$206,196
219 Melody Ln, Terrell, TX, 75160
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About this property
Located in a beautiful, established neighborhood in Terrell, this home is surrounded by wide streets, mature trees, and convenient access to everyday essentials. The property features generously sized rooms and offers a wonderful opportunity for a buyer to bring their own vision and personal touches. While the home does need some work, it is truly a hidden gem with strong fundamentals already in place. Situated on nearly a quarter-acre lot, the property includes both a carport and a garage, providing ample parking and storage. Major updates include a roof replaced in 2021, a water heater replaced in 2023, and foundation repairs completed in October 2024. Home is being sold as-is and will require additional repairs. Buyers utilizing renovation financing (FHA 203(k) or conventional renovation loans) are encouraged.
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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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