OWNER FINANCING AVAILABLE! Offered at $299,900 with 10-25% down, an interest rate ranging from 6.5% to 8.5%, and 15- to 25-year term options, subject to seller approval and final negotiated terms. This two-story duplex offers a straightforward opportunity to own a two-unit residential income property in Terrell.Currently both sides are leased at $1300 per mo. Owner Pays water. One side is month to month while the other is leased through February 2027. The building includes 2,040 square feet per public records and two approximately 1,020-square-foot units. Each unit has two bedrooms and one full bath upstairs, plus a spacious living area, dining area, kitchen, laundry connections and half bath downstairs. Both units include covered rear patios and fenced yard space, while four open parking spaces provide convenient off-street parking. The property is served by city water and sewer and sits on a 0.151-acre lot. Buyer and buyer's agent to verify all property information, measurements, rental information, occupancy, expenses and final owner-financing terms.
For sale
$299,900
409 E College St, Terrell, TX 75160
4beds
2,040sqft
Duplex, Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$147/sqft
$-- HOA
What's special
Fenced yard spaceDining areaCovered rear patiosLaundry connectionsHalf bath downstairsFour open parking spaces
- 24 days
- 227
- 31
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jesse Vasquez 0582176 972-564-8800,
Malone and Associates RE 972-564-8800
Source: NTREIS,MLS#: 21383830
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Oven, Electric Range
Features
- High Speed Internet, Cable TV
- Flooring: Carpet, Luxury Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Driveway
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Storage
- Pool features: None
- Fencing: Chain Link,Cross Fenced
Lot
- Size: 6,577 Square Feet
Details
- Parcel number: 40167
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- Resale
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Overhead Utilities, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Features: Curbs
- Subdivision: Terrell Original
HOA
- Has HOA: No
Location
- Region: Terrell
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $46,690
- Annual tax amount: $5,171
- Date on market: 9/10/2026
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional,Owner Will Carry,Other,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $299,900-11.8%$147/sqft |
Source: NTREIS #21383830 Report a problem | ||
| 12/24/2025 | Listing removed | $339,900$167/sqft |
Source: NTREIS #20852104 Report a problem | ||
| 2/24/2025 | Listed for sale | $339,900$167/sqft |
Source: NTREIS #20852104 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,132 -11.4% | $46,690 -14.1% |
| 2024 | $1,277 -0.3% | $54,375 |
| 2023 | $1,280 +35.4% | $54,375 +50% |
| 2022 | $946 +92.9% | $36,250 +100% |
| 2021 | $490 +18.3% | $18,125 +20.8% |
| 2020 | $415 | $15,000 +106.9% |
| 2019 | -- | $7,250 +185.4% |
| 2018 | $77 | $2,540 |
| 2017 | $77 +0.1% | $2,540 |
| 2016 | $77 +8.1% | $2,540 |
| 2015 | $72 | $2,540 |
| 2014 | $72 | $2,540 |
| 2013 | -- | $2,540 |
| 2012 | -- | $2,540 |
| 2011 | -- | $2,540 |
| 2010 | -- | $2,540 |
| 2009 | -- | $2,540 |
| 2008 | -- | $2,540 -95.8% |
| 2007 | -- | $59,990 +11.7% |
| 2006 | -- | $53,710 +61.2% |
| 2005 | -- | $33,320 -12.4% |
| 2004 | -- | $38,030 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 75160
Nearby schools
Schools provided by the listing agent
- Elementary: Long
- Middle: Furlough
- High: Terrell
- District: Terrell ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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