Residential Income Property with Ponds

16583 Bowling Lane Terrell, TX 75161

Claim this Listing
New
For Sale
$965,000

COMMERCIAL - Terrell, TX

Lot size:
13.90 Acres
Added:
Jul 9, 2026
Days on Market:
2
Last Refresh:
Jul 10 at 7:06 pm

Property Features for 16583 Bowling Lane

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
6632
Lot size
13.90 Acres

Taxes and HOA fees

Tax Description
BOWLING SUBDIVISION (UNFILED) LOT 2
Tax Annual Amount
6069

Utilities

Utilities
Propane
Sewer type
Septic Tank, Private Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Attic Fan, Ceiling Fan(s)
Water source
Private

Building Details

Year built
1990
Floors in Building
1
Number of units
4
Flooring type
Carpet, Laminate
Building materials
Brick
Roof type
Tile, Composition, Shingle

Listing agent Alejandro Santamaria

Listing office Keller Williams Central Richardson, TX

Listing date Jul 9, 2026

MLS# 21325978

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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 on-site. The residences are currently generating active monthly rental income.

The property is located at 16583 Bowling Lane in Terrell, Texas, with access to nearby highways while maintaining a more spread-out, private setting.

With multiple existing dwellings and on-site water features across the acreage, the site supports an ongoing income-producing setup and also offers development and redevelopment flexibility based on the current improvements.

Key Highlights

  • Approximately 13.96 acres at 16583 Bowling Lane in Terrell
  • Includes 5 slab‑built homes and 2 trailer homes, all with active monthly rental income
  • Current total rental income reported as $4,800 per month

Property Analytics

Property Profile 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 - Multifamily property on nearly 14 acres featuring multiple slab-built and trailer homes with active 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 in Terrell; Includes 5 slab‑built homes and 2 trailer homes, all with active monthly rental income; Current total rental income reported as $4,800 per month
Contact an agent
More about this property
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