#20825376, James Baker Jr, Listing office: MTX Realty, LLC
401 Lawrence Ave Terrell, TX 75160
Property details
About 401 Lawrence Ave
A true Diamond in the Rough! Please Read Seller Instructions Before Submitting Offers: Cash offers only, No blind offers, go see the property. No assignment of contracts, End buyers only. Bring your vision, tools, and imagination. Prime Opportunity Near Historic Downtown Terrell. Unlock the potential of this oversized quarter acre lot just minutes from the vibrant heart of Downtown Terrell. Nestled in a quiet, established neighborhood, this 1960-built traditional home is your blank canvas ready for a complete transformation or a total rebuild. Whether you're a seasoned investor or a builder looking for your next project, this property offers the perfect foundation to create something special in a rapidly revitalizing area. Why You’ll Love It: Sits on a deep, spacious lot with room to expand. Endless potential: Tear it down and build new or remodel to bring it back to life. Located just minutes from shops, restaurants, and major highways. Area is experiencing exciting growth!
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Gas Range
- Basement: No
- Flooring Type: Carpet, Tile
- Interior: Eat-in Kitchen
- Total Bedroom Count: 2
- Parking: Driveway
- Architectural Style: Traditional, Detached
- Heating: Central, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $149,900
- Price/SqFt: $159
- Annual Tax Amount: $571
- Tax Year: 2024
- Lot: Back Yard, Lawn
- Directions: From cross roads Hwy 205 and Hwy 80. travel east on Moore Ave, make a left on 3rd Street, follow to Lawrence Ave, turn right and property will be on the right hand side.
- Year Built: 1960
- Living Area: 938 SqFt
- Lot Size: 0.258 Acres
- MLS Number: 20970663
- MLS Name: NTR
- Office Name: Ultima Real Estate
- Office Phone: (214) 417-1240
- Listing Agent: Maria Samano
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Last updated on: 7/28/2025, 7:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 | $185,194 | $571 |
2023 | $173,059 | $747 |
2022 | $165,241 | $747 |
2021 | $118,522 | $689 |
2019 | $51,280 | $1,506 |
2018 | $45,800 | $1,415 |
2017 | $45,220 | $1,379 |
History based on county public records data.
Nearby schools
5
Global Leadership Academy
Public Magnet KG-5
0.4 mi
•305 W College St
3
Dr. Bruce Wood Elementary School
Public District KG-5
1.1 mi
•121 Poetry Rd
3
Gilbert Willie Sr. Elementary School
Public District KG-5
1.4 mi
•1400 S Rockwall Ave
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 $49,139. The most common annual income of people living in Terrell, TX is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 401 Lawrence Ave
The listing price of 401 Lawrence Ave property is $149,900.
The property 401 Lawrence Ave is a house located in Terrell, Texas, 75160.
Active Listing: 401 Lawrence Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 401 Lawrence Ave are: Global Leadership Academy (GreatSchools Rating 5/10), Dr. Bruce Wood Elementary School (GreatSchools Rating 3/10), Gilbert Willie Sr. Elementary School (GreatSchools Rating 3/10), Herman Furlough Jr. Middle School (GreatSchools Rating 4/10), Brown Middle School (GreatSchools Rating 5/10), Jackson Middle School (GreatSchools Rating 6/10), Terrell Alternative Education Center/Phoenix School (GreatSchools Rating 10/10), Terrell High School (GreatSchools Rating 3/10), North Forney High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $571 (source: MLS/based on county public records data).
The property at 401 Lawrence Ave has 2 bedrooms and 2 bathrooms.
The property 401 Lawrence Ave is 938 SqFt (source: MLS/tax record).
The year of construction for 401 Lawrence Ave is 1960.
This home is located at 401 Lawrence Ave in Terrell, TX and zip code 75160. This 938 square foot home, which was built in 1960, sits on a 0.26 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $149,900.
In June 2025 in Terrell, TX there were 11.1% more homes for sale than in May. While the average time on the market in June 2025 was 96 days, the median list price was $304,600.