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$109,000

TBD FM 1566, Celeste, TX, 75423

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Looking for a quiet place to call your own? This gorgeous lot is filled with mature trees that create shade, privacy, and the perfect backdrop for your dream home. With 484 feet of road frontage, a culvert and gated entrance, plus a piped fence across the front, much of the work has already been done for you! Tucked outside of city limits, you’ll love the peaceful atmosphere and slower pace of country living, all while still being just a short drive from town. Deed restrictions help keep the area well-kept and charming—(sorry, no mobile homes). Whether you’re looking to build your dream home or invest in land for the future, this property provides an excellent opportunity in a serene setting.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month

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Financing Details

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

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: Celeste

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