8501 FM 987, Terrell, TX 75160
Property image
Property image
OFF MARKET

8501 FM 987
Terrell, TX 75160

  • 3 Beds
  • 2 Baths
  • 2,128 sqft (on 25.37 acres)

$682,600

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $4,652/mo*
Refinance Your Home

$682,600

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $4,652/mo*
Refinance Your Home
3 Beds
2 Baths
2,128 sqft
(on 25.37 acres)

Home Value

Trulia Estimate
$683K
Since last month
Increased$25K (+3.8%)
Since last year
Increased$317K (+86.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +300% in the last 10 years
MonthEstimated value
2026
August 2026$682K
July 2026$658K
June 2026$658K
May 2026$659K
April 2026$633K
March 2026$640K
February 2026$629K
January 2026$609K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7641 County Road 272, Terrell, TX
0.57
Single-Family Home
-
11/20/25
3
2.5
2,509
7777 County Road 272, Terrell, TX
0.56
Single-Family Home
-
08/10/26
4
3.5
3,209
7732 Fall Creek Rd, Terrell, TX
0.76
Single-Family Home
-
03/02/26
3
3
2,984
7710 Fall Creek Rd, Terrell, TX
0.74
Single-Family Home
-
06/02/26
4
3
2,649
6812 N FM 148, Terrell, TX
1.27
Single-Family Home
-
01/09/26
4
1.5
1,600
8266 Willow Cir, Terrell, TX
0.92
Single-Family Home
-
07/09/26
3
2.5
2,872
8890 County Road 215, Terrell, TX
0.90
Single-Family Home
-
05/22/26
6
6
4,921
9390 Adams St, Terrell, TX
1.35
Single-Family Home
-
10/01/25
3
2
2,453
8086 County Road 272, Terrell, TX
0.92
Single-Family Home
-
05/29/26
6
4.5
4,914
9476 Douglas Cir, Terrell, TX
1.56
Single-Family Home
-
10/29/25
3
2
1,680

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
8201 Rodeo Dr, Terrell, TX 75160
0.07
$230,600
4
2
1,904
Off Market
8452 FM 987, Terrell, TX 75160
0.09
$253,100
3
2
1,234
Off Market
8424 Rodeo Dr, Terrell, TX 75160
0.27
-
-
-
-
Off Market
9358 Rodeo Dr, Terrell, TX 75160
0.37
$254,500
3
2
1,792
Off Market
8450 N FM 148, Terrell, TX 75160
0.38
-
3
2
1,216
Recently Sold
8150 County Road 271, Terrell, TX 75160
0.54
-
4
2.5
2,400
Off Market
7777 County Road 272, Terrell, TX 75160
0.56
-
4
3.5
3,209
Recently Sold
7641 County Road 272, Terrell, TX 75160
0.57
-
3
2.5
2,509
Recently Sold
County Road 148, Terrell, TX 75160
0.57
-
-
-
-
Recently Sold
7622 Fall Creek Rd, Terrell, TX 75160
0.66
$775,600
4
3
3,037
Off Market
8775 Rodeo Dr, Terrell, TX 75160
0.65
$267,100
4
3
2,048
Off Market
7758 County Road 272, Terrell, TX 75160
0.70
$472,000
3
2
2,012
Off Market

Local Information

  • Map ViewExplore the area around 8501 FM 987.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Lot Size
25.37 acres
Living Area
2,128 sqft
Price/Sqft
$321
Parking
Garage

About this House

This single-family home is located at 8501 FM 987, Terrell, TX. 8501 FM 987 is in Terrell, TX and in ZIP code 75160. This property has 3 bedrooms, 2 bathrooms and approximately 2,128 sqft of floor space. This property has a lot size of 25.37 acres and was built in 1996.
8501 FM 987, Terrell, TX 75160 is a 3 bedroom, 2 bathroom, 2,128 sqft single-family home built in 1996. More recently, it was listed as a rental in August 2023 with an asking price of $2,900 per month. That rental listing was removed on August 24, 2023. It is currently off market. The Trulia Estimate is $682,600, with a rent estimate of $2,295/month.

Home Details for 8501 FM 987

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Interior Details
Additional StorageStorage
Appliances & Utilities
DishwasherDryerWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: SlabPorch
Parking & Garage
GarageParking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 25.37 acres

Price and Tax history

DateEventPrice
Aug 24, 2023
Source: Zillow Rentals
ListingRemoved
Aug 8, 2023
Source: Zillow Rentals
PriceChange
$2,800
Price decreased by 3%
Aug 3, 2023
Source: Zillow Rentals
Listed For Rent
$2,900
Aug 3, 2023
Source: NTREIS #20279099
ListingRemoved
Mar 14, 2023
Source: NTREIS #20279099
Listed For Sale
$1,280,000

Market trends in Terrell

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$307K
$3.17KMoM
Sale-to-List Price
98.2%
0.3%MoM
Price per sq ft
$177
$5MoM
Available listings
201
4MoM
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Around this home

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.
  • Tsmart
    "Serene community. Clean as well"
    0
    Flag
  • 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
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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. "
    0
    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

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Apartments for Rent

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Explore by feature - Pet Friendly

31 pet-friendly rentals in Terrell, TX

Explore by feature - Garage

15 rentals with a garage in Terrell, TX

Explore by feature - Air Conditioning

27 rentals with air conditioning in Terrell, TX

Explore by feature - Pool

8 rentals with a pool in Terrell, TX

Explore by feature - Washer/dryer

20 rentals with a washer/dryer in Terrell, TX

Explore by feature - Outdoor Space

12 rentals with an outdoor space in Terrell, TX

Homes for sale near 8501 FM 987

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Off Market Homes Near 8501 FM 987

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Frequently asked questions about 8501 FM 987

  • What is 8501 FM 987 estimated to be worth?
    Trulia's estimated value for 8501 FM 987 in Terrell, TX is $682,600.
  • Is Terrell a buyer's or seller's market?
    Terrell is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Terrell?
    The median sale price in Terrell is $307K. That is up $3.17K from the prior month.
  • What do residents say about Terrell?
    Residents describe Terrell, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Terrell, TX.
  • Does 8501 FM 987 have air conditioning?
    Yes, 8501 FM 987 in Terrell, TX has air conditioning.
  • Does 8501 FM 987 have laundry facilities?
    Yes, 8501 FM 987 in Terrell, TX has in-unit laundry.