5815 FM 118 FHA Assumable at 3.23% and an eclectic modern farmhouse-style barndominium on 10.896 AG-exempt acres with no known floodplain just outside of Greenville, Texas. This horse-friendly property is fenced and cross-fenced and offers a unique blend of rustic Texas charm and flexible living space ideal for a homestead, horse property, weekend retreat, Airbnb, or investment opportunity. Inside, the open-concept layout features warm finishes, decorative lighting, spacious living areas, a wood-burning stove, and electric heat. The kitchen includes stainless steel appliances, propane gas range cooking, generous prep space, and an open flow designed for entertaining. The distinctive barndo-inspired design creates character and versatility rarely found in traditional homes. The spacious primary bedroom offers a comfortable retreat, while additional flex rooms provide options for guest rooms, office space, hobby areas, or additional sleeping accommodations. A loft overlooking the main living area enhances the modern farmhouse feel and adds functionality. Outdoors, the property is ready for horses, livestock, recreation, or peaceful country living. Improvements include fenced pasture areas, loafing shed, round pen, and a generous pond that adds beauty and functionality. The AG exemption supports lower property taxes and long-term investment potential. Conveniently located near Interstate 30 and State Highway 380, this property provides quick access to shopping, dining, Greenville amenities, and major employers including L3Harris Technologies while maintaining a private rural setting. Search keywords: Greenville TX acreage, Hunt County horse property, Texas barndominium, AG-exempt land, no known floodplain, fenced pasture, horse-ready property, country home with acreage, pond property, Airbnb investment property, Greenville Texas land, livestock property, ranch-style living, homestead opportunity, no HOA, rural retreat.