Residential Income Property with
For Sale
$899,999
16583 Bowling Lane, Terrell, TX 75161
CommercialSale, Terrell, TX
Property SizeContact for details
Lot Size13.90 Acres
Days on Market46
Property Features for 16583 Bowling Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential
Subdivision
Bowling Sub Unfiled
Lot features
Acreage, Pond On Lot
Directions
follow gps
Standard status
Active
APN
6632
Lot size
13.90 Acres
Taxes and HOA fees
Tax Description
BOWLING SUBDIVISION (UNFILED) LOT 2
Tax Annual Amount
6069
Legal Description
BOWLING SUBDIVISION (UNFILED) LOT 2
Utilities
Utilities
Propane
Sewer type
Septic Tank, Private Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s), Attic Fan
Water source
Private
Building Details
Year built
1990
Floors in Building
1
Number of units
4
Flooring type
Laminate, Carpet
Building materials
Brick
Roof type
Tile, Shingle, Composition
Listing Agency:
Keller Williams Central · Keller Williams Realty
(469) 467-7755
Listed By:
Alejandro Santamaria
(469) 467-7755
Added: Jul 9
Changed: Aug 19
Last Checked: Aug 23 at 7:06AM
MLS# 21325978
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property on nearly 14 acres includes five slab-built homes and two trailer homes, along with two ponds on-site. The residences are currently generating active monthly rental income.
The property is located at 16583 Bowling Lane in Terrell, Texas, with access to nearby highways while maintaining a more spread-out, private setting.
With multiple existing dwellings and on-site water features across the acreage, the site supports an ongoing income-producing setup and also offers development and redevelopment flexibility based on the current improvements.
The property is located at 16583 Bowling Lane in Terrell, Texas, with access to nearby highways while maintaining a more spread-out, private setting.
With multiple existing dwellings and on-site water features across the acreage, the site supports an ongoing income-producing setup and also offers development and redevelopment flexibility based on the current improvements.
Key Highlights
- Approximately 13.96 acres at 16583 Bowling Lane in Terrell
- Includes 5 slab‑built homes and 2 trailer homes, all with active monthly rental income
- Current total rental income reported as $4,800 per month
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 75161, TX
7,552
Population
2,541
Households
3
Avg Household Size
44
Median Age
13%
College-Educated
84%
High-School Grad
112.6 sq mi
ZIP Area
67
Density / Sq Mi
$83,125
Median Household Income
$37,104
Median Earnings
$775
Median Rent
$223,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property on nearly 14 acres featuring multiple slab-built and trailer homes with active rental income.
Where is this multifamily property located?
The property is located at 16583 Bowling Lane Terrell, TX.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Approximately 13.96 acres at 16583 Bowling Lane in Terrell; Includes 5 slab‑built homes and 2 trailer homes, all with active monthly rental income; Current total rental income reported as $4,800 per month
