12362 County Road 331a, Terrell, TX 75161 - 20607271 - iPro Real Estate

12362 County Road 331a
Terrell, TX 75161

Active, Multi-Family/Income Sale

For Sale

$625,000 $5.90 per sqft

Free Professional CMA

Listing ID : 20607271

  • Beds

  • Baths

  • Garage

  • Lot Size

    2.4300 Acre
  • Year



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! Apartment above shop has a fully-equipped Kitchen, 2 BR, 1 BA, Bar and cabin style cozy. The spacious living is perfect for rental, parents, or guests. Inside the main house, observe a step down living room with fireplace, kitchen, full laundry area, den, 3 BR , 1 BA and an abundance of natural light. 2nd home is a darling 750 sf and all are currently producing income with occupancy, see PNL on Transaction desk. 3rd Home is Manufactured Home occupied and income producing. DOCS AND PNL ARE IN MLS. NO HOA. INCOME PRODUCING OR MULTI GENERATIONAL.


Type: Multi-Family/Income Sale 
Subdivision: Ables Spgs West 
County: Kaufman 
Tax ID: 18088
Annual Taxes: $3,019
School District: Terrell ISD
Elementary: Kennedy 
Middle: Furlough 
High: Terrell 
Cap Rate: 8.99% 
Lot Features: Acreage 
Days on Market: 33 
No. of Fireplaces: 1 
Flooring: Combination 
Foundation: Combination 
Heating: Central 
Interior Features: Other 
Number of Buildings: 4 
Parking Spaces: 15 
Property Type: Commercial Sale 
Roof: Composition 
Sub Type: Multiple Single Units 
Utilities: Aerobic Septic, All Weather Road 

Show More


32.823174 -96.130661 $625,000 20607271
12362 County Road 331a, Terrell, TX 75161
Directions to here from:

Mortgage Calculator

Listed by Kim Johnson with RE/MAX Four Corners 972-396-9100

Based on information from the North Texas Real Estate Information Systems, Inc., 7/21/2024.