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 parking 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.
For sale
$440,000
7040 County Road 131b, Terrell, TX 75161
1beds
800sqft
Single Family Residence
Built in 2023
5 Acres Lot
$-- Zestimate®
$550/sqft
$-- HOA
What's special
Comfortable bedroom and bathFunctional kitchenEfficient layoutPeaceful setting
- 11 days |
- 116 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Roland Davis 0794833 903-567-3100,
RE/MAX Landmark Rose 903-567-3100
Source: NTREIS,MLS#: 21203139
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 10 x 20
Dining room
- Level: First
- Dimensions: 10 x 8
Other
- Features: Granite Counters
- Level: First
- Dimensions: 10 x 10
Kitchen
- Features: Ceiling Fan(s), Dual Sinks, Pantry, Stone Counters
- Level: First
- Dimensions: 13 x 10
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 10 x 13
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
- Laundry: Common Area, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Features
- Chandelier, Granite Counters, Open Floorplan, Pantry, Paneling/Wainscoting
- Flooring: Luxury Vinyl Plank
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 800 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Private, RV Garage, RV Carport, Secured
- Has garage: Yes
Accessibility
- Accessibility features: Accessible Full Bath, Accessible Bedroom, Customized Wheelchair Accessible, Accessible Approach with Ramp, Accessible Doors, Accessible Entrance
Features
- Levels: One
- Stories: 1
- Patio & porch: Awning(s), Covered, Deck
- Pool features: None
- Fencing: Full,Gate,Metal,Wire
Lot
- Size: 5 Acres
- Dimensions: 304 x 636
- Features: Acreage
- Residential vegetation: Cleared
Details
- Additional structures: Workshop
- Parcel number: 20624
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Rural
- Utilities for property: Electricity Connected, None, Septic Available
Community & HOA
Community
- Subdivision: College Mound Acres
HOA
- Has HOA: No
Location
- Region: Terrell
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $290,946
- Annual tax amount: $5,119
- Date on market: 6/24/2026
- Cumulative days on market: 110 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $440,000$550/sqft |
Source: NTREIS #21203139 Report a problem | ||
| 6/16/2026 | Listing removed | $440,000$550/sqft |
Source: NTREIS #21203139 Report a problem | ||
| 5/1/2026 | Price change | $440,000-2.2%$550/sqft |
Source: NTREIS #21203139 Report a problem | ||
| 3/9/2026 | Listed for sale | $450,000$563/sqft |
Source: NTREIS #21203139 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $959 -32.8% | $290,946 +107.8% |
| 2024 | $1,428 +761% | $140,025 +135.4% |
| 2023 | $166 +3.4% | $59,492 +10% |
| 2022 | $160 +5.9% | $54,084 +10% |
| 2021 | $152 +2.1% | $49,167 +10% |
| 2020 | $148 | $44,697 +10% |
| 2019 | -- | $40,634 +10% |
| 2018 | $142 | $36,940 +4.1% |
| 2017 | $142 +0.8% | $35,490 |
| 2016 | $141 -14.2% | $35,490 |
| 2015 | $164 | $35,490 +24.8% |
| 2014 | $164 | $28,440 |
| 2013 | -- | $28,440 |
| 2012 | -- | $28,440 |
| 2011 | -- | $28,440 |
| 2010 | -- | $28,440 -6.7% |
| 2009 | -- | $30,490 -2.7% |
| 2008 | -- | $31,320 -7.3% |
| 2007 | -- | $33,800 +3.7% |
| 2006 | -- | $32,600 |
| 2005 | -- | $32,600 |
| 2004 | -- | $32,600 +18.1% |
| 2003 | -- | $27,600 |
| 2002 | -- | -- |
| 2001 | -- | $22,600 |
| 2000 | -- | $22,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75161
Nearby schools
GreatSchools rating
- 3/10Gilbert Willie Sr Elementary SchoolGrades: K-5Distance: 6.1 mi
- 3/10Herman Furlough Jr Middle SchoolGrades: 6-8Distance: 7.7 mi
- 3/10Terrell High SchoolGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Middle: Furlough,Wood
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Kaufman County
- Terrell
- 75161
- 7040 County Road 131b
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Nearby neighborhoods
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