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Days251Days on Market
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$499,900

203 N Rockwall Ave, Terrell, TX, 75160

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,386 Sq Ft
price_per_sqft$124.03 / sqft
Year BuiltBuilt in 1922

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Heating GasHeating Gas
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,427 sqft

Building Information

Year Built1922
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.4070.0105.0001.02.06.06
Lot Number1C
SubdivisionWestern
Land UseResidential
Legal DescriptionWESTERN BLOCK 105 LOT 1C PP# PE000-0420-00
Census Tract050300
Assessed Land Value$47,446
Assessed Improvement Value$334,215
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION! DON'T MISS THIS RARE OPPORTUNITY TO OWN ONE OF THE LAST REMAINING STAND-ALONE COMMERCIAL BUILDINGS IN DOWNTOWN TERRELL. THIS UNIQUE TWO-STORY BUILDING FEATURES 4,633 SQ. FT., THREE FULL BATHS, AND TWO KITCHEN AREAS—ONE ON EACH FLOOR. WITH SEPARATE EXTERIOR ACCESS TO THE SECOND STORY, IT’S A FANTASTIC INVESTMENT OPTION, ALLOWING EACH FLOOR TO BE LEASED TO DIFFERENT TENANTS, EACH WITH THEIR OWN KITCHEN AND FULL BATH. THE PROPERTY ALSO INCLUDES A CARPORT, GATED ENTRY WITH KEYPAD AND ELECTRIC GATE, A CIRCULAR DRIVEWAY, AND A 785 SQ. FT. INSULATED SHOP WITH ELECTRICITY AND A ROLL-UP DOOR! PROPOSED USES COULD INCLUDE A BED AND BREAKFAST, LEGAL,TITLE,INSURANCE OFFICE! *INTERIOR PICTURES AVAILABLE UPON REQUEST AS AN ESTATE SALE IS CURRENTLY UNDERWAY.

Investor Tools

$0Estimated Mortgage Balance
$544,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Byron Cashion

Hottinger Real Estate, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,451
$216,823
2025
$47,446
$334,215
$381,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,451
$216,823

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$544,000
100%
0%
$0/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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203 N Rockwall Ave | Property Details | No Agent List