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$6,234 Closing Credit¹
#20732568, Romilio Castillo, Listing Office: Great Western Realty
$625,000 List price
12362 County Road 331a Terrell, TX 75161
$7,422
Closing credit¹
3 beds
1 full
1,648 sqft
2.4 acres
$379 / sqft
House
Property details
About 12362 County Road 331a
3 HOMES on 2.43 Acres 1 Price -Experience having a full service Covered RV Area, barn, enormous SHOP with full Guest Quarters, and 3 HOMES included on the privacy of your acreage. This sprawling multi family or income producing property on 2.43-acres in Able Springs is a rare find. The MOST OUTSTANDING detail of this magnificent property includes a 1500 sq.ft. guest house retreat! The total property has 4500 sq.ft. overall. Guest House has a fully-equipped Kitchen, BR, 2 BA, Bar and PEACE AND Quiet. This spacious living is perfect for kids, parents, or guests including a full bath, bedroom and kitchen. Inside the main house, observe a step down living room with fireplace, den, 3 BR and an abundance of natural light. 2nd home is a darling 750 sf and currently producing income with occupancy ,see PNL on Transaction desk. #rd Home is Manufactured Home occupied and income producing. DOCS AND PNL ARE IN MLS. NO HOA. INCOME PRODUCING OR MULTI GENERATIONAL.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,648 sqft
Lot size2.43 Acres
Year built1980
ParkingAttached Carport, Additional Parking, Boat, Carport, Garage, RV Carport, RV Access/Parking, Storage, Workshop in Garage
MLS #20607263
Attached garage1 space
FireplacePropane
Virtual tour
Summary
- Full Bathrooms: 1
- Basement: No
- Flooring Type: Combination
- Interior: Other
- Fireplace: Propane
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached Carport, Additional Parking, Boat, Carport, Garage, RV Carport, RV Access/Parking, Storage, Workshop in Garage
- Architectural Style: Traditional, Detached
- Heating: Central
- Cooling: Central Air
- List Price: $625,000
- Price/SqFt: $379
- Annual Tax Amount: $576
- Tax Year: 2024
- Directions: See GPS. EXCELLENT INVESTMENT OPPORTUNITY! Could be used as Multi Generational or Income Producing as Multi Family. It is a huge corner lot with 3 homes, 1 shop with Custom guest quarters upstairs 2 BR, 1 Bath, Kitchen, Living Room, Rv Covered area and Barn.
- Year Built: 1980
- Living Area: 1,648 SqFt
- Lot Size: 2.43 Acres
- MLS Number: 20607263
- MLS Name: NTR
- Office Name: RE/MAX Four Corners
- Office Phone: (972) 396-9100
- Listing Agent: Kim Johnson
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last updated on: 5/9/2025, 6:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
12362 County Road 331a
$7,422
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $247,576 | $576 |
| 2023 | $256,738 | $3,636 |
| 2022 | $305,000 | $3,636 |
| 2021 | $181,271 | $2,624 |
| 2019 | $120,790 | $2,746 |
| 2018 | $118,070 | $2,865 |
| 2017 | $116,907 | $2,837 |
History based on county public records data.
Nearby schools
4
A E Butler Intermediate School
Public District 3-5
5.7 mi
•410 Clardy Dr
7
Boles Elementary School
Public District PK-4
8.7 mi
•9777 FM 2101
2
J. W. Long Elementary School
Public District KG-5
9.5 mi
•300 Creekside Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,429. The majority of Terrell, TX residents have income less than $<35k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
33%
35k-100k
27%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
8%
Single, with Kids
38%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
50%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Bass Pro Shops
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12362 County Road 331a
The listing price of 12362 County Road 331a property is $625,000.
The property 12362 County Road 331a is a house located in Terrell, Texas, 75161.
Active Listing: 12362 County Road 331a is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12362 County Road 331a are: A E Butler Intermediate School (GreatSchools Rating 4/10), Boles Elementary School (GreatSchools Rating 7/10), J. W. Long Elementary School (GreatSchools Rating 2/10), C B Thompson Middle School (GreatSchools Rating 4/10), Boles Middle School (GreatSchools Rating 4/10), Wills Point Jr High School (GreatSchools Rating 4/10), Wh Ford High School (GreatSchools Rating 4/10), Boles High School (GreatSchools Rating 5/10), Terrell High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $576 (source: MLS/based on county public records data).
The property at 12362 County Road 331a has 3 bedrooms and 1 bathroom.
The property 12362 County Road 331a is 1,648 SqFt (source: MLS/tax record).
The year of construction for 12362 County Road 331a is 1980.
This home is located at 12362 County Road 331a in Terrell, TX and zip code 75161. This 1,648 square foot home, which was built in 1980, sits on a 2.43 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 3, 2024 and is currently priced at $625,000.
The inventory of homes for sale in Terrell, TX between March and April 2025 increased by 15.3%. While the average time on the market in April 2025 was 95 days, the median list price was $319,080.
From Rocket Homes Real Estate and based on county public records data.