7040 County Road 131b
Terrell, TX 75161
Listing courtesy of Roland Davis, RE/MAX Landmark Rose
About this home
Experience peaceful country living with the convenience of nearby amenities in this inviting 800 sq ft, 1-bedroom, 1-bathroom home situated on a beautiful 5-acre tract just outside Terrell in the College Mound community. This property offers the perfect blend of comfort, privacy, and usable land, making it ideal for anyone seeking a quiet retreat, a starter home, or a manageable homestead. The home features an efficient layout with a cozy living area, functional kitchen, and a comfortable bedroom and bath. With plenty of windows to bring in natural light and provide relaxing views of the surrounding acreage. Whether you’re looking to downsize, invest, or enjoy a simpler lifestyle, this home delivers practical living with room to grow. Outdoors, the property truly shines. A covered RV parking area with an attached porch and hook-ups installed provides excellent protection for your recreational vehicle, additional storage, or a shaded space to relax and enjoy the open land. With five acres to work with, there’s ample room for livestock, gardening, expansion, or future building projects. The land offers a peaceful setting with plenty of possibilities for customization. Located just minutes from Terrell’s shopping, dining, and major highways, this property provides the serenity of rural living without sacrificing convenience. Opportunities like this—manageable acreage with a move-in-ready home and RV accommodations don't come along every day -- A great chance to own land, enjoy privacy, and create the lifestyle you’ve been looking for.
Schools
- Middle
- Furlough,Wood
- High
- Terrell
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21203139
- Property Type
- Residential
- Status
- Active
- County
- Kaufman
- Subdivision
- College Mound Acres
- Lot Size
- 5.00 acres
- HOA Dues
- None
- Annual Taxes
- $5,119
- Days on Market
- 98 days
- Listed
- Jun 24, 2026
- Price per Sqft
- $550
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $2,342
- Property taxes
- $427
- Homeowner's insurance (est.)
- $128
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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