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40
Photos
16583 Bowling Lane, Terrell, TX 75161
$1,300,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
3,210
sqft
Built in
1990
Willow Creek Place Compound – A Rare 25-Acre Investment Opportunity Welcome to Willow Creek Place, a sprawling 25-acre compound offering unparalleled potential for developers and investors alike. Nestled in a serene, private setting, this unique property features 8 homes—including 3 manufactured homes and 5 single-family residences—situated along its own private, 911-approved street. Boasting a picturesque private lake and wetlands, Willow Creek Place offers a peaceful retreat while also presenting prime development opportunities. Whether you’re looking to expand or enhance this income-producing rental property or pursue further development on the surrounding land, the options are endless. This remarkable property combines the best of both worlds—immediate rental income and the opportunity for future growth, all within a stunning natural setting. Perfect for developers, investors, or a visionary seeking a one-of-a-kind compound. Willow Creek Place is ready for its next chapter!
Features & Amenities
Interior
- General:
- Eat-in Kitchen,Open Floorplan
- Appliances:
- Dishwasher,Disposal
- Laundry:
- Electric Dryer Hookup,Gas Dryer Hookup
- Flooring:
- Concrete
- A/C:
- true, Electric
- Heating:
- true, Electric
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Early American,Detached
- Pool:
- None
- Parking:
- Attached Carport,Additional Parking,Aggregate,Assigned,Circular Driveway,Common,Carport,Drive Through,Detached Carport,Driveway,Golf Cart Garage,Gravel,Shared Driveway,Storage
Construction
- Roofing:
- Composition
- General:
- Brick, 2, Pillar/Post/Pier,Slab
Location
- Road/Access:
- Private Road
- Originating MLS:
- NTR
- School District:
- Terrell ISD
- County:
- Kaufman
Lot
- Zoning:
- BOWLING SUBDIVISION (UNFILED) LOT 2, 6632
Utilities
- Utilities:
- Electricity Available,Electricity Connected,Natural Gas Available,Municipal Utilities,Phone Available,Septic Available,Separate Meters,Underground Utilities,Water Available
- Water:
- Community/Coop,Rural
- Sewer:
- Aerobic Septic,Septic Tank
Financial
- Source:
- NTR
This listing courtesy of:
Darryl Malloy, Darryl Malloy
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Terrell, TX
Housing
- Number of Units
- 14,436
- Median Home Value
- $156,926
- Median Rent
- $758
30.58% of housing units are renter occupied.
5.83% are vacant.
Commute
- Car
-
84.68%
- Public Transportation
-
0.01%
- Walk to Work
-
0.71%
- Work from Home
-
13.44%
- Other
-
0.83%
The median travel time to work is 28 minutes.
People
- Population
- 37,138
- Median Age
- 37.90
- Median Household Size
- 2.90
Education
- High School
-
35.08%
- Associate’s Degree
-
8.03%
- Bachelor’s Degree
-
11.44%
- Graduate Degree
-
4.82%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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