BEDS3
BATHS3 full
SQUARE FEET3,210
MLS#21280178
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBowling Sub Unfiled
SCHOOLTerrell ISD
Property Description
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
Property Type: Residential - Single Family
Lot Size: 13.96 Acres
Roof Type: Composition
Year Built: 1990
Amenities
Walk-In Closet(s)
Feature Descriptions
Appliances: Dishwasher
Days on Site: 5
Exterior: Brick
Lot: Acreage, Few Trees, Tank/ Pond
Lot Dimensions: 13.96
Parcel#: 6632
Parking: Asphalt
Parking Notes: Asphalt
Utilities: City Sewer, City Water
Local Schools
Elementary School: Burnett
School District: Terrell ISD
Listed By / Shown By
Listed By
Agency Name: Keller Williams Central
Agency Contact: 972-835-6623
Agent Name: Alejandro Santamaria
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 2,429.13 per month $2,147.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $281.46 Homeowner's InsuranceChange Payment Information
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16583 Bowling Lane | MLS# 21280178
This single family home located at 16583 Bowling Lane, Terrell, TX 75161 is currently listed for sale with an asking price of $965,000. This property was built in 1990 and has 3 bedrooms and 3 full baths with 3210 sq. ft. Bowling Lane is located in the Bowling Sub Unfiled subdivision within the Terrell ISD school district. Search Bowling Sub Unfiled real estate on www.254properties.com today.