LKV Realty
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$420,000
$2,150Reward *
7040 County Road 131b, Terrell, TX 75161Listing ID 21203139

7040 County Road 131b, Terrell, TX 75161

Active
College Mound Acres
Time on site: 155 daysLast updated: Jul 19, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
1
Bathrooms
Bathrooms
1
Square Feet
Square Feet
800
Acres
Acres
5
Days on Site
Days on Site
155
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Heating
Central, Electric
Year Built
Year Built
2023
Parking
Parking
Additional Parking, Private, RV Garage, RV Carport, Secured

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.

Property Information

Property Details

Location

Address
7040 County Road 131b
County
Kaufman
City
Terrell
Zip Code
75161
Subdivision
College Mound Acres
School District
Terrell ISD
High School
Terrell

Interior Features

Beds and Baths

Bedrooms
1
Full Bathrooms
1

Building

Building Information

Square Feet
800
Year Built
2023
Construction
Fiber Cement
Foundation
Pillar/Post/Pier
Roof
Metal

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$5,119
Roland DavisRE/MAX Landmark Rose, (903) 567-3100

Market Report for 75161

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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