7938 FM 987, Terrell, TX 75160
Property image
Property image
FOR SALE
3D VIEW
1.41 ACRES

7938 FM 987
Terrell, TX 75160

  • 5 Beds
  • 3.5 Baths
  • 3,654 sqft (on 1.41 acres)

$240,000

Est. Mortgage $1,659/mo*
Get Pre-Qualified

$240,000

Est. Mortgage $1,659/mo*
Get Pre-Qualified
5 Beds
3.5 Baths
3,654 sqft
(on 1.41 acres)
We estimate this home will sell faster than 99% nearby.

Local Information

  • Map ViewExplore the area around 7938 FM 987.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Large, spacious ranch-style home situated on over an acre of land with a scenic pond. Enjoy the beautiful wood deck—perfect for relaxing after a long day. Conveniently located just minutes from Highway 80, shopping centers, dining, and everyday amenities. This property offers plenty of space and endless potential for its new owners to make it their own. Don't miss this unique opportunity! HUD Case number511-311354 All properties are sold AS-IS without any guarantee or warranty by the seller. 203. Eligible for FHA $100 Down. Review all all disclosures in the hudhomestore portal
We estimate this home will sell faster than 99% nearby.

Home Highlights

Parking
2 Carport Spaces
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$66
Listed
19 days ago

Home Details for 7938 FM 987

Interior Features

Interior Details
Number of Rooms: 13Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Full Bath, Half Bath, Living Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3654 Square Feet
Appliances & Utilities
Utilities: Septic Available, Water Available, Cable AvailableAppliances: Dishwasher, DisposalDishwasherDisposal
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning StoveHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Ceramic Tile, Other
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Ceramic Tile, Other

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Deck, CoveredFencing: OtherVegetation: GrassedFoundation: Slab
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageParking Spaces: 2Parking: Carport
Pool
Pool: None
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Aerobic Septic

Days on Market

Cumulative Days on Market: 3Days on Market: 19

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached
Building
Construction Materials: Brick, Other, Wood SidingNot Attached Property
Property Information
Not Included in Sale: KEYS WILL BE REMOVED FROM ASSET ONCE CLOSEDParcel Number: 27272

Price & Status

Price
List Price: $240,000Price Per Sqft: $66
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: TerrellCommunity: Ingram Ranch Estates 1, 2 & 3
School Information
Elementary School: BurnettElementary School District: Terrell ISDJr High / Middle School: Furlough, WoodJr High / Middle School District: Terrell ISDHigh School: TerrellHigh School District: Terrell ISD

Agent Information

Listing Agent
Listing ID: 21306885

HOA

No HOA

Lot Information

Lot Area: 1.41 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 21306885Living Area Range Units: Square FeetAttribution Contact: 214-418-6845
Last check for updates: about 6 hours ago
Listing courtesy of Ray King 0443318, (214) 418-6845
Infinity Realty Group of Texas, 214-418-6845
Source: NTREIS, MLS#21306885
Also Listed on NTREIS.

Market trends in Terrell

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

Price History for 7938 FM 987

DatePriceEventSource
06/19/2026$240,000Listed For SaleNTREIS #21306885
06/06/2022--Sold
NTREIS #14747331
04/09/2022$345,000PendingNTREIS #14747331
04/05/2022$345,000ContingentNTREIS #14747331
04/01/2022$345,000Listed For SaleNTREIS #14747331
03/24/2022$345,000ListingRemovedNTREIS #14747331
03/16/2022$345,000ContingentNTREIS #14747331
03/08/2022$345,000PendingToActiveNTREIS #14747331
03/03/2022$345,000ContingentNTREIS #14747331
02/14/2022$345,000PriceChange
NTREIS #14747331
01/26/2022$370,000Listed For SaleNTREIS #14747331
10/27/2021$270,000ListingRemovedNTREIS #14621530
08/20/2021$270,000PendingNTREIS #14621530
07/09/2021$270,000Listed For SaleNTREIS #14621530
09/19/2014$179,000ListingRemovedAgent Provided
12/24/2013$179,000PriceChange
Agent Provided
09/17/2013$189,000Listed For SaleAgent Provided
03/20/2012$215,000ListingRemovedAgent Provided
04/17/2010$215,000Listed For SaleAgent Provided

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 7938 FM 987

Skip to last item
Skip to first item

Property Tax and Assessment

Year2025
Tax$7,391
Assessment$420,089
Home facts updated by county records

Comparable Sales for 7938 FM 987

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7641 County Road 272, Terrell, TX
0.18
Single-Family Home
-
11/20/25
3
2.5
2,509
8655 Maplewood Dr, Terrell, TX
1.05
Single-Family Home
-
07/23/25
5
3
4,103
8086 County Road 272, Terrell, TX
0.67
Single-Family Home
-
05/29/26
6
4.5
4,914
7710 Fall Creek Rd, Terrell, TX
1.08
Single-Family Home
-
06/02/26
4
3
2,649
7732 Fall Creek Rd, Terrell, TX
1.10
Single-Family Home
-
03/02/26
3
3
2,984
9390 Adams St, Terrell, TX
1.56
Single-Family Home
-
10/01/25
3
2
2,453
8890 County Road 215, Terrell, TX
1.33
Single-Family Home
-
05/22/26
6
6
4,921
7777 FM 2578, Terrell, TX
1.57
Single-Family Home
-
11/20/25
3
2.5
3,299
1221 E Secretariat Dr, Terrell, TX
2.18
Single-Family Home
-
02/12/26
4
3
3,095
1030 Ruidoso Downs Dr, Terrell, TX
2.11
Single-Family Home
-
08/20/25
4
2.5
2,571

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 7938 FM 987.
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 147 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 83 % Say yards are well-kept

  • 79 % Say parking is easy

  • 75 % Say there's holiday spirit

  • 63 % 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

  • 28 % 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • Teahouse76
    "My neighborhood is very quiet and clean. Love this entire town. You can find so much to do no need to leave. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Ray King, Infinity Realty Group of Texas, 214-418-6845
Agent Phone: (214) 418-6845
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.
7938 FM 987, Terrell, TX 75160 is a 5 bedroom, 4 bathroom, 3,654 sqft single-family home built in 1972. This property is currently available for sale and was listed by NTREIS on Jun 19, 2026. The MLS # for this home is MLS# 21306885.