An old house that needs repair in TV would more than likely only be worth about 100K (even on acreage these day’s) then it would still even after fixing only be worth maybe 150K (it’s still an old house).
You can find a really really nice new built after 2000 maybe 3000 sqf to 4000 sqf place 10 foot ceilings upstairs and down etc… (I have seen some on acreage even) for about 250K to 350K.
Deck’s off the Master even…
But it’s up to you (I just like the newer ones in TV, to live in anyway)