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7040 County Road 131b

Terrell, Texas 75161
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Bed 1

Bed

Bath 1

Bath

SqFt800

Sqft

Acres5

Acres(Lot)

Experience peaceful country living with the convenience of nearby amenities in this inviting 800 sq ft, 1-bedroom, 1-bathroom home situated on a beautiful 5-acre tract just outside Terrell in the College Mound community. This property offers the perfect blend of comfort, privacy, and usable land, making it ideal for anyone seeking a quiet retreat, a starter home, or a manageable homestead. The home features an efficient layout with a cozy living area, functional kitchen, and a comfortable bedroom and bath. With plenty of windows to bring in natural light and provide relaxing views of the surrounding acreage. Whether you’re looking to downsize, invest, or enjoy a simpler lifestyle, this home delivers practical living with room to grow. Outdoors, the property truly shines. A covered RV parki ng area with an attached porch and hook-ups installed provides excellent protection for your recreational vehicle, additional storage, or a shaded space to relax and enjoy the open land. With five acres to work with, there’s ample room for livestock, gardening, expansion, or future building projects. The land offers a peaceful setting with plenty of possibilities for customization. Located just minutes from Terrell’s shopping, dining, and major highways, this property provides the serenity of rural living without sacrificing convenience. Opportunities like this—manageable acreage with a move-in-ready home and RV accommodations don't come along every day -- A great chance to own land, enjoy privacy, and create the lifestyle you’ve been looking for.

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Detail Ic Property Details

Property Type : Residential

Price : $420,000

AD Id : 76010099

MLS Id : 553706825

Beds : 1

Lot Size : 5 Acres

Living Area Size : 800

Year Built : 2023

County : Kaufman

Subdivision: College Mound Acres

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Chandelier,Granite Counters,Open Floorplan,Paneling,Pantry

    Appliances

    Dishwasher,Electric Cooktop,Electric Oven,Refrigerator

    Utilities

    Electricity Connected,Outside City Limits,Rural Water District,Septic,No City Services
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 2023 Construction: Fiber Cement Roof Type: Metal
  • Foundation

    Pillar/Post/Pier
  • Accessibility Features

    Accessible Approach with Ramp,Accessible Bath - Full,Accessible Bedroom,Accessible Doors,Accessible Entrance,Customized Wheelchair Accessible

    Laundry Features

    Electric Dryer Hookup,Full Size W/D Area,Dryer Hookup,Washer Hookup,On Site

    Patio And Porch

    Awning(s),Covered,Deck

    Fencing

    Full,Gate,Metal,Wire

    Construction Materials

    Fiber Cement

  • Lot Information

    Lot Size (Acr): 5.0000 Lot Size Units: Acres Lot Size Square Feet: 217,800 Lot Features: Acreage
  • Property Information

    SQ ft (Living Area): 800 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: College Mound Acres City: Terrell State: Texas Directions: From I20 Take FM 2728 South .8 miles to County Road 131, turn left onto County Road 131 and go .5 miles and turn right onto County Road 131B, House is .5 miles down on the right Property Status: Active Levels: One Property Age: 3 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $420,000 List Price Tot SqFt: $525
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 20624 Tax Block: 35 Tax Legal Description: COLLEGE MOUND ACRES, BLOCK 35 Unexempt Taxes: $5,119

  • Parking Information

    Has Garage Garage Space: 0 Carport Spaces: 0 Parking Features: Additional Parking,Private,RV Carport,RV Garage,Secured
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Middle School: Furlough High School: Terrell Intermediate School: Wood School District: Terrell ISD
  • Utility Information

    Utilities: Electricity Connected,Outside City Limits,Rural Water District,Septic,No City Services
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16051 County Road 341, Terrell, TX, 75161 $525,000 2 2 1,500 1,500 SqFt
30927 Fm 429, Terrell, TX, 75161 $529,900 3 3 2,330 2,330 SqFt
13409 County Road 349, Terrell, TX, 75161 $419,000 2 1 1,200 1,200 SqFt
12776 Valverde Loop, Terrell, TX, 75161 $210,000 2 2 891 891 SqFt
17091 County Road 339, Terrell, TX, 75161 $319,000 3 2 1,878 1,878 SqFt
18833 County Road 331, Terrell, TX, 75161 $219,900 3 2 1,344 1,344 SqFt
17790 County Road 345, Terrell, TX, 75161 $374,740 2 2 1,180 1,180 SqFt
9547 County Rd 346, Terrell, TX, 75161 $575,000 3 2 1,560 1,560 SqFt
10604 Cr 360, Terrell, TX, 75161 $499,900 4 2 2,128 2,128 SqFt
9037 County Road 346, Terrell, TX, 75161 $479,000 3 2 1,680 1,680 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/20/2026 @ 18:19

MLS: 553706825 LISTED BY: Roland Davis, RE/MAX Landmark Rose 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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