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Days109Days on Market
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$454,500

15227 State Highway 205, Terrell, TX, 75160

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.01 acres

Land Information

APN99.0490.0000.0070.34.06.06
SubdivisionW E Sullivan
Land UseAgriculture / Farming
Legal DescriptionW E SULLIVAN, TRACT 70.34; 1.012 ACRES
Census Tract050601
Assessed Land Value$132,248
Assessment Year2025

About this property

Here’s your chance to develop in a path-of-growth corridor. This 3.03-acre parcel offers the space and flexibility needed for a wide range of commercial projects — from retail strip centers to professional office space or service-based businesses. With excellent accessibility and room for parking, signage, and future expansion, this property is designed to support both immediate development and long-term scalability. Ideal for: Retail or restaurant development, Medical or professional offices, Flex space, Investment hold for future appreciation A rare opportunity to control a sizeable commercial footprint in a developing area. In a market where commercial land is tightening, securing over 3 acres gives you leverage. Today and for the future. Let’s talk zoning, utilities, traffic counts, and development possibilities. DO NOT MISS the opportunity to own this amazing land!

Investor Tools

$119,063Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,727 /month
Positive
Cash Flow Estimate:
$909 /month

Interested in this property?

Maria Camacho

RE/MAX Four Corners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,133
$109,004
2025
$132,248
N/A
$132,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,133
$109,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Unknown
$128,000
No
First
Aug 30, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,063
N/A
0%
109%
$768/mo

Learn About the Market: Opportunity in Texas

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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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