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Waterfront Land with Lake
For Sale
$11,118,400

FM 429, Terrell, TX 75161

Land, Terrell, TX

Property SizeContact for details
Lot Size347.00 Acres
Days on Market166

Property Features for FM 429

General Information

Property type Land
Property subtype Other
Subdivision A0540
Lot features Acreage
Elementary school Cannon
Middle school Thompson
High school Ford
Elementary school district Quinlan ISD
Middle school district Quinlan ISD
High school district Quinlan ISD
Directions Head west on US-80 W out of Terrell toward Forney Take the exit toward FM 548 FM 740 Forney area Turn right onto FM 548 N if coming from US-80 W Turn left onto a local road toward the destination coordinates
Standard status Active
APN 15086
Lot size 347.00 Acres

Utilities

Water front features Lake Front
Water front 1
Listing Agency: Allie Beth Allman & Assoc. · Berkshire Hathaway HomeServices
Listed By: John Scoggins · License #0632067
Added: Mar 20 Changed: Aug 19 Last Checked: Sep 1 at 2:06PM
MLS# 21213576

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 347-acre waterfront land tract includes a 38-acre lake with lake frontage, elevation, and a rocky lakebed associated with clear water conditions. Mature Black Hickory, Blackjack Oak, Cedar Elm, Mexican Plum, Pecan, Bur Oak, Post Oak, and other trees are present across the property. Sandy loam soil supports pastureland used for livestock grazing, while the existing lake provides swimming and fishing opportunities described in the property information.

The property is located on FM 429 in Terrell, Texas, approximately 45 minutes from Dallas. A former rock and sand operation is also present, along with areas identified for future development or construction-site preparation. The tract is covered by a wildlife exemption.

Key Highlights

  • 347‑acre waterfront land tract on FM 429 in Terrell, TX
  • 38‑acre lake with Lake Front waterfront features
  • Approximately 45 minutes from Dallas

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

6
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Lakefront acreage with mature trees, pastureland, and a former rock and sand operation near Terrell.
Where is this waterfront land located?
The property is located at FM 429 Terrell, TX.
What is the asking price?
The asking price for this property is $11,118,400.
What are key features of this property?
This property features: 347‑acre waterfront land tract on FM 429 in Terrell, TX; 38‑acre lake with Lake Front waterfront features; Approximately 45 minutes from Dallas
More about this property
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