404 Fm 1566 W, Wolfe City, TX, 75496
About This Home
Exceptional opportunity to own expansive Texas acreage just outside Wolfe City. This versatile property spans approximately 89 acres, offering a mix of open pastureland and natural surroundings ideal for livestock, recreation, or future development. The existing residence features 2 bedrooms and 2 bathrooms with approximately 1,600 square feet of living space. Originally built in 1965, the home has seen several valuable updates including spray foam insulation added in 2017, a new HVAC system, new windows, and a new metal roof—providing improved energy efficiency, comfort, and long-term durability. The home offers a functional layout and serves as a great foundation for a primary residence, weekend retreat, or ranch headquarters. The land is the true highlight—wide open spaces, scenic views, and ample room for agricultural use, livestock, hunting, recreation, or building your dream ranch estate. With extensive road frontage along FM 1566, the property offers excellent accessibility and potential for subdivision or long-term investment. Enjoy peaceful country living while still being within reasonable proximity to Greenville and surrounding North Texas areas. Whether you're looking for a working ranch, recreational property, or investment land, this property delivers size, versatility, and opportunity.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Gas Oven,Gas Range
- Laundry features: Laundry in Utility Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Dimensions: 14 x 8
Family Room
- Level: First
- Dimensions: 11 x 9
Features
- Decorative/Designer Lighting Fixtures,High Speed Internet,Kitchen Island
- Window features: Window Coverings
- Flooring: Carpet,Laminate,Tile
Heating & Cooling
- Heating features: Central,Propane
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total interior livable area: 1,628 sqft
Kitchen
- Level: First
- Dimensions: 14 x 15
Living Room
- Level: First
- Dimensions: 11 x 18
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 13 x 17
Property
Details
- Parcel number: 102096
- Exclusions: Kitchen fridge,tv's and mounts
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered
- Fencing: Barbed Wire
Lot
- Lot size: 89.35 Acres
Parking
- Parking features: Outside
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
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Strong Wind
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,067 | $72,804 |
| Home Insurance * | $658 | $7,896 |
| Property Taxes | $289 | $3,468 |
| Electricity | $238 | $2,859 |
| Total | $7,252 | $87,024 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $1,200,000 |
| 2025-04-15 | Listing removed | $1,600,000 |
| 2024-04-18 | Listed for sale | $1,600,000 |
For Sale by Agent
View on Zillow