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    506 Harrell St Terrell, TX 75160

    For Sale
    $48,000

    Unimproved Land - Terrell, TX

    Type:Unimproved Land
    Lot size:
    0.16 Acres
    Days on Market:
    127
    Last Refresh:
    Dec 11 at 10:06 pm

    Property Features for 506 Harrell St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    37428
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    Mersaes Real Estate, Inc. (972) 203-9033

    Listing agent Tatiana Mendoza (972) 203-9033 License #0714284

    Listing date Aug 7, 2025

    MLS# 21005224 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

    Commercial Lot Near Downtown Terrell

    This vacant and unimproved commercial lot is located near downtown Terrell, Texas. The property, situated on Harrell Street, offers a development opportunity due to its proximity to the city center. The lot size is approximately 0.163 acres. This location provides visibility and convenience, making it suitable for a business venture or investment project within Terrell's expanding commercial corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.26894
    Latitude
    32.727087

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    FAQs

    What type of property is this?
    Commercial land - Unimproved commercial lot near downtown Terrell, prime for development.
    Where is this commercial land located?
    The property is located at 506 Harrell St Terrell, TX.
    What is the asking price?
    The asking price for this property is $48,000.
    What are key features of this property?
    This property features: - Prime commercial lot.; - Close proximity to downtown Terrell.; - Ideal for business venture or investment project.
    (972) 203-9033
    Request Owner's contact information
    506 Harrell St Terrell, TX 75160
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    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
    506 Harrell St Terrell, TX 75160
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