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102 N Cedar St, Celeste, TX, 75423

3beds
2baths
1,932sqft
$260,000
$135price/sqft
$1,950/moest. monthly cost
$78,000/yrincome needed

About This Home

Rare investment opportunity in the growing community of Celeste! This 3-bedroom, 2-bath home offers 1,932 sq ft on an oversized lot just under half an acre, providing multiple income-producing possibilities for investors. Recent updates include fresh exterior paint, new flooring and paint in two bedrooms, a brand-new tankless water heater, and additional improvements throughout. What makes this property truly unique is the additional earning potential with back-to-back lots, creating opportunities for expansion, additional rental potential, future development, or resale opportunities. The large lot configuration offers flexibility that is hard to find in today’s market. Located in an up-and-coming area with new construction and redevelopment nearby, this property is conveniently positioned near schools, shopping, and major highways while still offering small-town charm. Whether you’re looking for a buy-and-hold rental, property investment strategy, or value-add project, this property delivers exceptional upside potential. Property to be sold AS-IS. Sellers are motivated BRING ALL CASH OFFERS! Lot at 103 N Fir St (directly behind) is also available to purchase for even more investment potential. MLS number 21265463

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

5/10
Celeste Elementary SchoolGrades PK-50.6 mi
8/10
8/10
Celeste High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Double Oven,Electric Oven,Electric Water Heater,Gas Cooktop,Tankless Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Pantry,Walk-In Closet(s)
  • Flooring: Carpet,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central,Natural Gas,Other
  • Cooling features: Central Air,Ceiling Fan(s),Electric,Other

Interior Area

  • Total structure area: 1,932
  • Total interior livable area: 1,932 sqft

Property

Details

  • Parcel number: 75370
  • Exclusions: all personal property

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Back Yard,Other,Wire
  • Residential vegetation: Brush

Lot

  • Lot size: 0.37 Acres
  • Features: Many Trees

Parking

  • Total spaces: 4
  • Parking features: Additional Parking,Carport,Detached Carport,Driveway,Garage,Off Street
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Cold Wave
Hail
Heat Wave
Strong Wind
Inland Flooding
Lightning
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,314$15,768
Home Insurance *$161$1,932
Property Taxes $237$2,844
Electricity $238$2,859
Total$1,950$23,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,857/yr
40% on housing$58,500/yr
45% on housing$52,000/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.9%
2.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 6.4%
6.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 75423$248
Hunt County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 75423$202
Hunt County$166

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Listed for sale$325,000
2026-04-01Listing removed$349,995
2026-02-16Price change$349,995
2026-02-10Price change$360,000
2025-12-21Price change$380,000
2025-10-17Listed for sale$420,000
2023-09-08Sold--
2023-09-06Pending sale$230,000
2023-08-16Contingent$230,000
2023-07-21Price change$230,000
2023-05-10Listed for sale$235,000
2021-01-13Listing removed--
2020-12-16Pending sale$175,000
2020-10-08Price change$175,000
2020-09-23Price change$184,900
2020-09-01Listed for sale$189,900

For Sale by Agent

AgentLaura Secayda
BrokerageBetter Homes & Gardens, Winans

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