409 E College St Terrell, TX 75160
Terrell AreaEstimated payment $2,094/month
Total Views
1,149
4
Beds
4
Baths
2,040
Sq Ft
$147
Price per Sq Ft
Highlights
- Covered Patio or Porch
- Luxury Vinyl Plank Tile Flooring
- High Speed Internet
- Outdoor Storage
- Central Heating and Cooling System
- Cross Fenced
About This Home
OWNER FINANCING AVAILABLE! Offered at $299,900 with 10-25% down, an interest rate ranging from 6.5% to 8.5%, and 15- to 25-year term options, subject to seller approval and final negotiated terms. This two-story duplex offers a straightforward opportunity to own a two-unit residential income property in Terrell.Currently both sides are leased at $1300 per mo. Owner Pays water. One side is month to month while the other is leased through February 2027. The building includes 2,040 square feet per public records and two approximately 1,020-square-foot units. Each unit has two bedrooms and one full bath upstairs, plus a spacious living area, dining area, kitchen, laundry connections and half bath downstairs. Both units include covered rear patios and fenced yard space, while four open parking spaces provide convenient off-street parking. The property is served by city water and sewer and sits on a 0.151-acre lot. Buyer and buyer's agent to verify all property information, measurements, rental information, occupancy, expenses and final owner-financing terms.
Listing Agent
Malone and Associates RE Brokerage Phone: 972-564-8800 License #0582176 Listed on: 09/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,171
Year Built
- Built in 1984
Lot Details
- 6,578 Sq Ft Lot
- Cross Fenced
- Chain Link Fence
Parking
- Driveway
Home Design
- Duplex
- Slab Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2-Story Property
Kitchen
- Electric Oven
- Electric Range
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Schools
- Long Elementary School
- Furlough Middle School
- Terrell High School
Utilities
- Central Heating and Cooling System
- Overhead Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4A / 54
- Assessor Parcel Number 40167
Community Details
Overview
- 2 Units
- 2,040 Sq Ft Building
- Terrell Original Subdivision
Building Details
- Gross Income $31,200
- Net Operating Income $22,200
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,156 | $294,012 | $43,487 | $250,525 |
| 2024 | $5,156 | $219,588 | $31,250 | $188,338 |
| 2023 | $4,527 | $192,250 | $27,961 | $164,289 |
| 2022 | $4,343 | $166,413 | $27,961 | $138,452 |
| 2021 | $3,323 | $120,189 | $27,961 | $92,228 |
| 2020 | $2,478 | $89,620 | $13,160 | $76,460 |
| 2019 | $2,770 | $89,620 | $13,160 | $76,460 |
| 2018 | $2,732 | $89,540 | $13,160 | $76,380 |
| 2017 | $2,729 | $89,540 | $13,160 | $76,380 |
| 2016 | $2,729 | $89,540 | $13,160 | $76,380 |
| 2015 | $2,524 | $89,540 | $13,160 | $76,380 |
| 2014 | $2,524 | $89,540 | $0 | $0 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2026 09/10/26 | For Sale | $299,900 | 0.0% | $147 / Sq Ft |
| 02/21/2025 02/21/25 | Rented | $1,350 | 0.0% | -- |
| 02/21/2025 02/21/25 | Under Contract | -- | -- | -- |
| 01/15/2025 01/15/25 | Price Changed | $1,350 | -10.0% | $1 / Sq Ft |
| 11/08/2024 11/08/24 | For Rent | $1,500 | +20.0% | -- |
| 11/03/2022 11/03/22 | Rented | $1,250 | 0.0% | -- |
| 11/03/2022 11/03/22 | For Rent | $1,250 | -3.8% | -- |
| 07/30/2022 07/30/22 | Rented | $1,300 | +8.3% | -- |
| 07/29/2022 07/29/22 | Under Contract | -- | -- | -- |
| 07/26/2022 07/26/22 | For Rent | $1,200 | 0.0% | -- |
| 03/24/2022 03/24/22 | Rented | $1,200 | 0.0% | -- |
| 03/17/2022 03/17/22 | For Rent | $1,200 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $76,450 | New Conventional |
Source: Public Records
About the Listing Agent
I have a saying that I believe holds truer in this industry than in any other. “In a world of change, the learners shall inherit the earth, while the learned shall find themselves perfectly suited for a world that no longer exist.” It is important to keep ahead of the market trends and technoloy to be able to best serve my clients.
Jesse's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21383830
APN: 40167
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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