Terrell Homes under $500,000

Welcome to Terrell, Texas – a charming city that embodies the perfect blend of small-town warmth and modern convenience. Nestled in Kaufman County, just a short drive from the bustling metropolis of Dallas, Terrell offers residents a serene lifestyle without sacrificing accessibility to urban amenities. With its rich history, vibrant community spirit, and a range of recreational activities, Terrell is an ideal place to call home.

One of the standout features of Terrell is its diverse real estate market, particularly for those seeking homes under $500,000. Whether you're a first-time homebuyer, looking to downsize, or searching for a family-friendly abode, Terrell has something for everyone. From cozy cottages to spacious family homes, you’ll find properties that cater to various tastes and budgets. Many of these homes boast beautiful yards, modern amenities, and are situated in welcoming neighborhoods, making them perfect for creating lasting memories.

In addition to its affordable housing options, Terrell is known for its excellent schools, abundant parks, and a charming downtown area filled with unique shops and restaurants. The city hosts community events throughout the year, fostering a strong sense of belonging among residents. Outdoor enthusiasts will appreciate the nearby lakes and trails, perfect for hiking, fishing, and enjoying the natural beauty of Texas.

If you're looking for a place that offers a high quality of life without breaking the bank, Terrell, TX, is waiting for you. Discover your dream home in this delightful city and experience all that Terrell has to offer!

Newest Terrell Homes under $500,000

$289,999

3 Beds ⋅ 2 Baths ⋅ 21419967 MLS

**Incredible Value, Modern Living & NO HOA!** Finding a brand-new 2025 construction home that has never been occupied, offers the freedom of no HOA, and comes at a great price! This is an opportunity you don’t want to miss! Enjoy the benefits of a fresh, modern home without the added expense of monthly HOA fees. Even better, qualified buyers may be eligible for financing options with a low down payment or even **0% down**, depending on the loan program and eligibility requirements. Whether you’re a first-time homebuyer or ready to upgrade, this home offers an exciting opportunity to make homeownership more attainable. Conveniently located near shopping centers, schools, and everyday essentials in Terrell, TX, this is your chance to enjoy modern living, affordability, and flexibility all in one place. Schedule your private showing today!

1221 S Rockwall Ave, Terrell

$205,000

3 Beds ⋅ 2 Baths ⋅ 21419972 MLS

Charming 3-bedroom, 2-bathroom single-story home offers the perfect blend of comfort, style, and convenience. Nestled in a quiet, established neighborhood just minutes from the heart of Terrell, this property greets you with warm curb appeal and a functional layout designed for modern living with a fenced backyard.

706 E High St, Terrell

$249,900

4 Beds ⋅ 2 Baths ⋅ 21419811 MLS

Welcome to this lovely 4 bedroom 2 bath home, where modern elegance meets timeless charm. This home features an open layout and master suite. The open concept layout seamlessly connects the living spaces, creating a welcoming and inviting atmosphere for both entertaining and everyday living. Located in a sought-after area, this home offers convenient access to shopping, dining, parks, and great schools. With its impeccable design and spacing, this home is the epitome of modern living! (Note: Brand-new stainless steel appliances will be installed by the seller prior to closing.)

248 Meadowcrest Dr, Terrell

$240,000

3 Beds ⋅ 2 Baths ⋅ 21417441 MLS

ESTATE SALE – 4 ACRES WITH POND! Discover the potential of this beautiful 4-acre property featuring mature trees, a picturesque pond, and a charming tree-lined driveway leading to a homesite overlooking the water. The property is fully fenced around the perimeter with gated access and offers several freestanding structures - covered parking and storage buildings. A spacious manufactured home is currently on the property and offers the opportunity for renovation or removal to make way for your dream home. Enjoy the peaceful country setting while remaining conveniently located less than 5 miles from two major highways, US Highway 80 and Interstate 20. Located in Wills Point ISD. Property is being sold AS IS, with inspections for buyer's informational purposes only.

9459 County Road 313, Terrell

$229,999

4 Beds ⋅ 2 Baths ⋅ 21418770 MLS

An incredible opportunity you don't want to miss! This home is competitively priced and ready for its next owner.. Welcome to this charming single-story home situated on 1.1 acres with tons of tree coverage, offering the perfect blend of privacy and country living. With NO HOA and plenty of space between neighbors, you'll enjoy the peace and freedom you've been looking for. This spacious home features 4 bedrooms, 2 bathrooms, a second living area or home office, a large family room, and an open-concept kitchen designed for everyday living and entertaining. Recent updates include new kitchen cabinets (approximately 4 years old), granite countertops, recently installed light fixtures, hardwood laminate flooring throughout, HVAC replaced in 2022, and roof installed in December 2025. The oversized garage and covered back patio provide additional space for storage, hobbies, and outdoor relaxation. Move right in while adding your own personal style and finishing touches. This property offers an excellent opportunity to build instant equity in a desirable country setting. Conveniently located just minutes from FM 429 with easy access to US Highway 80, Interstate 20, and SH 205, making commuting to Terrell, Kaufman, Rockwall, and the Dallas metro area a breeze.

