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16583 Bowling Lane, Terrell, TX 75161 (MLS # 21280178)

Price $965,000
Status Active
Beds 3
Baths 3 Baths
Home size 3,210 sqft
Lot Size 13.96 ac
Welcome to a one-of-a-kind investment and development opportunity at Terrell! Situated on approximately 13.96 acres at 16583 Bowling Lane, this versatile property offers endless potential for investors, developers, or anyone looking to create their own private Texas retreat. The property currently features 5 slab-built homes, 2 trailer homes, and 2 ponds, with all residences producing active monthly rental income, currently producing $4,800 a month. Whether you're looking for an income-producing portfolio, multi-family setup, future development project, or a place to build your dream home while generating cash flow, this property checks every box. With nearly 14 acres of usable land, the possibilities are truly endless "” continue operating as an income-producing property, redevelop and expand, create a family compound, establish a ranch-style retreat, or build your custom dream home surrounded by wide open Texas space. The combination of existing infrastructure, multiple residences, water features, and acreage makes this an incredibly rare find in the growing Terrell area. Conveniently located with quick access to nearby highways while still offering privacy and room to spread out, this property blends opportunity, flexibility, and long-term upside all in one. Opportunities like this do not come around often!
Property Type(s): Single Family
Last Updated 5/26/2026 Tract Bowling Sub Unfiled
Year Built 1990 County Kaufman

SCHOOLS

School District Terrell ISD
Elementary School Burnett
Jr. High School Furlough
High School Terrell

Additional Details

APPLIANCES Dishwasher
CONSTRUCTION Brick
INTERIOR Walk-In Closet(s)
LOT 13.96 acre(s)
LOT DESCRIPTION Few Trees
LOT DIMENSIONS 13.96
PARKING Asphalt
SEWER Public Sewer
STORIES 1
SUBDIVISION Bowling Sub Unfiled
TAXES 6069
WATER Public
 

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Listing provided by Alejandro Santamaria, Keller Williams Central
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This data was last updated on: 6/5/26 1:13 PM PDT

This IDX solution is (c) Diverse Solutions 2026.

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