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. 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!
Listed By
Agency Name: Keller Williams Central
Agency Contact: 972-835-6623
Agent Name: Alejandro Santamaria
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 2,429.13 per month $2,147.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $281.46 Homeowner's Insurance
16583 Bowling Lane | MLS# 21280178
This single family home located at 16583 Bowling Lane, Terrell, TX 75161 is currently listed for sale with an asking price of $965,000. This property was built in 1990 and has 3 bedrooms and 3 full baths with 3210 sq. ft. Bowling Lane is located in the Bowling Sub Unfiled subdivision within the Terrell ISD school district. Search Bowling Sub Unfiled real estate on www.kellyrealtors.com today.