$965,000

16583 Bowling Lane, Terrell, TX 75161

  • 9 beds |
  • 7 baths |
  • 3,210 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon13.96acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $301/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Active
Data Last Updated:
July 2, 2026 at 7:20PM
Listing Office:
Keller Williams Central : 469-467-7755
Listing Agent:
Alejandro Santamaria :
MLS ID:
21280178
  • General: Walk-In Closet(s)
  • Appliances: Dishwasher
  • Fireplace: Fireplaces: 0
  • General: Guest HouseMobile Home
  • Other Structures: Guest HouseMobile Home
  • Pool: None
  • Parking: AsphaltConcrete
  • Roofing: Composition
  • General: Brick1
  • Road/Access: Farm to Market Road
  • Originating MLS: NTR
  • School District: Terrell ISD
  • County: Kaufman
  • Zoning: BOWLING SUBDIVISION (UNFILED) LOT 26632
  • Current Use: Multi-Family
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Alejandro Santamaria , Keller Williams Central

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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