EXECUTIVE SUMMARY
PROPERTY OVERVIEW:
Income-producing investment opportunity with future development potential located on approximately 13.96 acres in Terrell, Texas. The
property at 16583 Bowling Lane features a diverse mix of improvements, including five slab-built homes, two trailer homes, and two ponds,
currently generating approximately $4,800 per month in rental income.
This unique asset provides immediate cash flow while offering investors, developers, and owner-operators the flexibility to pursue various value-add
strategies. Potential opportunities include continued rental operations, redevelopment, workforce housing, land banking, or future residential
development, subject to local approvals.
Positioned within one of Kaufman County's growing markets, the property offers convenient access to major transportation corridors and combines
existing income with significant long-term appreciation potential.
legacycommercialgroup.com
PROPERTY HIGHLIGHTS:
Approximately 13.96 acres in the growing Terrell market
Income-producing asset generating approximately $4,800 per month
Five slab-built homes and two trailer homes
Two ponds on the property
Opportunity for redevelopment or future expansion
Potential uses include workforce housing, land banking, or residential development (subject to approvals)
Existing infrastructure and multiple residences already in place
Flexible investment opportunity with value-add potential
Located within the path of growth in Kaufman County
Convenient access to major transportation corridors
Combination of immediate cash flow and long-term appreciation potential