16583 Bowling Lane Terrell, TX $ 965,000
16583 Bowling Lane
$ 965,000
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16583 Bowling Lane

Terrell, TX, 75161
$ 965,000
Bedrooms3 Baths3.0 Sq 3,210

Monthly Estimate*

$ 5,942

16583 Bowling Lane, Terrell, TX 75161 - Image 1
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Single Family Home for sale in Terrell, TX

for $965,000 with 3 bedrooms and 3 full baths. This 3,210 square foot home was built in 1990 on a lot size of 13.96.

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!

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Single Family Active

Price

$ 965,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 6,069

Style

Single Family Residence

Lot Size

13.96

Year Built

1990

Town/City

Terrell

County/Region

Kaufman

MLS | Web ID

21280178

Features
Interior
Interior Features Walk-In Closet(s)
Basement Y/N 0
Dining Areas 1
Living Areas 2
Half Baths 0
Total Bedrooms 3
Total Baths 3
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Exterior
Waterfront 0
Lot Features Acreage Few Trees Tank/ Pond
Other Structures Guest House Mobile Home
Lot Size Source Appraiser
Parking Features Asphalt
Lot Size 10 to < 50 Acres
Lot Size Dimensions 13.96
Structural Style Attached or 1/2 Duplex
Garage Y/N 0
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General
Utilities City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher
School District Terrell ISD
Pool Y/N 0
Year Built 1990
Levels One
Property Subtype Single Family Residence
Subdivision Name Bowling Sub Unfiled
Transaction Type For Sale
Occupant Type Owner
County Kaufman
Property Type Residential
Construction Materials Brick
Year Built Details Unknown
Accessory Unit Y/N N
HOA Type None
Full Baths 3
Status Active
Directions follow gps
City Terrell
Elementary School Name Burnett
High School Terrell
Elementary School Burnett
Standard Status Active
Listing Terms Cash Conventional FHA
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Internal Only
Street Number 1 16583
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* Excluded Features
List By
Alejandro Santamaria

Listing Agent

Keller Williams Central

Broker

Affordability Calculator

$6,447
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,942
Monthly Property Taxes
$506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
285436 Elementary School
3676640 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
5/27/2026 $965,000 Listed Price

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16583 Bowling Lane, Terrell, TX, 75161 is a Single Family Home for sale at $965,000 with 3,210 sqft and a lot size of 13.96. 16583 Bowling Lane has 3 bedrooms, 3.0 baths, and was built in 1990. The property's zip code is 75161 which is in Terrell, TX