Listing provided courtesy of Keller Williams Central- MLS# 21280178MLS ProviderContact Information: Alejandro Santamaria - 972-835-6623

16583 Bowling LaneTerrell, TX 75161

Single Family · 9 Beds · 7 Full Baths · 3,210 Sq. ft. | 13.96 Acres
$965,000 Active

16583 Bowling Lane Overview

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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!

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16583 Bowling Lane Facts & Features

  • Type Single Family
  • Sq. ft. 3,210
  • Price/Sq.ft. $301
  • Lot 13.96 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Terrell ISD
  • Elementary School: Burnett
  • Middle Or Junior School: Furlough,Wood
  • High School: Terrell

Building Information

  • Year Built: 1990
  • Year Built Details: Unknown

Business Information

  • Current Use: Multi-Family

Location/Region

  • Country: US
  • County Or Parish: Kaufman
  • Postal City: TERRELL
  • Subdivision Name: Bowling Sub Unfiled

Tax Information

  • Tax Annual Amount: 6069.0

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: 6632
  • Possible Use: Multi-Family,Mobile Home,Residential
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 7
  • Bathrooms Half: 0
  • Bathrooms Total: 7
  • Bedrooms Total: 9

General Information

  • Appliances: Dishwasher
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Interior Features: Walk-In Closet(s)
  • Levels: One
  • Living Area: 3210.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Asphalt,Concrete

Lot Information

  • Lot Features: Acreage,Pond on Lot,Few Trees
  • Lot Size Acres: 13.96
  • Lot Size Area: 13.96
  • Lot Size Dimensions: 13.96
  • Lot Size Source: Appraiser
  • Lot Size Square Feet: 608097.6
  • Lot Size Units: Acres
  • Road Surface Type: Dirt,Gravel
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Property Attached: Yes
  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport: No
  • Other Structures: Guest House,Mobile Home
  • Pool Features: None
  • Road Frontage Type: Farm to Market Road
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Room Information

Room: Bedroom

  • Level: First
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Room: Bedroom

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Room: Bedroom

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Room: Bedroom

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Room: Bedroom

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Room: Bedroom

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Room: Living Room

  • Level: First
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Room: Primary Bathroom

  • Level: First
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  • Features: Tile Counters

Room: Primary Bedroom

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  • Features: Ceiling Fan(s)

Room: Loft

  • Level: Second
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Ceiling Fan(s)

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16583 Bowling Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16583 Bowling Lane Market Data

Based on the last 30 days in this zip code

$489,948
Average List Price
$243
Average Price per Square Foot
7
Properties Sold
76
Average Days on Market
38
Properties for Sale
Calculations provided by Reliance Network


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