Unique opportunity in one of that fastest growing city's of Frisco. Offering 20 acres of land that includes a 3302 sqft sq ft home built in 2008. Approximately 15 acres are in the flood plain but the other 5 acres has potential for multifamily use, wedding venue, daycare, or just a beautiful farm in the city. The property is zoned farm and ranch with an agriculture exemption. The home is very fresh and charming with 3 bedrooms, 2 baths, game room, 4 car garage, and a guest apartment over the garage. The kitchen is open with a large island for entertaining and stainless steal appliances. The property has a creek, small pond, and a barn. The property is close to the tollroad Toll Road and less than one mile from Universal theater.