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    15457 State Highway 205 Terrell, TX 75160

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    For Sale
    $435,000

    Development opportunity in a high-growth area with city services.

    Lot size:
    2.90 Acres

    Property Features for 15457 State Highway 205

    General Information

    Lot size
    2.90 Acres

    Source: Andrea Wright Agent Andrea Wright

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land on SH 205

    This property is located off of SH 205, offering high traffic and visibility in a rapidly growing area between Rockwall and Terrell, TX. It presents a development opportunity with city services already in place. The property includes two mobile homes and a 1500 sq ft barn with electric, currently used for storage. Note that a portion of the land has been acquired by TX Dot for the 205 HWY expansion, marked by orange stakes at the front of the property. The location on SH 205 offers exposure, making it suitable for business or development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Storage Facility Electrical Service Car Rental Veterinary Clinic Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.32102
    Latitude
    32.783283

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    FAQs

    What type of property is this?
    Land - Development opportunity in a high-growth area with city services.
    Where is this land located?
    The property is located at 15457 State Highway 205 Terrell, TX.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - High traffic and high visibility location on SH 205.; - Located in a fast-growing area between Rockwall and Terrell, TX.; - Suitable for business or development.
    Request Owner's contact information
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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
    15457 State Highway 205 Terrell, TX 75160
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