




1393 State Highway 7 E, Centerville, TX, 75833
About This Home
Welcome to an exceptional investment property located just outside the Centerville city limits on the highly traveled Highway 7. This rare opportunity offers 2.74 acres of versatile land paired with over 5,000 square feet of fully heated and cooled interior space, making it an ideal fit for a wide range of business operations. Currently home to a successful, long-term tenant, this property is already generating steady income — a true turn-key solution for investors seeking dependable cash flow. With its strategic location offering excellent visibility and accessibility, the potential for future appreciation is strong. Whether you're looking to expand your portfolio or secure a low-maintenance asset, this property checks all the boxes. Ample parking, modern infrastructure, and room for future development only add to its appeal. Don't miss out on this income-producing gem in a rapidly growing area!
Getting Around
Schools
Construction
Condition
- Year built: 1999
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Interior
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Details
- Parcel number: 000181000000030000000
Features
- Topography of land: Rolling
Lot
- Lot size: 2.74 Acres
- Features: 2 Up to 5 Acres
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
- Cold Wave
- Drought
- Lightning
- Strong Wind
- Tornado
- 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 | $1,516 | $18,192 |
| Home Insurance * | $393 | $4,716 |
| Property Taxes | $169 | $2,028 |
| Electricity | $549 | $6,588 |
| Total | $2,627 | $31,524 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Price change | $300,000 |
| 2026-03-05 | Price change | $310,000 |
| 2026-02-05 | Price change | $320,000 |
| 2026-01-06 | Price change | $330,000 |
| 2025-12-04 | Price change | $340,000 |
| 2025-11-03 | Price change | $350,000 |
| 2025-10-02 | Price change | $355,000 |
| 2025-09-02 | Price change | $365,000 |
| 2025-07-31 | Price change | $375,000 |
| 2025-07-01 | Price change | $385,000 |
| 2025-05-28 | Price change | $395,000 |
| 2025-05-20 | Price change | $424,950 |
| 2025-04-01 | Price change | $450,000 |
| 2025-01-11 | Listed for sale | $475,000 |
