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$54,900

TBD S Medora Street, Terrell, TX, 75160

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Welcome to this incredible vacant lot to build your dream home located in the Downtown District just minutes away from Main Street's restaurants, banking, and shopping. Great opportunity for a builder in Terrell! This lot is situated in a fast-developing area, is a fantastic prospect for a new home. The surge in new construction in the area adds to the appeal, making this an exciting prospect for builders looking to capitalize on the growing real estate market. Don't miss out on this chance and be part of the thriving development in Terrell! Over a quarter acre as well so plenty of room and space to build your dream home!

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$329 /month
Positive
Cash Flow Estimate:
$110 /month

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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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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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TBD S Medora Street | Property Details | No Agent List