16583 BOWLING LANE, TERRELL, TX 75161

Homes for sale in Terrell.

Homes for sale in 75161.


Active

List Price$965,000

16583 Bowling Lane

Terrell, TX 75161

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21325978

3,210

Square Feet

4

Number of Units

Commercial

Type

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.

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