$180,000

401 Lawrence Ave Terrell, TX 75160

$2,138
Closing credit¹
2 beds
2 full
938 sqft
0.3 acres
$192 / sqft
House

Property details

About 401 Lawrence Ave

Spacious Lot Near Downtown Terrell! Don’t miss your chance to own a generously sized quarter-acre lot just minutes from the heart of historic Downtown Terrell. This 1960-built traditional home is a true diamond in the rough, ready for a full remodel or ideal for a fresh rebuild. With a deep and spacious lot, the property offers endless possibilities for those with vision—whether you're a seasoned investor or a builder looking to capitalize on the area’s growth. Enjoy the charm of a quiet neighborhood with short distance to downtown shops, dining, and entertainment. Property Highlights: Prime location near Downtown Terrell, Spacious ¼-acre lot with room to expand, Tear down or full remodel opportunity, Great potential in a revitalizing area. Seller Terms: Cash offers only, No blind offers, No assignment of contracts, End buyers only. Bring your creativity—this one won’t last!

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size938 sqft
Lot size0.258 Acres
Year built1960
ParkingDriveway
MLS #20970663

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: $180,000
  • Price/SqFt: $191
  • 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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 6/16/2025, 7:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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401 Lawrence Ave, Terrell, TX 75160 - single story home with concrete driveway

$180,000

401 Lawrence Ave

$2,138

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,139. Residents of Terrell, TX typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

22%
<35k
62%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
13%
Single, with Kids
25%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 401 Lawrence Ave

The listing price of 401 Lawrence Ave property is $180,000.

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 $180,000.

In May 2025 in Terrell, TX there were 10.2% more homes for sale than in April. The median list price of listings available in May 2025 was $309,999, while the average time on the real estate market was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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