16583 Bowling Lane
Terrell, TX 75161
Listing courtesy of Alejandro Santamaria, Keller Williams Central
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.
- 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.