Price Reduction - Views
Address
7040 County Road 131b, Terrell, TX
Price
$ 400,000
Property Attributes
- MLS#21203139
- TypeSingle Family
- Listing Status Active
- CountyKAUFMAN
- CityTerrell
- NeighborhoodCollege Mound Acres
- Zip75161
- StyleSingle Family Residence
- Year Built2023
- Taxes$ 5119
- Price$ 400,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage800
- Lot Size5 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Price History | |
|---|---|
| 3/9/2026 | Listed $450,000 |
| 5/1/2026 | 3$440,000 |
| 7/19/2026 | 5$420,000 |
| 8/12/2026 | 5$400,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Electricity Connected,Outside City Limits,Rural Water District,Septic,No City Services |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Dishwasher,Electric Cooktop,Electric Oven,Refrigerator |
| Easements | Utilities,None |
| current use | Residential,Single Family |
| Restrictions | No Known Restriction(s) |
| School District | Terrell ISD |
| Year Built | 2023 |
| Levels | One |
| Unexempt Taxes | 5119 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | College Mound Acres |
| Accessibility Features | Accessible Approach with Ramp,Accessible Bath - Full,Accessible Bedroom,Accessible Doors,Accessible Entrance,Customized Wheelchair Accessible |
| Possible Use | Agricultural,Horses,Multi-Family,Residential,Single Family |
| Transaction Type | For Sale |
| County | Kaufman |
| Property Type | Residential |
| Construction Materials | Fiber Cement |
| Year Built Details | Preowned |
| HOA Type | None |
| Full Baths | 1 |
| Status | Active |
| Directions | From I20 Take FM 2728 South .8 miles to County Road 131,turn left onto County Road 131 and go .5 miles and turn right onto County Road 131B,House is .5 miles down on the right |
| City | Terrell |
| High School | Terrell |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21203139 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
Interior Features
| Interior Features | Chandelier,Granite Counters,Open Floorplan,Paneling,Pantry |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 5 |
| Lock Box Type | Combo |
| Total Bedrooms | 1 |
| Total Baths | 1 |
| Laundry Features | Electric Dryer Hookup,Full Size W/D Area,Dryer Hookup,Washer Hookup,On Site |
Exterior Features
| Lot Features | Acreage |
|---|---|
| Vegetation | Cleared |
| Fencing | Full,Gate,Metal,Wire |
| Garage Length | 12 |
| Garage Width | 10 |
| Other Structures | Workshop w/Electric |
| Parking Features | Additional Parking,Private,RV Carport,RV Garage,Secured |
| Lot Size | 5 to < 10 Acres |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 5.0000 |
| Lot Size Dimensions | 304x636 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 217800.0000 |
| Lot Size Acres | 5.0000 |
| Patio And Porch Features | Awning(s),Covered,Deck |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75161
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor eXp Realty in Metrotex shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
