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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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18589 Fm 1565 , Terrell, TX 75160
$699,500
Est. Payment: $3,601.33/mo
3 Bed
2.5 Bath
3982 Sqft
Status: active | Days on site: 38
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Bobby Spears , and Justin Spears , Oakley Real Estate, LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
7.25

Year Built

1921

County

Kaufman

Neighborhood

A0529

School District

Terrell ISD

Listing ID

21306181

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Gas Range
Other:
  • Additional:Eat-in Kitchen, Kitchen Island, Pantry, Walk-In Closet(s), Second Primary Bedroom, ADU, Master on Main

Exterior Features

Lot:Acreage,Lrg. Backyard Grass,Many Trees,Tank/ Pond,5 to < 10 Acres
Roof:Composition
Others:
  • Additional:Covered Patio/Porch, Garden(s), Storage, Preowned
Parking Features:Driveway
Principal Interest
$3,601
Taxes
$480

Home Price

$699,500

Loan Details

30 yrs
6.674%

Down Payment

20%
$139,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,601.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,601.33 $480.25 $0.00 $4,081.58
Yearly $43,215.96 $5,763.00 $0.00 $48,978.96
Total $1,296,478.72 $172,890.00 $0.00 $1,469,368.72

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Terrell, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems