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6501 County Road 118, Bullard, TX, 75757

4beds
2baths
2,594sqft
$380,000
$146price/sqft
$2,513/moest. monthly cost
$100,520/yrincome needed

About This Home

Rare opportunity to own a beautifully updated 4-bedroom home with a separate 1-bedroom cottage on over 2 acres in a highly desirable area. This versatile property offers space, privacy, and income potential all in one. Recent updates include fresh paint, new flooring, and a brand-new range (not shown in photos). The main home features a spacious patio perfect for entertaining or relaxing outdoors, while energy-efficient solar panels help reduce utility costs. The separate cottage offers a full apartment—ideal for rental income, guests, or multi-generational living. A storage shed provides additional space for tools and equipment. Properties like this—with acreage, updates, and income-producing potential—don’t come along often. Enjoy the best of country-style living with convenience and flexibility.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

10/10
8/10
Bullard Middle SchoolGrades 7-83.5 mi
7/10
Bullard High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Brick and Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven-Electric

Bathroom

  • Features: Shower and Tub,Walk-In Closet(s)

Bedroom

  • Features: Guest Bedroom Split

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Separate Formal Dining

Features

  • Ceiling Fan(s)
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central/Electric
  • Cooling features: Central Electric,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,594
  • Total interior livable area: 2,594 sqft

Property

Details

  • Parcel number: 100000062501001040
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio Covered,Porch
  • Fencing: Partial

Lot

  • Lot size: 2.08 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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Flood
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 $1,921$23,052
Home Insurance *$257$3,084
Property Taxes $51$612
Electricity $284$3,418
Total$2,513$30,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,160/yr
40% on housing$75,390/yr
45% on housing$67,013/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: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 75757$194
Smith County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 75757$187
Smith County$171

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
2026-04-06Price change$393,000
2026-03-18Price change$395,000
2026-03-04Listed for sale$398,000
2020-09-09Sold--
2020-06-25Listed for sale$250,000
2017-04-03Sold--
2017-01-29Price change$216,500
2016-11-24Price change$220,000
2016-11-23Price change$215,000
2016-10-12Price change$310,000
2016-07-26Listed for sale$375,000

For Sale by Agent

AgentStacy Williams
BrokerageEbby Halliday, REALTORS®

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