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7040 County Road 131b

Terrell, TX 75161

Listing courtesy of Roland Davis, RE/MAX Landmark Rose

$440,000
Active
Beds
1
Baths
1
Sqft
800
Year Built
2023

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.

$2,897/mo
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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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 24, 2026