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16583 Bowling Lane

Terrell, TX 75161

Listing courtesy of Alejandro Santamaria, Keller Williams Central

$965,000
Active
Beds
9
Baths
7
Sqft
3,210
Year Built
1990

About this home

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!

Schools

Elementary
Burnett
Middle
Furlough,Wood
High
Terrell

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21280178
Property Type
Residential
Status
Active
County
Kaufman
Subdivision
Bowling Sub Unfiled
Lot Size
13.96 acres
HOA Dues
None
Annual Taxes
$6,069
Days on Market
23 days
Listed
May 26, 2026
Price per Sqft
$301

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$5,923/mo
Principal & interest
$5,136
Property taxes
$506
Homeowner's insurance (est.)
$281

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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 May 26, 2026