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

$647,300

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

8501 FM 987, Terrell, TX 75160

Est. Refi. Payment $4,596/mo*
Refinance Your Home

Home Value

Trulia Estimate
$647K
Since last month
Increased$24K (+3.7%)
Since last year
Increased$300K (+82.8%)
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 +281% in the last 10 years
MonthEstimated value
2026
October 2026$662K
September 2026$638K
August 2026$655K
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
7938 FM 987, Terrell, TX
0.44
Single-Family Home
-
08/26/26
5
3.5
3,654
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
8086 County Road 272, Terrell, TX
0.92
Single-Family Home
-
05/29/26
6
4.5
4,914
6134 N FM 148, Terrell, TX
1.63
Single-Family Home
-
12/29/25
3
2
1,589

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
8479 FM 987, Terrell, TX 75160
0.06
$153,200
Studio
-
1,484
Off Market
8201 Rodeo Dr, Terrell, TX 75160
0.07
$250,400
4
2
1,904
Off Market
8233 Rodeo Dr, Terrell, TX 75160
0.09
$229,600
Studio
-
1,920
Off Market
8452 FM 987, Terrell, TX 75160
0.09
$250,800
3
2
1,234
Off Market
9605 Rodeo Dr, Terrell, TX 75160
0.09
$224,700
Studio
-
2,128
Off Market
8369 FM 987, Terrell, TX 75160
0.11
-
Studio
-
784
Off Market
8255 Rodeo Dr, Terrell, TX 75160
0.12
$227,700
Studio
-
1,904
Off Market
9573 Rodeo Dr, Terrell, TX 75160
0.12
$203,600
3
2
1,360
Off Market
9582 Rodeo Dr, Terrell, TX 75160
0.13
$302,700
3
3
2,176
Off Market
8185 Cottonwood Ln, Terrell, TX 75160
0.14
$114,100
Studio
-
952
Off Market
8185 Cottonwood Ln, Terrell, TX 75160
0.14
-
-
-
239
Off Market
8287 Rodeo Dr, Terrell, TX 75160
0.16
$217,900
3
2
1,568
Off Market
8229 Cottonwood Ln, Terrell, TX 75160
0.16
$150,500
Studio
-
768
Off Market
8229 Cottonwood Ln, Terrell, TX 75160
0.16
$236,100
Studio
-
1,872
Off Market
9541 Rodeo Dr, Terrell, TX 75160
0.16
$239,500
3
2
1,680
Off Market
9550 Rodeo Dr, Terrell, TX 75160
0.16
$246,300
Studio
-
2,464
Off Market
8126 Cottonwood Ln, Terrell, TX 75160
0.18
$216,300
Studio
-
1,176
Off Market
8126 Cottonwood Ln, Terrell, TX 75160
0.18
-
Studio
1
1,216
Off Market
8251 Cottonwood Ln, Terrell, TX 75160
0.19
$185,600
3
2
1,848
Off Market
8251 Cottonwood Ln, Terrell, TX 75160
0.19
-
-
-
-
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

Single-Family Home
Built in 1996
25.37 acre lot
2,128 sqft
$304/sqft
Garage

About this House

What's unique:Jet skisExtra storageGorgeous mature treesLarge work vehiclesOpen floor planCovered back porch
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $647,300, with a rent estimate of $2,321/month.

Home Details for 8501 FM 987

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating 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 September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
216
14MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Terrell

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 75% say there's holiday spirit
  • 50% say neighbors are friendly
  • 47% say there are sidewalks
Trulia Trick or TreatStart Ghost Hunt
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. "
    1
    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
  • 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

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 $647,300.
  • Is Terrell a buyer's or seller's market?
    Terrell is currently a buyer's market, based on recent for-sale activity.
  • 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.
  • What are the closest schools to 8501 FM 987?
    The closest schools to 8501 FM 987 in Terrell, TX are Gilbert Willie Sr Elementary School (rated 3/10), Herman Furlough Jr Middle School (rated 3/10), Terrell High School (rated 3/10).
  • Does 8501 FM 987 have laundry facilities?
    Yes, 8501 FM 987 in Terrell, TX has in-unit laundry.
  • How big is the lot at 8501 FM 987?
    The lot at 8501 FM 987 in Terrell, TX is about 25.4 acres.

Explore by feature - Pet Friendly

31 pet-friendly rentals in Terrell, TX

Explore by feature - Garage

16 rentals with a garage in Terrell, TX

Explore by feature - Air Conditioning

26 rentals with air conditioning in Terrell, TX

Explore by feature - Washer/dryer

24 rentals with a washer/dryer in Terrell, TX

Explore by feature - Outdoor Space

7 rentals with an outdoor space in Terrell, TX

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 8501 FM 987

Skip to last item
Skip to first item

Homes for sale near 8501 FM 987

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item