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16051 County Road 341, Terrell, TX, 75161

2beds
2baths
1,500sqft
$515,000
$343price/sqft
$3,167/moest. monthly cost
$126,680/yrincome needed

About This Home

REDUCED PRICE! Investment Property! Bring your vision and unlock the incredible potential of this approximately 18.5-acre AG-exempt property in Terrell. This is more than a home—it’s an opportunity to create the Texas lifestyle, ranch, homestead, or investment property you’ve been looking for. The acreage is the true star of this property. With open space, partial fencing, water features, and room to spread out, the possibilities are extensive. Imagine raising livestock, creating a private family compound, building a hobby farm, establishing a garden or orchard, enjoying recreational activities, or simply having the space and freedom that comes with owning acreage. The property offers the perfect canvas for those looking to expand, improve, and make it their own. Whether your dream is a small working ranch, homestead, weekend retreat, hunting and recreational property, or a long-term investment, this acreage provides the room and flexibility to bring that vision to life. The existing home provides a comfortable base while you develop the land around it. Enjoy peaceful mornings, wide-open Texas skies, beautiful sunsets, and the privacy that is increasingly difficult to find this close to the Dallas area. Don’t just buy a property—create something here. Come explore the possibilities and see what this acreage could become!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
3/10
Terrell High SchoolGrades 9-129.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Barndominium,Farmhouse
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Built-In Gas Range,Dryer,Dishwasher,Disposal,Gas Range,Plumbed For Gas,Refrigerator,Washer
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedrooms & Bathrooms

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

Dining Room

  • Level: First
  • Dimensions: 13 x 11

Features

  • Granite Counters,Kitchen Island,Open Floorplan,Natural Woodwork,Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Circulating,Free Standing,Gas,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s),Propane
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 1,500 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Granite Counters,Stone Counters
  • Level: First
  • Dimensions: 13 x 10

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 16 x 13

Master Bathroom

  • Features: Dual Sinks,En Suite Bathroom,Jetted Tub,Solid Surface Counters
  • Level: First
  • Dimensions: 14 x 8

Master Bedroom

  • Features: Ceiling Fan(s),Dual Sinks,En Suite Bathroom,Jetted Tub,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 13 x 12

Master Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Dimensions: 19 x 11

Other

  • Features: Solid Surface Counters
  • Level: First
  • Dimensions: 8 x 8

Utility Room

  • Features: Utility Sink
  • Level: First
  • Dimensions: 8 x 5

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Accessible Hallway(s)

Details

  • Parcel number: 15462

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Side Porch,Wrap Around,Covered
  • Exterior features: Garden,Rain Gutters,Storage
  • Fencing: Barbed Wire,Partial

Lot

  • Lot size: 18.50 Acres
  • Features: Acreage,Pond on Lot,Rolling Slope,Many Trees

Parking

  • Total spaces: 2
  • Parking features: Electric Gate,No Garage,Boat,RV Access/Parking
  • 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

  • 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 $2,604$31,248
Home Insurance *$306$3,672
Property Taxes $19$228
Electricity $238$2,859
Total$3,167$38,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,582/yr
40% on housing$95,010/yr
45% on housing$84,453/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

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 75161$163
Kaufman County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 75161$206
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
2026-08-12Price change$499,000
2026-07-30Price change$515,000
2026-07-03Listed for sale$525,000

For Sale by Agent

AgentLori West
BrokerageCompass RE Texas, LLC

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