503 Morris St Terrell, TX 75160
Property details
About 503 Morris St
100% occupied 4plex for sale in Terrell, Tx! $4,520 in gross monthly rents + 300 in water bill-backs equals 4,820 in total gross monthly income with room to increase on upcoming renewals. All 2 bed units. Unit 1 lease end date is 6-27-25, Unit 2 lease end date 7-31-25, Unit 3 lease end date 3-31-26, Unit 4 lease end date 6-30-25. Spacious living areas greet you upon entry. Flows seamlessly into your L-shaped Kitchen with plenty of storage and c-top space! Both Bedrooms are a good size! Electric is separately metered and paid by tenants. Water is one meter and paid by owner. Water bill-backs in place to help off-set this cost.
Highlights
Virtual tour
Summary
- MLS Number: 20899506
- MLS Name: NTR
- Office Name: OmniKey Realty, LLC.
- Office Phone: (972) 480-8280
- Listing Agent: Will Clark
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Last updated on: 4/16/2025, 2:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
503 Morris St
$6,531
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 | $338,000 | $5,050 |
| 2023 | $214,470 | $5,341 |
| 2022 | $204,681 | $5,341 |
| 2021 | $196,774 | $4,700 |
History based on county public records data.
Nearby schools
5
Global Leadership Academy
Public Magnet KG-5
0.9 mi
•305 W College St
3
Dr. Bruce Wood Elementary School
Public District KG-5
1.1 mi
•121 Poetry Rd
2
J. W. Long Elementary School
Public District KG-5
1.2 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 $44,627. Typical income of Terrell, TX residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Extreme Sports
Where do the neighbors shop?
Family Dollar
Kmart
Wal-Mart
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Sonic
What do the neighbors drive?
Ford
Buick
Oldsmobile
What do the neighbors listen to?
New Country
Oldies- Contemporary Inspirational
This home is located at 503 Morris St in Terrell, TX and zip code 75160. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $550,000.
In March 2025 more than 0 listings in Terrell, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. Between February and March 2025, Terrell, TX real estate market has seen increase in the number of listings by 13.4%. The median list price of listings available in March 2025 was $275,000, while the average time on the real estate market was 330 days.