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    409 E College St Terrell, TX 75160

    For Sale
    $339,900

    Duplex - Terrell, TX

    Type:Duplex
    Lot size:
    0.15 Acres
    Days on Market:
    121
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 409 E College St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    APN
    40167
    Parking
    4
    Parking features
    Driveway
    Patio and Porch features
    Patio, Porch
    Interior features
    Cable Tv Available, High Speed Internet Available
    Exterior features
    Covered Patio/Porch, Storage, Fence
    Fencing
    Fenced
    Appliances
    Range
    Lot size
    0.15 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1984
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl
    Roof type
    Asphalt
    Architectural style
    Other
    Additional Structures
    Storage

    Malone and Associates (972) 900-9087 [email protected]

    Listing agent Matthew Malone (972) 564-8800 License #0562713

    Listing date Aug 12, 2025

    MLS# 20852104 Listing URL

    Copyright © 2025 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.

    Overview

    Terrell Duplex with Owner Financing

    This two-story duplex is located in Terrell, Texas. Each unit features two bedrooms and one full restroom upstairs, along with a half bath downstairs. The units include a large living area and a kitchen. A covered back patio and fenced yard are included. Open parking is available. The owner covers water expenses. Owner financing is preferred for this property, with a preferred down payment of 20% and an expected interest rate between 7% and 10%. The note will be amortized over a 30-year term, with a balloon payment due in 60 months. The current rent is $1,300 per side. Unit A has a new 12-month lease, while Unit B is currently on a month-to-month lease and has been occupied for several years. The lot size is 0.151 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.272671
    Latitude
    32.738999

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    FAQs

    What type of property is this?
    Duplex - Two-story duplex in Terrell, TX, with owner financing options.
    Where is this duplex located?
    The property is located at 409 E College St Terrell, TX.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: - Owner financing available to qualified buyers.; - Each unit features 2 bedrooms and 1.5 bathrooms.; - Currently generating rental income of $1,300 per unit.
    (972) 564-8800
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    409 E College St Terrell, TX 75160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    409 E College St Terrell, TX 75160
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