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Residential Income Property with Multiple Homes

16583 Bowling Lane Terrell, TX 75161

New
16583 Bowling Lane, Terrell, TX, 75161
$965,000
For Sale
$965,000

Includes five slab-built homes and two trailer homes on nearly 14 acres, with active monthly rental income.

Lot Size13.96 Acres
Days on Market3

Property Features for 16583 Bowling Lane

General Information

Standard status
Active
Lot size
13.96 Acres
Property subtype
Commercial

Building Details

Year Built
1990
Listing agency Keller Williams Central
Listed by Alejandro Santamaria
Source Cornerstonehomeandranch
Added: Jul 20 Updated: Jul 21 at 3:16PM Checked: Jul 22 at 6:04AM

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.

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

Location Intelligence

Current Use by Public Records

WillowCreek Enterprise Corporate Office

Suggested Use

Kitchen & Bath Showroom Home Appliance Store

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

FAQs

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 $965,000.
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
Contact an agent
More about this property
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