Paragon Realtors Real Estate

18589 Fm 1565Terrell, TX 75160Price: $699,500

  • Price: $699,500
  • Est. Mortgage of $/month
  • 4 Days on Market
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%
$/month over payments
Federal 30-year interest rate: 6.58% last updated on Jul 23, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $699,500List Price
  • 3Bedrooms
  • 3Bathrooms
  • 7.25Acreage
  • 3,982Square Feet

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Listed by Bobby Spears of Oakley Real Estate,LLC (972-551-1234)
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.

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Property Details of 18589 Fm 1565

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Based on information submitted to North Texas Real Estate Information Services as of July 26, 2026 11:20 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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