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$679,000

2099 Fm 1566 W, Celeste, TX, 75423

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,301 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$521.91 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDisposal, Electric Cooktop, Electric Oven, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size26.53 acres

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APN0878-W190-0000-61
SubdivisionRagsdale Martin H
Land UseResidential
Legal DescriptionA0878 RAGSDALE MARTIN H,TRACT W19, ACRES 26.526
Census Tract960300
Assessed Land Value$17,400
Assessed Improvement Value$207,170
Assessment Year2025

About this property

Nestled atop a gentle hill and brimming with charm, this farmhouse offers sweeping, panoramic views across 24 expansive acres of serene countryside. This thoughtfully crafted home features two cozy bedrooms and two full bathrooms, skillfully blending rustic charm with contemporary comforts. With a durable metal roof overhead and a welcoming L-shaped porch that wraps around the home, you're invited to enjoy tranquil mornings or peaceful evenings immersed in nature. Inside, an open-concept layout invites you to relax and connect. Cathedral ceilings soar through multiple rooms—including the living area and dining room—creating an airy, expansive feel that enhances the natural lighting. The dining room is anchored by beautiful shiplap walls, lending a refined rustic touch that’s both timeless and inviting. In the living area, a wood-burning stove adds warmth and character—perfect for creating cozy evenings. Outdoors, the property features 3 peaceful ponds that add beauty and calm to the landscape. A sturdy fence surrounds the land, making it easy to keep livestock secure or divide grazing areas. There’s also a custom-built chicken coop—ideal for fresh eggs or a touch of farm living charm. Gather around the fire pit on star-filled nights, or explore the open acreage by gardening, walking, or simply enjoying the fresh air. This exceptional property unites rural tranquility with modern amenities to create a unique lifestyle experience. The possibilities are endless.

Investor Tools

Property Icon
$707,000
Estimated Property Value
$160,000Estimated Mortgage Balance
$398,480Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,242 /month
Positive
Cash Flow Estimate:
$1,414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,044
$224,570
2025
$17,400
$207,170
$610,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,044
$224,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Conventional
$160,000
No
First
Dec 14, 2017
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,520
$398,480
56%
44%
$2,124/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Celeste

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2099 Fm 1566 W | Property Details | No Agent List