14076 County Road 318Terrell, TX 75160

Description

RARE 5.2± ACRE RESIDENTIAL OPPORTUNITY INSIDE TERRELL CITY LIMITS! Discover land with character, mature trees, open acreage & a park-like setting offering the feel of the country near town. An approved & recorded plat creates 2 residential parcels, making this an extraordinary opportunity for 2 homes, multi-generational living, a family compound, or buyers who want to live on one parcel while preserving flexibility for the other. Two former double-wide homes have been removed, leaving valuable infrastructure in place: a tested private water well, 2 aerobic septic systems, shared electrical infrastructure & 2 RV hookups. An owned 40-panel solar system producing approximately 14.2 kWp, along with additional dedicated panels & battery backup, serves the powered garage, storage building & 2 homesites. Together, the private well & solar improvements helped keep utility costs extremely low when both former homes were occupied, offering meaningful value for future residential use. An approximately 5,000 SF covered, 2-story steel pavilion adds exceptional versatility for gatherings, recreation, covered RV or manufactured-home placement, storage, a future shop or barndominium-style conversion. With agricultural use, it could also offer potential for a covered horse arena, stalls or working pens, subject to City approval & applicable requirements. The City of Terrell has indicated residential as its desired future zoning along CR 318, creating an appealing setting for this property's next chapter. Enjoy space to garden, gather & explore, with the wooded rear portion ideal for walking, hiking or biking trails. Some floodplain lies toward the back near the neighboring creek. Located in an IRS-designated Opportunity Zone with access to Hwy 34, Hwy 80, I-20, Downtown Terrell & DFW. Property is offered together; any separate purchase would be subject to Seller approval, City requirements & applicable restrictions. Bring your vision & discover the possibilities!

Property Information

Property type

Land

Year built

2015

Lot size

5.20 acres

Days on market

118

MLS^® Listing#

21311840

Property Features

Exterior

Awning(s) · Storage · Other

Parking

Boat · RV Access/Parking

Fencing

None

Lot features

Cleared · Level · Many Trees · Sloped

Other structures

Garage(s) · Storage

Utilities

Electricity Connected

Sewer

Septic Tank

Water source

Private · Well

Schools

Elementary

Long

Middle

Furlough

High

Terrell

District

Terrell ISD

Financial Details

Annual taxes

$4,503

Parcel number

6822

Directions

Only 5 minutes from Downtown Terrell, head North on Hwy 34 for 3.5 miles, & make a left on N Frances St. Stay on N Frances for .4 miles & then, take a Right on County Road 318, in 700 feet, the property is on your Right, with chain gate across entry with combonation lock. Please note there is no SOP