409 E College Street
Terrell, TX 75160
$299,900
4 beds
2.2 baths
Description
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.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Terrell High School | 9 - 12 | Regular |
| Herman Furlough Jr. Middle School | 6 - 8 | Regular |
| W. H. Burnett Early Childhood Center | PK - PK | Regular |
| J. W. Long Elementary School | KG - 5 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.