7040 County Road 131B
Terrell, TX 75161
- 1 Bed
- 1 Bath
- 800 sqft (on 5 acres)
1 Bed
1 Bath
800 sqft
(on 5 acres)
Local Information
© Google
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Description
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.
Home Highlights
Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$550
Listed
61 days ago
Home Details for 7040 County Road 131B
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Interior Details Number of Rooms: 5Types of Rooms: Master Bedroom, Dining Room, Full Bath, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 800 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, None, Septic AvailableAppliances: Dishwasher, Electric Cooktop, Electric Oven, RefrigeratorDishwasherLaundry: Common Area,Washer Hookup,Dryer Hookup,ElectricDryer HookupRefrigerator |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Luxury Vinyl Plank |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: Accessible Full Bath, Accessible Bedroom, Customized Wheelchair Accessible, Accessible Approach with Ramp, Accessible Doors, Accessible EntranceFloors: Luxury Vinyl Plank |
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Exterior Home Features Roof: MetalPatio / Porch: Awning(s), Covered, DeckFencing: Full, Gate, Metal, WireVegetation: ClearedOther Structures: WorkshopFoundation: Pillar/Post/Pier |
Parking & Garage No CarportHas a GarageNo Attached GarageParking: Additional Parking,Private,RV Garage,RV Carport,Secured |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Allowed to Raise Horses |
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Cumulative Days on Market: 53Days on Market: 61 |
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Year Built Year Built: 2023 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Detached |
Building Construction Materials: Fiber CementNot Attached Property |
Property Information Usage of Home: Agricultural, Horses, Multi-Family, Residential, Single FamilyParcel Number: 20624 |
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Price List Price: $440,000Price Per Sqft: $550 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: TerrellCommunity: College Mound Acres |
School Information Elementary School District: Terrell ISDJr High / Middle School: FurloughJr High / Middle School District: Terrell ISDHigh School: TerrellHigh School District: Terrell ISD |
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Listing Agent Listing ID: 21203139 |
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No HOA |
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Lot Area: 5 Acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 21203139Living Area Range Units: Square FeetAttribution Contact: 903-567-3100Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48257-N-20624-R-N |
Last check for updates: about 8 hours ago
Listing courtesy of Roland Davis 0794833, (903) 567-3100
RE/MAX Landmark Rose, 903-567-3100
Source: NTREIS, MLS#21203139
Also Listed on NTREIS.
Price History for 7040 County Road 131B
| Date | Price | Event | Source |
|---|---|---|---|
| 05/01/2026 | $440,000 | PriceChange | NTREIS #21203139 |
| 03/09/2026 | $450,000 | Listed For Sale | NTREIS #21203139 |
Similar Homes You May Like
New Listings near 7040 County Road 131B
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $959 |
| Assessment | $290,946 |
Home facts updated by county records
Comparable Sales for 7040 County Road 131B
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Single-Family Home | - | 12/12/25 | 3 | 2 | 1,798 | |
0.46 | Single-Family Home | - | 01/13/26 | 3 | 2 | 2,361 | |
0.91 | Single-Family Home | - | 07/03/25 | 1 | 1 | 1,290 | |
0.45 | Single-Family Home | - | 10/24/25 | 5 | 3 | 2,500 | |
1.34 | Single-Family Home | - | 09/30/25 | 3 | 2 | 1,277 | |
1.32 | Single-Family Home | - | 08/12/25 | 3 | 2 | 1,817 | |
1.65 | Single-Family Home | - | 02/12/26 | 3 | 2 | 1,350 | |
1.82 | Single-Family Home | - | 04/06/26 | 3 | 2 | 2,067 | |
2.47 | Single-Family Home | - | 09/30/25 | 3 | 2 | 1,260 | |
2.22 | Single-Family Home | - | 06/05/25 | 4 | 2 | 2,107 |
Assigned Schools
These are the assigned schools for 7040 County Road 131B.
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
43 % Say they plan to stay for at least 5 years
41 % Say there's wildlife
39 % Say streets are well-lit
28 % Say there are community events
27 % Say it's walkable to restaurants
25 % Say it's walkable to grocery stores
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Roland Davis, RE/MAX Landmark Rose, 903-567-3100
Agent Phone: (903) 567-3100
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.
7040 County Road 131B, Terrell, TX 75161 is a 1 bedroom, 1 bathroom, 800 sqft single-family home built in 2023. This property is currently available for sale and was listed by NTREIS on Mar 9, 2026. The MLS # for this home is MLS# 21203139.

