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$275,000

1008 Meridith Dr, Terrell, TX, 75160

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.74 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size11,012 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.2460.0004.0006.00.06.06
Lot Number6
SubdivisionMeridith
Land UseResidential
Legal DescriptionMERIDITH BLOCK D LOT 6
Census Tract050402
Assessed Land Value$70,000
Assessed Improvement Value$173,234
Assessment Year2025

About this property

Welcome Home to Peace, Privacy & Possibility in Terrell, TX. Tucked away in an established neighborhood where mature trees line the streets and neighbors still wave hello, this immaculate 3-bedroom home is the hidden gem you’ve been waiting for. With 1,530 square feet of beautifully maintained living space on a generous quarter-acre lot, this home checks all the boxes for comfort, charm, and connection to nature. Step inside to discover a light-filled layout that feels cozy yet open—perfect for everyday living or entertaining friends. The pride of ownership shines throughout, from the sparkling kitchen to the pristine flooring and thoughtful updates.But the real magic? It's out back. Your massive backyard opens up to acres and acres of serene green space. No back neighbors—just open skies, birdsong, and sunset views that feel like you're living on your own private retreat. Whether you’re sipping coffee on the patio, planting a garden, setting up a playset, or just enjoying the stillness, this yard is your canvas for outdoor living. Only minutes from the heart of Terrell, with shopping, schools, and dining nearby, yet far enough away to feel like you’re stepping into your own peaceful sanctuary.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$256,500Estimated Mortgage Balance
$16,017Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,774
$234,889
2025
$70,000
$173,234
$243,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,774
$234,889

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$256,500
No
First
May 7, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,983
$16,017
5%
94%
$1,538/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Terrell

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