205 FM 148, Terrell, TX 75160
FOR SALE
0.43 ACRES

205 FM 148
Terrell, TX 75160

    $389,000

    Original price: $420,000
    Est. Mortgage $2,630/mo*
    Get Pre-Qualified

    $389,000

    Original price: $420,000
    Est. Mortgage $2,630/mo*
    Get Pre-Qualified
    (on 0.43 acres)

    Local Information

    • Map ViewExplore the area around 205 FM 148.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    Prime .43-acre commercial lot located on FM 148 in Terrell, TX with excellent visibility and easy access. Zoned commercial and ideal for a variety of uses including office, retail, service business, or investment. High traffic location with great potential for future development. Utilities available and ready for your vision. Endless possibilities in a growing area of Kaufman County.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    99 days ago

    Home Details for 205 FM 148

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Sewer Available, Water Available

    Exterior Features

    Frontage
    Road Frontage: Farm to Market RoadRoad Surface Type: ConcreteNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 56Days on Market: 99

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 22641

    Price & Status

    Price
    List Price: $389,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: TerrellCommunity: Dewberry 4th
    School Information
    Elementary School: BurnettElementary School District: Terrell ISDJr High / Middle School: FurloughJr High / Middle School District: Terrell ISDHigh School: TerrellHigh School District: Terrell ISD

    Agent Information

    Listing Agent
    Listing ID: 21209658

    HOA

    No HOA

    Lot Information

    Lot Area: 0.43 acres

    Miscellaneous

    Mls Number: 21209658Living Area Range Units: Square FeetAttribution Contact: 214-728-0482
    Last check for updates: about 4 hours ago
    Listing courtesy of Cory Wiggins 0742189, (214) 728-0482
    Coldwell Banker Apex, REALTORS, 214-728-0482
    Kimberley Wiggins 0522036, (214) 763-6855
    Coldwell Banker Apex, REALTORS, (972) 772-9300
    Source: NTREIS, MLS#21209658
    Also Listed on NTREIS.

    Market trends in Terrell

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $311K
    $23.98K    MoM
    Sale-to-List Price
    98.1%
    Price per sq ft
    $171
    $6    MoM
    Available listings
    190
    6    MoM

    Price History for 205 FM 148

    DatePriceEventSource
    05/11/2026$389,000PriceChange
    NTREIS #21209658
    03/16/2026$420,000Listed For SaleNTREIS #21209658
    07/14/2023--Sold
    NTREIS #20294737
    07/02/2023$215,000PendingNTREIS #20294737
    06/13/2023$215,000ContingentNTREIS #20294737
    04/07/2023$215,000Listed For SaleNTREIS #20294737

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    Comparable Sales for 205 FM 148

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Park Ave, Terrell, TX
    0.58
    Lot/Land
    -
    12/12/25
    -
    -
    507 Mineral Wells St, Terrell, TX
    0.79
    Lot/Land
    -
    09/30/25
    -
    -
    Mineral Wells St, Terrell, TX
    0.95
    Lot/Land
    -
    10/29/25
    -
    -
    Warren St, Terrell, TX
    0.92
    Lot/Land
    -
    09/08/25
    -
    -
    210A Mineral Wells St, Terrell, TX
    0.90
    Lot/Land
    -
    02/13/26
    -
    -
    N/a Frank St, Terrell, TX
    0.98
    Lot/Land
    -
    09/04/25
    -
    -
    700 Scott St, Terrell, TX
    1.01
    Lot/Land
    -
    12/31/25
    -
    -
    122 Scott St, Terrell, TX
    1.06
    Lot/Land
    -
    11/20/25
    -
    -
    201 Scott St, Terrell, TX
    1.04
    Lot/Land
    -
    11/20/25
    -
    -
    Lincoln Ln, Terrell, TX
    1.29
    Lot/Land
    -
    05/13/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 205 FM 148.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Terrell

    At least 146 Trulia users voted on each feature.

