16583 Bowling Lane, Terrell, TX 75161
Bowling Sub Unfiled · Kaufman County
Key Facts
Description
Welcome to a one-of-a-kind investment and development opportunity at Terrell! Situated on approximately 13.96 acres at 16583 Bowling Lane, this versatile property offers endless potential for investors, developers, or anyone looking to create their own private Texas retreat. The property currently features 5 slab-built homes, 2 trailer homes, and 2 ponds, with all residences producing active monthly rental income, currently producing $4,800 a month. Whether you’re looking for an income-producing portfolio, multi-family setup, future development project, or a place to build your dream home while generating cash flow, this property checks every box. With nearly 14 acres of usable land, the possibilities are truly endless — continue operating as an income-producing property, redevelop and expand, create a family compound, establish a ranch-style retreat, or build your custom dream home surrounded by wide open Texas space. The combination of existing infrastructure, multiple residences, water features, and acreage makes this an incredibly rare find in the growing Terrell area. Conveniently located with quick access to nearby highways while still offering privacy and room to spread out, this property blends opportunity, flexibility, and long-term upside all in one. Opportunities like this do not come around often!
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1990
Stories
1
Living Area
3,210 sq ft
Lot Size
13.90 acres
MLS® Listing#
21325978
Property Features
Cooling
Heating
Flooring
Parking
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,069
Parcel Number
6632
Directions
follow gps
Affordability Calculator
$193,000
Estimated monthly payment
$5,136/mo
Principal $772,000 · Est. interest $1,077,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Terrell, TX
- $362,931
- Median Listing Price
- 68
- Median Days on Market
- 1,960
- Median Sq Ft
- $188
- Median Price / Sq Ft
- 221
- Active Listings
- This home’s price is 166% above the area median.
- Its price per sq ft is 60% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Terrell, TX.
Location
Points of Interest in Terrell, TX
Showing the Terrell area map.
Nearby Schools
Poetry Community Christian School
Secondary · 4.5 mi away
J W Long Elementary School
Elementary · 6.5 mi away
Terrell High School
Secondary · 6.7 mi away
Quinlan Ford High School Blue Belles Drill Team
Secondary · 6.8 mi away
Terrell Isd
School · 7.0 mi away
Dr Bruce Wood Elementary
Elementary · 7.1 mi away
Terrell Alternative Education Ctr
Secondary · 7.3 mi away
Methodist Day School
School · 7.4 mi away
D C Cannon Elementary
Elementary · 7.7 mi away
Butler Intermediate
Elementary · 7.8 mi away
Herman Furlough Junior Middle
Secondary · 8.0 mi away
W H Burnett Elementary
Elementary · 8.0 mi away
Gilbert Willie Sr Elementary
Elementary · 8.3 mi away
Thompson Middle School
Secondary · 8.5 mi away
Wills Point High School
Secondary · 10.6 mi away
Wills Point HS Football Stadium
Secondary · 10.6 mi away
Wills Point Independent School Dist
School · 10.9 mi away
Gena Mae Wishard High School
Secondary · 11.0 mi away
Boles High School
Secondary · 11.0 mi away
Earnest O Woods Int
Elementary · 11.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2722 W Alamosa Drive, Terrell, TX | $679,990 | 5 | 4 | 3,782 |
| 112 Tuttle Rd, Terrell Hills, TX | $698,000 | 3 | 3 | 2,380 |
| 112 TUTTLE RD, Terrell Hills, TX | $698,000 | — | — | 2,380 |
| 14054 County Road 352, Terrell, TX | $699,000 | 3 | 3 | 2,400 |
| 1311 Wiltshire, Terrell Hills, TX | $699,700 | 4 | 2 | 2,594 |
| 825 WILTSHIRE AVE, Terrell Hills, TX | $700,000 | 3 | 2 | 1,596 |
Moving Cost Estimate
EXIT Agents in Terrell
Listing Courtesy: Keller Williams Central - 4694677755
Presented by: Alejandro Santamaria
Last Updated: 2026-07-09