Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
3 Baths
3,982 sqft

$599,500

18589 Fm 1565, Terrell TX, 75160

Price per sqft$150.55
Built in1921
Property size3,982 sqft
Property typeResidential

Overview

Active

Updated 3 weeks ago

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.

$3,988/mo

Est. mortgage payment based on a $599,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21306181

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Basement
No

Exterior Features

Lot Size
7.25 Acres

Other Property Details

Taxes
$5,763
Tax Frequency
Annually

Listed by Bobby Spears with Oakley Real Estate, LLC
Listing Contact: 972-551-1234 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 8/27/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 North Texas Real Estate Information Systems, Inc. all rights reserved.

Data last updated on 8/27/2026 at 5:47 PM UTC

Powered by Luxury Presence