




$282,000
NAL Estimated Property Value7792 County Road 131, Terrell, TX, 75161
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MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST *CASH ONLY* OFFER DEADLINE IS SUNDAY, NOVEMBER 5, 2023 BY 12:00 PM NOON - 2-STORY, 3 BEDROOM, 2 BATH FARM HOUSE ON 3.32 ACRES! INTERIOR FEATURES INCLUDE A LARGE OPEN LIVING ROOM WITH VAULTED PINE CEILINGS AND KITCHEN WITH BREAKFAST AREA THAT OPENS TO A LARGE COVERED BACK PATIO. THE KITCHEN FEATURES GRANITE COUNTERTOPS, LOTS CABINET SPACE AND BREAKFAST BAR. THE UPSTAIRS FEATURES A LARGE ROOM THAT COULD BE USED AS A GAME ROOM, SECOND MASTER OR GUEST BEDROOM. EXTERIOR FEATURES INCLUDE A LARGE 30 X 40 SHOP-BARN WITH DOG RUN, CHICKEN COOP AND COVERED PARKING AREA FOR EQUIPMENT STORAGE. THE PROPERTY IS FENCED AND CROSS-FENCED. CLOSE TO I-20 FOR EASY COMMUTE TO DALLAS OR TO THE TERRELL CROSSROADS FOR SHOPPING AND DINING! THE HOME NEEDS EXTENSIVE REPAIRS BUT HAS TONS OF POTENTIAL! WILL NOT QUALIFY FOR FHA FINANCING.
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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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