    • 85 % Say car is needed

    • 82 % Say yards are well-kept

    • 79 % Say parking is easy

    • 75 % Say there's holiday spirit

    • 64 % Say kids play outside

    • 57 % Say it's dog friendly

    • 51 % Say people would walk alone at night

    • 50 % Say neighbors are friendly

    • 47 % Say it's quiet

    • 47 % Say there are sidewalks

    • 44 % Say they plan to stay for at least 5 years

    • 41 % Say there's wildlife

    • 39 % Say streets are well-lit

    • 29 % Say there are community events

    • 27 % Say it's walkable to restaurants

    • 25 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.
    • Rochaj251815
      "It’s a better home away from home in Dallas! Safe and all the neighbors are so kind and supportive with one another "
      0
      Flag
    • Franklin Aguilera
      "Very calm and quiet neighborhood, cars are safe and my block is one of the best blocks in terrell i love this place, after 8 there is no more cars passing by."
      1
      Flag
    • Autumn Sheffield
      "Terrell is absolutely horrible for the amount of stray dogs and cats, along with a huge number of people dumping their animals. As an animal lover, it absolutely breaks my heart. "
      0
      Flag
    • S5fmj5bxm6
      "My commute is great! Easy access on and off two major highways! And great food to grab a quick bite if you’re hungry. "
      0
      Flag
    • Karii1209.ka
      "Some neighborhoods in Terrell do not have sidewalks or are unkept and are in my opinion too unsafe for children to walk to school. It is also not uncommon to see stray dogs roaming the streets with the potential of them being aggressive. "
      0
      Flag
    • Corley Merriman
      "It’s great to be in this town. We love it so much. We grew up here and are now growing our own family in this community "
      0
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    • Emma Chancellor
      "Interesting……a lot off odd characters that stick out in a bad way. But the city is trying to grow the community so we’ll see where it goes."
      0
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    • Amber
      "We have the Terrell Jubilee that happens each year along with Christmas celebrations and other events in the town. "
      3
      Flag
    • Teahouse76
      "It’s quiet and the people are friendly. The people keep their properties clean and well maintained. "
      1
      Flag
    • Joseph M.
      "None we don't have that here the only real events that we ever do have are once a year and that's 4th of July and almost every one goes but that's it."
      0
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    • Teahouse76
      "My neighborhood is very quiet and clean. Love this entire town. You can find so much to do no need to leave. "
      0
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    • Corley M.
      "Neighborhood is great and quiet. Everyone is friendly and keeps to themselves but are more than willing to help out "
      7
      Flag
    • Christina B.
      "all on leashes and are dog friendly neighborhood. everyone picks up after their own dogs mess. and puts in the the proper place the trash. and there are good nice sidewalks. "
      0
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    • Matt
      "There are no community events located in the city of Terrell except the junebaley which is once a year for one week of June. "
      0
      Flag
    • Michael J. D.
      "Quiet, calm, growing and positive. Rural, friendly and small. Family-oriented, safe, and diverse. "
      0
      Flag
    • Jamese.greer
      "Wish not to answer, don’t get me wrong it’s a great neighborhood and a great city with a million and one improvements happening. "
      0
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    • Corley M.
      "Easy to get to everything. Plenty of activities to do and new ones on the horizon. Good place to live "
      1
      Flag
    • Corley M.
      "The neighborhood is fantastic super fantastic love it this place is cool the neighbors are alright. "
      3
      Flag
    • Jay.will5665
      "My commute is at least 30 minutes one each day at least and traffic in the afternoons is 45 to 60 minutes. Traffic between Sunnyvale and Forney is horrible. "
      0
      Flag
    • Rhharbaugh
      "Friendly people everywhere, customer service great at businesses, neighbors friendly as well, nice town to live in"
      0
      Flag
    • Alison B.
      "Some dogs roam freely though there is high traffic and speeders through the neighborhood. City ordinances regarding registration and other requirements can be expensive and intrusive. Local vet clinics are the most inadequate and insensitive we have come in contact with."
      0
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    • AB
      "It's the arm pit of TX. No one lives here by choice. It's like quick sand. It sucks you in by force and pulls you under so you can never leave. The only positive is Jamie Fox grew up here."
      1
      Flag
    • Chris M.
      "This city has some really bad area's and some ok one's too. Not the worst town. North side of Terrell is more country feel and nicer area. South side of railroad tracks at night is not a safe area"
      0
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    • Glenda B.
      "I live in the outter part of the city, in the country. But we eat and shop in town. we enjoy Terrekk Heritage weekend. Terrells big on HS Football and pro for ing arts. Lots of old historical houses."
      0
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    • Lori S.
      "Close to Hwy 80 & I-20, morning commute is great! 205 can be a headache though, as there are several slow spots."
      0
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    • Tara r.
      "dogs ruin around loose all over sho it's difficult to walk your dogs sometimes. some of the schools are friendly and some are not and cause problems. "
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    • Cbarker713
      "we close off neighborhood during Halloween making the streets and side walks safer for the kids trick or treating along with having a police at the entrance of our neighborhood . "
      5
      Flag
    • Mardonpat
      "People walk their dogs here always on leashes if they are big Very dog friendly neighborhood We have wide streets and lots of trees"
      0
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    • Devbrookbjzaymom
      "It’s a good town for families to grow and develop. The schools are good with amazing teachers. I love my neighborhood, they are kind, considerate and welcoming"
      0
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    • Jadeinvestmentsunlimited
      "lived here for 3 years. The town has great potential. Love the small town feel but close enough to the big city."
      2
      Flag
    • Brady G.
      "I've lived in this neighborhood for 3 years an its pretty good, not much going on pretty safe, nice if your looking for a quiet place where you can enjoy your privacy an still sit on the front porch with a glass of iced tea"
      1
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    LGBTQ Local Legal Protections

    Cory Wiggins, Coldwell Banker Apex, REALTORS, 214-728-0482
    Agent Phone: (214) 728-0482
    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.
    205 FM 148, Terrell, TX 75160 is a lot/land. This property is currently available for sale and was listed by NTREIS on Mar 16, 2026. The MLS # for this home is MLS# 21209658.