16583 BOWLING LANE, TERRELL, TX 75161
Homes for sale in Terrell.
Homes for sale in 75161.
List Price$965,000
16583 Bowling Lane
Terrell, TX 75161
Listing #21325978
About This Property
Welcome to a one-of-a-kind investment and development opportunity at Terrell! Situated on approximately 13.96 acres at 16583 Bowling Lane, this versatile property offers endless potential for investors, developers, or anyone looking to create their own private Texas retreat. The property currently features 5 slab-built homes, 2 trailer homes, and 2 ponds, with all residences producing active monthly rental income, currently producing $4,800 a month. Whether you're looking for an income-producing portfolio, multi-family setup, future development project, or a place to build your dream home while generating cash flow, this property checks every box. With nearly 14 acres of usable land, the possibilities are truly endless -- continue operating as an income-producing property, redevelop and expand, create a family compound, establish a ranch-style retreat, or build your custom dream home surrounded by wide open Texas space. The combination of existing infrastructure, multiple residences, water features, and acreage makes this an incredibly rare find in the growing Terrell area. Conveniently located with quick access to nearby highways while still offering privacy and room to spread out, this property blends opportunity, flexibility, and long-term upside all in one. Opportunities like this do not come around often!
Property Features
Location Information
County
Kaufman
Subdivision
Bowling Sub Unfiled
Interior Features
Has Fireplace
No
Floors
Carpet, Laminate
Heating
Central, Electric
Tenant Pays
All Utilities
Cooling
Attic Fan, Central Air, Ceiling Fan(s)
Total Number of Units
4
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
605,484
Foundation
Slab
Possible Best Use
Other
Roof
Composition, Shingle, Tile
Zoning
Residential
Utilities
Propane, Sewer Available, Septic Available, Water Available
Building Total Area (Sq. Ft.)
3,210
Parking Description
Gravel, Outside
Is One Story
No
Lot Description
Acreage, Pond on Lot
Lot Description
Acreage, Pond on Lot
Lot Size in Acres
13.9
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
6069.0
Property SubType
Business
Lot Acres Source
Appraiser
Year Built
1990
Similar Listings
Mortgage Calculator
$4,506
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,477
Monthly Tax
$804
Monthly Insurance
$225
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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