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Dual-Zoned Mixed-Use Property
For Sale
$174,000

1008 South Virginia Street, Terrell, TX 75160

Two adjoining parcels combine commercial and residential zoning for flexible business, office, living, or parking configurations.

Property Size40,325 SF
Price / SF$4.31
Days on Market363

Property Features for 1008 South Virginia Street

General Information

Standard status Active
Size 40,325 SF
Property subtype Lots & Acreage / Improved Land

Amenities

No
Listing Agency: Elite Township Properties
Listed By: Richard Carranza · License #0562377
Source: Compass
Added: Sep 2, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Township Properties

Investment Insights

Based on property information with market context.

This mixed-use offering includes two adjoining parcels conveyed together: one designated commercial and one designated residential. The commercial parcel fronts South Virginia Street and is positioned for small-scale business, office, salon, or boutique retail use. The combined property measures 40,325 square feet.

A residential structure is located on the adjoining parcel. The existing building may not satisfy current primary-residence standards, but the source information identifies potential for office, living quarters, staff accommodations, or parking support. The property is in Terrell, near historic downtown and major thoroughfares. Zoning, permitted uses, and any required development or occupancy approvals should be independently confirmed with the City of Terrell.

Key Highlights

  • Two adjacent parcels sold together with commercial and residential zoning
  • Combined property size of 40,325 square feet
  • Commercial parcel fronts South Virginia Street

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Storage Facility Electrical Service Plumbing Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 75160, TX

26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjoining parcels combine commercial and residential zoning for flexible business, office, living, or parking configurations.
Where is this mixed-use property located?
The property is located at 1008 South Virginia Street Terrell, TX.
What is the asking price?
The asking price for this property is $174,000.
What are key features of this property?
This property features: Two adjacent parcels sold together with commercial and residential zoning; Combined property size of 40,325 square feet; Commercial parcel fronts South Virginia Street
More about this property
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