$903,617
NAL Estimated Property Value19401 Fm 429, Terrell, TX, 75161
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About this property
15 Ag-Exempt Acres with Guest Apartment, Shop, RV Hookups & Stocked Ponds! If you've been searching for acreage with the right improvements already in place, this 15-acre ag-exempt property checks all the boxes. Located in Terrell, this versatile ranch offers a spacious main home, separate guest apartment, large shop with RV hookups, stocked ponds, water well, and room to make it your own. The single-story main home features over 2,700 square feet with 3 bedrooms, 2.5 bathrooms, high ceilings, and a practical layout designed for everyday living. The kitchen offers abundant wood cabinetry, extensive storage, a large island with sink, pot filler, and plenty of workspace for cooking and entertaining. Built-in cabinetry in the office and utility room provide additional storage and organization throughout the home. A separate 957-square-foot guest apartment adds flexibility with its own bedroom, full bathroom, kitchen, and private patio. Whether used for extended family, guests, a caretaker, rental income, or a home-based business, this additional living space creates endless possibilities. The property is well-equipped for those needing workspace, storage, or recreational use. The 2,200+ square-foot shop includes RV parking and hookups, making it ideal for equipment storage, hobbies, business operations, or travel accommodations. Outdoors, you'll find two stocked ponds with bass and perch, a dock for fishing and relaxing, and a fully functional water well that was tested at approximately 60-70 PSI. The gated entrance provides privacy while the agricultural exemption helps keep property taxes manageable. Whether you're looking for a homestead, hobby farm, recreational retreat, multigenerational property, or a place to operate a business from home, this property offers the land, improvements, and flexibility that are becoming increasingly difficult to find. This property truly checks all the boxes, book your private showing today!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Terrell
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