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$775,000 Just Listed
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Property Description
HORSE & LIVESTOCK-READY, AG-EXEMPT RANCH WITH NEWLY PAINTED & REFRESHED HILL COUNTRY STYLE HOME IN HEART OF POETRY, TEXAS! Discover the perfect blend of country living & everyday convenience on this beautifuL 25.651-acre ranch in highly sought-after Poetry. Conveniently located less than one hour from Dallas, this ranch has easy access to Rockwall, Royse City, Terrell, Greenville, Quinlan & major highways connecting to the DFW Metroplex. Enjoy the rural lifestyle buyers crave without sacrificing city amenities. A gated entrance welcomes you to a picturesque setting featuring a charming 3-2 Texas Hill Country style home, two ponds, sandy loam soils, mature trees, barn with storage & workshop area, & fenced & cross-fenced pastures ready for horses, cattle, or recreational use. Five-stall horse barn, storage & workshop area, run-in sheds, & large stallion-safe paddock which could be used as an arena. The refreshed & move-in ready custom home offers 2,050 SF of comfortable living space filled with rustic charm & featuring easy-care stained concrete floors, handcrafted wood cabinetry, granite counters, SS appliances, gas range, stone fireplace, & expansive views. Large primary suite has ensuite bath with separate tub & shower & two closets. Secondary bedrooms share full bath with new walk-in shower. Outdoor living is equally impressive with large covered front & back porches designed for enjoying peaceful sunrises, evening gatherings & panoramic views. Two car attached carport, flagstone patio extension with stone garden, native landscaping, dog run & chicken coop. Whether you're searching for a horse property, hobby farm, cattle operation, weekend retreat, or full-time country residence, this turnkey ranch offers a rare opportunity to enjoy the beauty & lifestyle of Poetry while remaining close to shopping, dining & employment centers throughout NE Texas. Extra 1.85 acres included for your enjoyment on Dallas waterline ROW, totaling nearly 27.5 usable acres.
Full Property Details
Full Property Details for 17948 Fm 986
General
- Price: $775,000
- Taxes: $18,089
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21393573
- Updated: 10/6/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Open Floorplan, Pantry, Natural Woodwork, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Blower Fan, Living Room, Raised Hearth, Stone, Wood Burning
- Appliances: Some Gas Appliances, Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator
- Flooring: Carpet, Concrete, Ceramic Tile, Painted/Stained
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
- Equipment: Other
Exterior
- Exterior Features: Awning(s), Dog Run, Garden, Private Entrance, Private Yard, Rain Gutters, Storage, Uncovered Courtyard
- Porch/Patio/Deck: Awning(s), Rear Porch, Front Porch, Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached Carport, Covered, Driveway, Gravel, Kitchen Level, Lighted, Private, Side By Side
Location
- County: Kaufman
- Subdivision: Wm Smith
- Driving Directions: From Terrell, take FM 986 north and turn right at the sign. From Rockwall or Royse City, take FM 548 south and take the Y to the left at Poetry Road. Turn right onto FM 986 and the property is 0.4 miles down on your left.
School Information
- Elem School District: Terrell ISD
- Midd School District: Terrell ISD
- High School District: Terrell ISD
- Elementary School: Wood
- Middle School: Furlough
- High School: Terrell
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Fireplace(s), Propane
Utilities
- Sewer: Aerobic Septic, Private Sewer, Septic Tank
- Water: Community/Coop, Rural
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Propane, Overhead Utilities, Sewer Available, Septic Available, Separate Meters, Water Available
- # Water Meters: 1
Structural Information
- Property Detached: Yes
- Architectural Style: Modern, Other, Prairie, Ranch, Southwestern, Traditional, Detached, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Concrete
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 2,050 Sq. Ft.
- Current Bldg. Use: Agricultural, Grazing, Horses, Livestock, Pasture, Ranch, Residential, Recreational, Single Family
- Year Built: 1998
- Property Condition: Resale
Additional Structures
- Other Structures: Kennel/Dog Run, Outbuilding, Poultry Coop, Shed(s), Storage, Workshop, Barn(s), Stable(s)
Lot Features
- Property View: Water
- Lot Size (Acres): 25.651
- Lot Size (Sq. Ft.): 1,117,357.56
- Lot Size Source: Estimated
- Frontage: Farm to Market Road, State Road, Asphalt
- Topography: Level
- Lot Features: Acreage, Agricultural, Back Yard, Cleared, Lawn, Landscaped, Native Plants, Pasture, Pond on Lot, Many Trees, Few Trees, Level
- Potential Use: Agricultural, Cattle, Grazing, Horses, Livestock, Pasture, Poultry, Ranch, Residential, Recreational, Single Family
- Trees/Vegetation: Cleared, Grassed, Partially Wooded
- Fencing (Description): Cross Fenced, Gate, Pipe, Wire
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn, Loafing Shed, Stable(s), Tack Room, Water Source, Wash Rack
Water Features
- Water View: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $18,089
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Legal Description: WM SMITH, TRACT 22.13; 7.05 ACRES, & HOUSE
- Exclusions: No exclusions - mounted TV in living room stays, refrigerator in kitchen stays, any remaining portable sheds and feeders stay
- Property ID: 12361
Listed by Sarah Boyd & Co, Mica Pryor
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Price & Sales History for 17948 Fm 986
Date
Details
Price
Change
Source
10/05/2026
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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