20762 Fm 740

11.79 ACRES OFF of FM740! 1,880 ft deep property! 325 Ft wide frontage! Rare Opportunity to own 11+ acres accessed directly off of main FM 740 via private drive of Old FM 740! Build your own dream home or Live in current home. Near Lake Ray Hubbard! Amazing Location! Large Pond, Farm, fish or just enjoy sunsets. Located just outside the City Limits, Zoned Rockwall ISD Schools! 2 Homes, Garages, Pool, Large Pond, multi-purpose building & a 80 Ft Metal Warehouse-accommodates numerous vehicles, farm equipment & more. The Main home & Guest efficiency home-both under one roof- are set-back 900 feet from the Old FM 740 private drive. Both homes are reported by assessor as combined square footage & 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 2nd residence includes Living, Kitchen, Dining, Bedroom, large walk-in closet & full bath. 2-car garage is attached to the main home. Another 2-car garage with covered patio at pool area! 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 Multi-purpose building w Kitchenette & Shower Bath! The Stocked Pond is central to the back 980 feet of the property. AG EXEMPTION is in place. 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. Centrally located to both Hwy 80 & Hwy 30, Rockwall & Forney shopping & dining areas, Minutes to Heath Yacht club & Lake Ray Hubbard! New survey done July 2024. Sold with Farm and Ranch contract.