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$903,617

NAL Estimated Property Value

19401 Fm 429, Terrell, TX, 75161

SoldInfo
7/10/26
Beds3 Beds
Baths3 Bath
Baths2,771 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.75 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Private Entrance, RV Hookup, Storage, Other
Lot Size15 acres

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0345.0000.0006.12.06.00
SubdivisionJno Mc Carter
Land UseResidential
Legal DescriptionJNO MC CARTER, TRACT 6.12; 15. ACRES, & 2 HOUSES & 2 HOUSES
Census Tract050602
Assessment Year2025

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!

Investor Tools

Property Icon
$903,617
Estimated Property Value
$0Estimated Mortgage Balance
$903,617Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,422 /month
Positive
Cash Flow Estimate:
$1,807 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,581
$903,617
2025
N/A
N/A
$916,771
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,581
$903,617

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$903,617
100%
0%
$0/mo

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.

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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

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19401 Fm 429 | Property Details | No Agent List