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Multifamily Property with Acreage
For Sale
$899,999

16583 Bowling Ln, Terrell, TX 75161

Multiple residences, ponds, and established rental operations occupy a private acreage setting.

Property Size3,210 SF
Lot Size13.96 Acres
Price / SF$280.37
Days on Market21

Property Features for 16583 Bowling Ln

General Information

Standard status Active
Size 3,210 SF
Lot size 13.96 Acres

Additional Details

Gross Income $57,600
Highway Access Yes
Multifamily Units 7

Amenities

ponds

Building Details

Year Built 1990
Buildings 7
Listing Agency: Keller Williams Central
Listed By: Alejandro Santamaria
Source: Minteerteam
Added: Aug 10 Changed: Aug 30 Last Checked: Aug 30 at 2:57AM

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.

Located at 16583 Bowling Lane in Terrell, this multifamily property encompasses approximately 13.96 acres and includes five slab-built homes alongside two trailer homes. Two ponds add water features to the site, while the residences are currently operated as rental units. The property was built in 1990.

The acreage provides room for continued residential income use or future property planning, subject to applicable approvals. Nearby highway access connects the site to surrounding areas while the setting retains open space and privacy. The combination of multiple dwellings, existing rental activity, ponds, and substantial land creates a multifamily asset with several documented components.

Key Highlights

  • Approximately 13.96 acres at 16583 Bowling Lane, Terrell, TX 75161
  • Five slab‑built homes and two trailer homes on the property
  • Two ponds provide on‑site water features

Property Analytics

Current Use

WillowCreek Enterprise Corporate Office

Suggested Use

Top Pick Kitchen & Bath Showroom Home Appliance Store

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

Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple residences, ponds, and established rental operations occupy a private acreage setting.
Where is this multifamily property located?
The property is located at 16583 Bowling Ln 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, Terrell, TX 75161; Five slab‑built homes and two trailer homes on the property; Two ponds provide on‑site water features
More about this property
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