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Mixed-Use Land for Sale in Terrell, Texas

1008 S Virginia Ave, Terrell, TX 75160

$199,000
0.93 acres
Active
Est $1,629/mo

Prime Mixed-Use Opportunity - 1008 S. Virginia Ave, Terrell, TX

Don't miss this unique opportunity to own a versatile property located in the heart of Terrell, TX. This listing includes two adjacent parcels -- one zoned commercial (Tax ID 31808) and the other residential (Tax ID 31807) -- being sold together to maximize value and functionality.

The commercial lot offers excellent visibility and accessibility along S. Virginia Avenue, ideal for a small business, office, salon, or boutique-style retail. The residential parcel, located directly next door, provides added flexibility -- perfect for a private office, small living quarters, staff accommodations, or overflow parking. The combined footprint creates a strategic space for live work functionality or additional development potential.

The residential structure on site may not meet today's standards for a primary residence but could be creatively repurposed to support the commercial operation. Whether you're an entrepreneur, investor, or small business owner, this mixed-use setup offers endless possibilities.

Located just minutes from historic downtown Terrell and major thoroughfares, this property sits in a growing area with increasing demand for flexible-use spaces.

Key Features:

Two adjacent parcels sold together (Commercial + Residential)

Strategic corner-like visibility

Great for small business with live work or parking potential

Affordable entry into a growing market

Bring your vision and take advantage of this rare dual-zoned opportunity in Terrell. Buyer to verify all zoning, usage, and permitting details with the City of Terrell.

Location

Street address
1008 S Virginia Ave
Community
S2560
Elevation
493 feet
Coordinates
32.7277, -96.2769

Directions

US-80 E toward Terrell. exit TX-34 S 2nd St. right on TX-34 S, left on Grove St. right on S. Virginia Ave. Property on left 1008 S. Virginia Ave.

Hwy 20:

I-20 E toward Terrell. Exit TX-34 N head north. Turn right on Grove St, then right on S. Virginia Ave. Property on left 1008 S. Virginia Ave.

Property details

Lot size
0.926 acres40,337 sq ft
MLS #
NTREIS 21073074
Posted

Parcels

  • 31807

Resources

Nearby schools

NameLevelDistrictDescription
BurnettElementary

Listing history

DateEventPriceChangeSource
Oct 4, 2025New listing$199,000NTREIS
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This 0.926-acre property is located at 1008 S Virginia Ave in Terrell, TX 75160. The property is available for sale for $199,000.

Checked 36 mins ago — Updated

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