12362 County Road 331a, Terrell TX, 75161
(Active)
$625,000
|
3 beds, 1 Full baths, 1,648 sqft
|
MLS# 20607263
Last Updated: 5/19/2024 3:09 PM
Description for
12362 County Road 331a
Terrell, TX 75161
3 HOMES on 2.43 Acres 1 Price -Experience having a full service Covered RV Area, barn, enormous SHOP with full Guest Quarters, and 3 HOMES included on the privacy of your acreage. This sprawling multi family or income producing property on 2.43-acres in Able Springs is a rare find. The MOST OUTSTANDING detail of this magnificent property includes a 1500 sq.ft. guest house retreat! The total property has 4500 sq.ft. overall. Guest House has a fully-equipped Kitchen, BR, 2 BA, Bar and PEACE AND Quiet. This spacious living is perfect for kids, parents, or guests including a full bath, bedroom and kitchen. Inside the main house, observe a step down living room with fireplace, den, 3 BR and an abundance of natural light. 2nd home is a darling 750 sf and currently producing income with tenant, see PNL on Transaction desk. #rd Home is Manufactured Home tenant occupied and income producing by 1 resident for over 18 years. DOCS AND PNL ARE IN MLS. NO HOA. INCOME PRODUCING OR MULTI GENERATIONAL.
Price
$625,000
Ables Spgs West
Kaufman
3
1 Full
1,648 (approx)
20607263
Active
Description
3 HOMES on 2.43 Acres 1 Price -Experience having a full service Covered RV Area, barn, enormous SHOP with full Guest Quarters, and 3 HOMES included on the privacy of your acreage. This sprawling multi family or income producing property on 2.43-acres in Able Springs is a rare find. The MOST OUTSTANDING detail of this magnificent property includes a 1500 sq.ft. guest house retreat! The total property has 4500 sq.ft. overall. Guest House has a fully-equipped Kitchen, BR, 2 BA, Bar and PEACE AND Quiet. This spacious living is perfect for kids, parents, or guests including a full bath, bedroom and kitchen. Inside the main house, observe a step down living room with fireplace, den, 3 BR and an abundance of natural light. 2nd home is a darling 750 sf and currently producing income with tenant, see PNL on Transaction desk. #rd Home is Manufactured Home tenant occupied and income producing by 1 resident for over 18 years. DOCS AND PNL ARE IN MLS. NO HOA. INCOME PRODUCING OR MULTI GENERATIONAL.
Listing Information
| Property Type: Single Family, Traditional, 1 Story | ||
| 3 | 1 Full | |
| 8 | 2.43 Acres | 1,648 (approx) |
| 1980 | Yes-1 space | Yes-2 spaces |
| 1 | Vinyl siding,Wood | |
Ables Spgs West
Combination
Septic Tank
Recreational, Residential, Vacant, Other
Neighborhood
School Information
| District: Terrell ISD | ||
| Kennedy | Furlough | Terrell |
Room Information
| Bathrooms | |||
| 1 | |||
Ceiling Fan(s)
Interior Features
Other
Combination
Central Air
Other,
Central
Guest House
1,
Propane
Other
Exterior / Lot Features
1 Garage Spaces,
2 Carport Spaces,
Additional Parking, Attached Carport, Boat, Carport, Garage, RV Access/Parking, RV Carport, Storage, Workshop in Garage, Attached
Wood, Vinyl
Composition
Driving Directions
See GPS. EXCELLENT INVESTMENT OPPORTUNITY! Could be used as Multi Generational or Income Producing as Multi Family. It is a huge corner lot with 3 homes, 1 shop with Custom guest quarters upstairs 2 BR, 1 Bath, Kitchen, Living Room, Rv Covered area and Barn.
Financial Considerations
| 18088 |
| $3,019 |
1031 Exchange, Cash, Conventional
Listing Price History
Terrell Real Estate
Terrell is located in Texas. Terrell, Texas 75161 has a population of 16,833.
The median household income in Terrell, Texas 75161 is $64,515. The median household income for the surrounding county is $74,741 compared to the national median of $66,222. The median age of people living in Terrell 75161 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/3/2024 | Active | $625,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $576 USD | -84.15% | $256,738 USD | - |
| 2022 | $3,636 USD | 35.52% | $256,738 USD | 41.63% |
| 2021 | $2,683 USD | 2.21% | $181,271 USD | - |
| 2020 | $2,625 USD | -8.38% | $181,271 USD | 50.07% |
| 2018 | $2,865 USD | 0.99% | $120,790 USD | 3.32% |