




$377,568
NAL Estimated Property Value15647 County Road 355, Terrell, TX, 75161
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About this property
This is a rare opportunity at 15647 & 15655 County Road 355 in Terrell, TX 75161, offering two properties for the price of one on a spacious 3-acre lot. Both units have separate water meters and electric service, making it ideal for multi-family living or rental income. The main home features approximately 1,475 sq ft with 3 bedrooms and 2 fully renovated bathrooms, along with a bright living and dining area. The property has been completely updated with a new kitchen including modern cabinets, countertops, and appliances, as well as new flooring, carpet, windows, HVAC system, roof, water heater, and foundation repair with warranty. The second unit offers approximately 750 sq ft with a 1 bedroom, 1 bathroom studio-style layout, including a spacious 13x13 room, and has also been fully renovated with a new kitchen, new bathroom, new flooring, new carpet, and a new roof. In addition, the property includes an approximately 2,000 sq ft metal shop with 4 garage doors and parking space for up to 10 vehicles, perfect for a workshop, business use, or extra storage. This property offers incredible flexibility and value with endless possibilities for investors, business owners, or multi-generational living, plus a huge bonus of space and functionality.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Terrell
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