Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$280,000

NAL Estimated Property Value

15693 State Highway 205, Terrell, TX, 75160

$364,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$316.22 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size2.22 acres

Land Information

APN99.0490.0000.0045.08.06.06
SubdivisionW E Sullivan
Land UseOther
Legal DescriptionW E SULLIVAN, TRACT 45.08; 2.222 ACRES, LINK W/46639 LINK W/46639
Census Tract050601
Assessed Land Value$150,934
Assessed Improvement Value$34,571
Assessment Year2025

About this property

Welcome to this must see 2.2 acre versatile property with residential and commercial opportunities! This lot offers endless possibilities making it an ideal choice for those looking for a family home or a new location for their business. Nestled in a prime location along bustling Hwy 205, recently annexed into the City of Terrell and a short drive to Rockwall and Dallas, this property ensures that you’ll capture attention and convenience. At the heart of this property lies a well-kept double wide, designed for comfort and functionality. The interior boasts custom cabinets and built-ins that add a touch of practicality to the living space. Enjoy your nights relaxing from the large covered front and back porches. The property is fully fenced, providing security and privacy for your endeavors. Additionally, you will find a 24x14 storage building and 25x25 workshop both equipped with electricity that are excellent spaces for equipment, hobbies or business operations. Don’t miss this rare opportunity to own a versatile property that combines the comfort of home with the potential for business development in the ever growing city of Terrell! Schedule your viewing today!

Investor Tools

Property Icon
$280,000
Estimated Property Value
$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$364,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,237
$148,239
2025
$150,934
$34,571
$185,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,237
$148,239

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$280,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

15693 State Highway 205 | Property Details | No Agent List