7142 S Fm 148 Space, income potential, and functionality come together on this 1.99± acre Kaufman property featuring a remodeled home, guest suite, and large workshop. This 3 bed, 3 bath home PLUS bonus room for an additional ensuite bedroom all offers comfort and flexibility just minutes from Hwy 175 with an easy commute to Dallas. Inside, the open layout is filled with natural light, warm finishes, and inviting living spaces. Main living room features cozy WB fireplace, while the oversized dining area with a 2nd fireplace creates the perfect setting for gatherings. Kitchen offers ample cabinetry, generous workspace, and layout designed for everyday use. Primary suite serves as a private retreat with dual walk in closets, dual sinks, and jetted garden tub. Additional oversized suite provides flexibility for guests or extended stays, complete with updated bathroom and large walk in shower. Massive laundry room with cabinetry could double as pantry, adds convenience and storage. Outside, enjoy a park like setting with mature oak trees, a spacious deck, above ground pool, fencing, chicken coop, raised garden beds, and fire pit area perfect for evenings outdoors. Separate guest suite currently used as a short term rental offers strong income potential. Land is fully usable and ideal for animals, hobbies, or homesteading. 54'x26' workshop with three roll up doors, electric, and workbench provides excellent space for equipment, projects, or business use. Air BNB for the past 8 years with an annual income between $10, 000-12, 500. Located approximately 35 to 45 minutes from Dallas and about 15 minutes to Kaufman, with easy access to Terrell and Forney for shopping, dining, and entertainment, this property offers the space, versatility, and convenience buyers are looking for.Recent upgrades include: 2018 Roof, 2019 HVAC, 2025 WATER HEATER, 2025 LUX VINYL PLANK FLOORING THROUGHOUT. Included: Fridge, washer, dryer, lawnmower, trampoline & basketball hoop. Virtual and video tour available.