




$425,000
NAL Estimated Property Value15693 State Hwy 205, Terrell, TX, 75160
Highlights
Interior
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!
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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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