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18589 Fm 1565, Terrell, TX, 75160

3beds
3baths
3,982sqft
$699,500
$176price/sqft
$5,519/moest. monthly cost
$220,760/yrincome needed

About This Home

Endless Possibilities on 7+ Acres – Historic Charm, Multiple Homes & Income Potential Welcome to a truly one-of-a-kind property where history, versatility, and opportunity come together. Nestled on over 7 beautiful acres, this exceptional estate offers a stunning 3,982 sq. ft. main residence, multiple income-producing living spaces, abundant storage, and room to create the lifestyle you’ve always imagined. Originally built in 1921, the two-story main home blends timeless character with spacious living. Inside, you’ll find 3 bedrooms, 2.5 bathrooms, including a primary suite on the first and second floor ideal for multigenerational living or accommodating long-term guests. The heart of the home features an inviting living room centered around a classic brick fireplace, while the spacious kitchen offers a gas range, and plenty of room for gathering. A dedicated laundry room includes generous counter space and a utility sink, making everyday even more convenient. A sunroom provides the perfect place to enjoy morning coffee and peaceful views, while also offering flexibility as a second living area. Step outside and discover what truly sets this property apart. In addition to the main residence, you’ll find multiple income-producing opportunities, including: A 1-bedroom, 1-bath apartment A separate efficiency apartment An older single-wide mobile home The property includes multiple storage buildings, an older greenhouse, a covered two-car carport, and an entrance gate providing secure secondary access, and a peaceful stock pond. Whether you’re searching for a family estate, investment property, hobby farm, multi-generational living, or a place with room to grow, this remarkable property offers possibilities that are increasingly difficult to find. Properties with this much space, history, flexibility, and income potential rarely come available. Schedule your private showing today and experience everything this unique estate has to offer.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
Terrell High SchoolGrades 9-124.9 mi

Construction

Condition

  • Year built: 1921

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range

Bedroom

  • Level: Second
  • Dimensions: 15 x 15

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Breakfast Room Nook

  • Level: First
  • Dimensions: 14 x 12

Dining Room

  • Level: First
  • Dimensions: 15 x 16

Features

  • Eat-in Kitchen,Kitchen Island,Multiple Master Suites,Pantry,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Masonry,Raised Hearth,Wood Burning
  • Fireplace: Yes

Half Bath

  • Level: First
  • Dimensions: 5 x 5

Interior Area

  • Total interior livable area: 3,982 sqft

Kitchen

  • Level: First
  • Dimensions: 14 x 15

Laundry

  • Level: First
  • Dimensions: 9 x 9

Living Room

  • Level: First
  • Dimensions: 20 x 27

Master Bathroom

  • Level: First
  • Dimensions: 10 x 17

Master Bathroom

  • Level: Second
  • Dimensions: 7 x 16

Master Bedroom

  • Level: First
  • Dimensions: 15 x 15

Master Bedroom

  • Level: Second
  • Dimensions: 15 x 15

Sunroom

  • Level: First
  • Dimensions: 15 x 19

Property

Details

  • Parcel number: 14456
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Front Porch,Covered
  • Exterior features: Garden,Storage
  • Fencing: Barbed Wire,Fenced,Pipe
  • Residential vegetation: Brush,Cleared,Grassed,Partially Wooded

Lot

  • Lot size: 7.25 Acres
  • Features: Acreage,Back Yard,Lawn,Pond on Lot,Many Trees

Parking

  • Parking features: Driveway

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
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Texas Counties

Severe 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 $3,537$42,444
Home Insurance *$666$7,992
Property Taxes $879$10,548
Electricity $437$5,246
Total$5,519$66,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$189,222/yr
40% on housing$165,570/yr
45% on housing$147,173/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: 4.1%
4.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 75160$156
Kaufman County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 75160$165
Kaufman County$147

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
2026-07-23Listed for sale$699,500

For Sale by Agent

AgentBobby Spears
BrokerageOakley Real Estate, LLC

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