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$499,900

203b N Rockwall Avenue, Terrell, TX, 75160

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,633 Sq Ft
price_per_sqft$107.9 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

Must-Sell

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesNone
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

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!

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /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
$X/month
No HOA
5.947%

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.

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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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203b N Rockwall Avenue | Property Details | No Agent List