16583 Bowling Lane, Terrell, TX 75161
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: alejandro santamaria
Office: keller williams central
MLS#:21280178
Source:GDAR
Price summary
- Price:$965,000
- Price per sq. ft.:$300.62
About this home
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!...
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Home facts
- Year built:1990
- Listing ID #:21280178
- Added:41 day(s) ago
- Updated:July 07, 2026 at 11:49 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Full bathrooms:7
- Kitchen Description:Dishwasher
- Living area:3,210 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1990
- Building area:3,210 sq. ft.
- Lot area:13.96 Acres
- Lot Features:Acreage, Few Trees
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:Terrell
- Middle school:Furlough,Wood
- Elementary school:Burnett
Finances and disclosures
- Price:$965,000
- Price per sq. ft.:$300.62
- Tax amount:$6,069
Features and amenities
- Appliances:Dishwasher
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