7 months on rocket

12362 County Road 331a, Terrell, TX, 75161

$625,000

Home List Price

$7,422*

Closing Credit

8 Bedrooms
4 Full Baths
5,132 SqFt
$122/SqFt
House
Schools Nearby

Location

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12362 County Road 331a, Terrell$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAttached Carport, Additional Parking, Boat, Carport, Garage, RV Carport, RV Access/Parking, Storage, Workshop in Garage
Attached Garage1 space
Year Built1980
HeatingCentral
CoolingCentral Air
FireplacePropane
MLS #20421344
Lot Size2.43 Acres
StatusActive

About 12362 County Road 331a

3 HOMES on 2.43 Acres 1 Price -Experience having a full service Covered RV Area, barn, enormous SHOP with full Guest Quarters, and 3 HOMES included on the privacy of your acreage. This sprawling multi family or income producing property on 2.43-acres in Able Springs is a rare find. The MOST OUTSTANDING detail of this magnificent property includes a 1500 sq.ft. guest house retreat! The total property has 4500 sq.ft. overall. Guest House has a fully-equipped Kitchen, BR, 2 BA, Bar and PEACE AND Quiet. This spacious living is perfect for kids, parents, or guests including a full bath, bedroom and kitchen. Inside the main house, observe a step down living room with fireplace, den, 3 BR and an abundance of natural light. 2nd home is a darling 750 sf and currently producing income with tenant, see PNL on Transaction desk. #rd Home is Manufactured Home tenant occupied and income producing by 1 resident for over 18 years. DOCS AND PNL ARE IN MLS. NO HOA. INCOME PRODUCING OR MULTI GENERATIONAL.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 5,132 SqFt

Listing Office:

  • Office Name: RE/MAX Four Corners
  • Office Phone: (972) 396-9100
  • Listing Agent: Kim Johnson

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Combination
  • Interior: Other
  • Fireplace: Propane

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Carport, Additional Parking, Boat, Carport, Garage, RV Carport, RV Access/Parking, Storage, Workshop in Garage

Virtual/3D Tour

  • Virtual Tour: 12362 County Road 331a

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Lot Features

Lot Information:

  • Lot Size: 2.43 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: See GPS. EXCELLENT INVESTMENT OPPORTUNITY! Could be used as Multi Generational or Income Producing as Multi Family. It is a huge corner lot with 3 homes, 1 shop with Custom guest quarters upstairs 2 BR, 1 Bath, Kitchen, Living Room, Rv Covered area and Barn.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $2,625
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Terrell, TX.

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Terrell, TX

City

Med. List Price

$310.1K

Med. Price/SqFt

$181

Avg. Days On Market

95

# of Sold Homes

22

12362 County Road 331a vs Terrell

230 DAYS ON ROCKET

+135 Days

$625,000

+$314.8K More

$122/SqFt

-$60 Less

KEY TAKEAWAY

This property is $314.8K more than the Median List Price and $60/SqFt less than other homes in Terrell, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20421344

Listing Office:

  • Office Name: RE/MAX Four Corners
  • Office Phone: (972) 396-9100
  • Listing Agent: Kim Johnson

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/3/2024, 2:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,625$181,271
2019$2,746$120,790
2018$2,865$118,070
2017$2,837$116,907

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5126880
4
/10

  • A E Butler Intermediate School

  • 410 Clardy Dr

  • 5.72 miles

  • Public District Grades 3-5

school-card-donut-5126881
7
/10

  • Boles Elementary School

  • 9777 Fm 2101

  • 8.76 miles

  • Public District Grades PK-4

school-card-donut-5126882
4
/10

  • Dr Bruce Wood Elementary School

  • 121 Poetry Rd

  • 10.11 miles

  • Public District Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,429. Residents of Terrell, TX typically earn less than $35k each year. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12362 County Road 331a

What is the listing price of this property?

The listing price of 12362 County Road 331a property is $625,000.

What type of property is this?

The property 12362 County Road 331a is a house located in Terrell, Texas, 75161.

Is this property for sale now?

Active Listing: 12362 County Road 331a is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,625 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12362 County Road 331a has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 12362 County Road 331a is 5,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12362 County Road 331a is 1980.

Rocket Homes›Texas›Kaufman County›Terrell›75161›12362 County Road 331a

This home is located at 12362 County Road 331a in Terrell, TX and zip code 75161. This 5,132 square foot home, which was built in 1980, sits on a 2.43 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 16, 2023 and is currently priced at $625,000.

Between March 2024 and April 2024, Terrell, TX real estate market has seen increase in the number of listings by 13.3%. The median list price of listings available in April 2024 was $310,183, while the average time on the real estate market was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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