Land for Sale in Terrell, Texas

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!