16583 Bowling Ln, Terrell, TX 75161

$965,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$965,000
MLS#
21325978
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1990
Acres
13.90
County
Kaufman
City
Terrell
Subdivision
Bowling Sub Unfiled

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!

Additional Information

Unexempt Taxes
$6,069
Tenant Pays
AllUtilities
Lot Size
605,484
Lot Description
Pond(s)
Flooring
Carpet, Laminate
Foundation
Slab
Roof
Composition, Shingle, Tile/Clay
Building Stories
1
Parking Garage
Gravel, Other
Proposed Use
Other
Inclusions
Land & Improvements
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Alejandro Santamaria from Keller Williams Central. Contact: