$325,000

102 N Cedar St Celeste, TX 75423

Estimated payment $2,053/month

3 Beds
2 Baths
1,932 Sq Ft
$168 Price per Sq Ft

Highlights

  • Double Oven
  • Tankless Water Heater
  • 2 Detached Carport Spaces
  • Walk-In Closet
  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring

About This Home

Rare investment opportunity in the growing community of Celeste! This 3-bedroom, 2-bath home offers 1,932 sq ft on an oversized lot just under half an acre, providing multiple income-producing possibilities for investors. Recent updates include fresh exterior paint, new flooring and paint in two bedrooms, a brand-new tankless water heater, and additional improvements throughout. What makes this property truly unique is the additional earning potential with back-to-back lots, creating opportunities for expansion, additional rental potential, future development, or resale opportunities. The large lot configuration offers flexibility that is hard to find in today’s market. Located in an up-and-coming area with new construction and redevelopment nearby, this property is conveniently positioned near schools, shopping, and major highways while still offering small-town charm. Whether you’re looking for a buy-and-hold rental, property investment strategy, or value-add project, this property delivers exceptional upside potential. Property to be sold AS-IS. Sellers are motivated BRING ALL CASH OFFERS! Lot at 103 N Fir St (directly behind) is also available to purchase for even more investment potential. MLS number 21265463

Listing Agent

Laura Secayda

Better Homes & Gardens, Winans Brokerage Phone: 972-774-9888 License #0824617 Listed on: 05/09/2026

Better Homes & Gardens, Winans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1974

Lot Details

  • 16,117 Sq Ft Lot
  • Wire Fence
  • Brush Vegetation
  • Many Trees
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Electric Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Garage
  • 2 Detached Carport Spaces
  • Driveway
  • Additional Parking
  • Off-Street Parking

Schools

  • Celeste Elementary School
  • Celeste High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 5B / 4
  • Assessor Parcel Number 75370

Community Details

Overview

  • 1,932 Sq Ft Building
  • Patterson Add Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,818

Year Built

Built in 1974

Lot Details

0.37 Acres

Listing Details

  • OWNERNAME: see tax records
  • Property Type: Residential Income
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 972-774-9888
  • CapRate: 5.54
  • Co List Office Mls Id: BHGW01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48231:75370
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Double Oven, Electric Oven, Electric Water Heater, Gas Cooktop, Tankless Water Heater
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard, Other, Wire
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric, Other
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Additional Parking, Carport, Detached Carport, Driveway, Garage, Off Street
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas, Other
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Celeste
  • High School: Celeste
  • Junior High Dist: Celeste ISD

Lot Info

  • Lot Features: Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.37
  • Parcel Number: 75370
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117.2

Building Info

  • Year Built: 1974
  • Units Total: 1
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 4
  • Tax Lot: 5B
  • Tax Annual Amount: 3818.0

Multi Family

  • Annual Gross Income: 18000.0
  • Property Net Operating Income: 18000.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,893 $236,330 $52,230 $184,100
2024 $2,893 $215,660 $52,230 $163,430
2023 $2,893 $187,264 $0 $0
2022 $3,780 $170,240 $21,800 $148,440
2021 $1,881 $143,120 $15,200 $127,920
2020 $1,840 $78,720 $7,790 $70,930
2019 $1,772 $71,130 $7,790 $63,340
2018 $1,662 $62,700 $7,790 $54,910
2017 $1,512 $53,360 $7,790 $45,570
2016 $1,353 $45,770 $7,790 $37,980
2015 $1,242 $39,610 $7,790 $31,820
2014 $1,242 $40,880 $7,790 $33,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2026 05/09/26 For Sale $325,000 +41.3% $168 / Sq Ft
09/08/2023 09/08/23 Sold -- -- -- View Prior Sale
08/16/2023 08/16/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $230,000 -2.1% $119 / Sq Ft
05/10/2023 05/10/23 For Sale $235,000 -- $122 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $207,000 Seller Take Back
Previous Owner $164,900 New Conventional
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21265459

North Texas Real Estate Information Systems (NTREIS)

APN: 75370

Texas Hunt County Celeste 75423

102 N Cedar St, Celeste, TX

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North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

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Better Homes & Gardens, Winans
(430) 267-0703
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