 | $747,078 | $5,118 |
| 2022 | $803,119 | $5,118 |
| 2021 | $597,787 | $4,125 |
| 2019 | $194,990 | $3,972 |
| 2018 | $207,040 | $4,469 |
| 2017 | $200,190 | $4,321 |
History based on county public records data.
Nearby schools
5
Griffin Elementary School
Public District KG-4
1.5 mi
•600 S Bois D Arc St
4
Smith Intermediate School
Public District 5-6
1.5 mi
•1750 Iron Gate Blvd
2
Crosby Elementary School
Public District KG-4
2.6 mi
•495 Diamond Creek Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $112,083. Residents of Forney, TX typically earn between $100k-200k each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
College Football
NASCAR
PGA/LPGA
Where do the neighbors shop?
Best Buy
Dick's Sporting Goods
Stein Mart
Where do the neighbors go to eat?
Texas Roadhouse
Arbys
Bob Evans
What do the neighbors drive?
Ram
GMC
Lincoln
What do the neighbors listen to?
Contemporary Christian
Adult Hits
News/Talk/Information
Frequently asked questions
About 15500 University Dr
This home is located at 15500 University Dr in Forney, TX and zip code 75126 in the Miller Farms neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,750,000.
The number of listings in Forney, TX increased by 23.2% between February and March 2025. Listings spent 86 days on the market in March 2025, and had a median list price of $354,719 during the same period.