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Days36Days on Market
Views1view
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$389,000

205 S. Fm 148, Terrell, TX, 75160

On MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size18,905 sqft

Land Information

APN00.0890.0000.0001.00.06.06
Lot Number1R
SubdivisionDewberry 4th
Land UseCommercial
Legal DescriptionDEWBERRY 4TH, BLOCK 2, LOT 1R; (REPLAT 3/228) (REPLAT 3/228)
Census Tract050500
Assessed Land Value$170,145
Assessment Year2025

About this property

Prime .43-acre commercial lot located on FM 148 in Terrell, TX with excellent visibility and easy access. Zoned commercial and ideal for a variety of uses including office, retail, service business, or investment. High traffic location with great potential for future development. Utilities available and ready for your vision. Endless possibilities in a growing area of Kaufman County.

Investor Tools

Property Icon
$170,145
Estimated Property Value
$0Estimated Mortgage Balance
$75,601Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

Interested in this property?

Cory Wiggins

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,995
$170,145
2025
$170,145
N/A
$170,145
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,995
$170,145

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Araceli Cardoso
Seller Carryback / Seller Financing / Seller Take-Back
$114,000
No
First
Jan 19, 2018
May 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,544
$75,601
44%
56%
$684/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.

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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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205 S. Fm 148 | Property Details | No Agent List