Residential Income Property with Multiple
For Sale
$899,999
16583 Bowling Lane, Terrell, TX 75161
Includes five slab-built homes and two trailer homes on nearly 14 acres, with active monthly rental income.
Property Size3,210 SF
Lot Size13.96 Acres
Days on Market35
Property Features for 16583 Bowling Lane
General Information
Standard status
Active
Size
3,210 SF
Lot size
13.96 Acres
Property subtype
Commercial
Zoning
Residential
Additional Details
Highway Access
Yes
Building Details
Building Size
3,210 SF
Year Built
1990
Stories
1
Units
4
Listing Agency:
Keller Williams Central
(972) 835-6623
Listed By:
Alejandro Santamaria
(972) 835-6623
Source:
Cornerstonehomeandranch
Added: Jul 20
Changed: Aug 7
Last Checked: Aug 22 at 1:07PM
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 Keller Williams Central
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. The existing residences are producing active monthly rental income of $4,800.
The setting is described as offering privacy and room to spread out while still providing quick access to nearby highways.
The combination of multiple rental dwellings, water features, and usable acreage supports several possible real estate strategies, including continued operation as an income property or redeployment of the site for additional improvements.
The setting is described as offering privacy and room to spread out while still providing quick access to nearby highways.
The combination of multiple rental dwellings, water features, and usable acreage supports several possible real estate strategies, including continued operation as an income property or redeployment of the site for additional improvements.
Key Highlights
- Approximately 13.96 acres at 16583 Bowling Lane, built in 1990
- Includes 5 slab‑built homes and 2 trailer homes
- Two ponds on the property
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway 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
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Frequently Asked Questions
What type of property is this?
Apartment building - Includes five slab-built homes and two trailer homes on nearly 14 acres, with active monthly rental income.
Where is this apartment building 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, built in 1990; Includes 5 slab‑built homes and 2 trailer homes; Two ponds on the property
