Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days43Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$599,500

18589 Fm 1565, Terrell, TX, 75160

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,982 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.55 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Range

Exterior

Exterior FeaturesStorage, Garden

About this property

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.

Investor Tools

$0Estimated Mortgage Balance
$327,597Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,597 /month
Positive
Cash Flow Estimate:
$1,199 /month

Interested in this property?

Bobby Spears

Oakley Real Estate, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Terrell

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

18589 Fm 1565 | Property Details | No Agent List