7400 County Road 131a, Terrell

$259,950

4 Beds ⋅ 2 Baths ⋅ 21417391 MLS

Well maintained, one-story brick home in Town North Estates features 4 bedrooms, 2 full baths and 2 car garage. Neutral colors throughout give the home a clean, versatile look. The kitchen features a breakfast bar, tile backsplash and stainless steel appliances. Comfortable open living area. Ceiling fans throughout, window coverings, and a mix of carpet, ceramic tile and laminate flooring. Fenced backyard with a storage building. Attached two-car garage. Convenient location with access to shopping, schools and major roadways. Come take a look!

1803 Brookwood Dr, Terrell

$235,000

3 Beds ⋅ 2 Baths ⋅ 21417882 MLS

Priced to sell! must see this home before it's gone.

207 E Mccoulskey St, Terrell

$72,500

1 Baths ⋅ 21418376 MLS

INVESTOR SPECIAL – LAND VALUE OPPORTUNITY! Located at 926 S Frances St in Terrell, TX, this property presents an opportunity for investors, builders, or buyers looking for a potential redevelopment project. The existing home is currently boarded up, is in severely distressed condition, and will most likely require complete demolition. The property is being marketed primarily for its land value. Buyers are encouraged to conduct their own due diligence regarding demolition costs, utilities, zoning, and future development possibilities. PROPERTY SOLD AS-IS, WHERE-IS. Seller will make no repairs. Please exercise extreme caution when viewing the property. Do not enter the structure due to potential safety hazards. Bring your vision and explore the possibilities this lot has to offer!

926 S Frances St, Terrell

$229,900

3 Beds ⋅ 2 Baths ⋅ 21416074 MLS

Welcome home to this inviting 3 bedroom, 2 bath brick home offering 1,425 square feet of comfortable living space in an established Terrell neighborhood. The open floor plan features a spacious living room with plenty of room to relax or entertain, flowing into a functional kitchen with built-in cabinetry and ample workspace. The primary bedroom includes a private ensuite bath, while two additional bedrooms provide flexibility for family, guests, or a home office. A separate utility room offers convenient washer and dryer connections. Situated on a manageable lot with a fenced backyard, this home provides a great opportunity for homeowners or investors alike. Conveniently located near Terrell schools, shopping, and major roadways, this property is ready for its next chapter.

852 Beverly Dr, Terrell

$319,995

3 Beds ⋅ 2 Baths ⋅ 21416925 MLS

New construction home in Terrell featuring 3 bedrooms, 2 bathrooms, and an open-concept floor plan. Brick and stone exterior, porcelain tile flooring throughout the home, modern kitchen with tile backsplash, stylish quartz countertops, stainless steel appliances, and gas range. The primary suite features dual vanities, a separate shower, bathtub, and walk-in closet. The finished garage includes heating and air conditioning, offering flexible space for a home office, gym, game room, or additional living area. Spacious backyard with wood privacy fence and extra parking space for vehicles. Conveniently located near shopping, dining, and major highways.

707 N Blanche St, Terrell

$429,900

4 Beds ⋅ 3 Baths ⋅ 21416406 MLS

Beautiful custom-built new construction situated on **1.3 ACRES**, featuring a welcoming **CIRCULAR DRIVEWAY** and an abundance of mature trees in both the front and backyard, offering a beautiful, peaceful setting! This home features an open floor plan, soaring ceilings, and spacious bedrooms throughout! The kitchen showcases gorgeous neutral-toned granite countertops, abundant cabinetry, and a built in pot filler. The **OVERSIZED DETACHED GARAGE** includes a HALF BATH and a **LARGE UPSTAIRS STORAGE AREA** that could also serve as a man cave, hobby room, or additional flex space. Looking for room to grow? An exterior door provides access to an **EXPANSIVE UNFINISHED ATTIC AREA** with incredible potential to be converted into one or two additional bedrooms, an oversized game room, or a media room with a full bath. The possibilities are endless! Even the little details have been considered, including pre-installed hooks for hanging Christmas lights. A thoughtfully designed custom home offering beautiful finishes, generous space, and plenty of room to enjoy both indoors and out! Enjoy the best of both worlds—peaceful country-style living on a beautiful 1.3-acre lot surrounded by an abundance of mature trees, while still enjoying the conveniences of Terrell! Explore the charm of historic downtown, local restaurants, shopping, and entertainment, all with easy access to I-20 and the Dallas area.

16333 County Road 339, Terrell

$275,000

4 Beds ⋅ 2 Baths ⋅ 21415255 MLS

Brand New 2026 Manufactured Home on 1 Acre! Welcome to your slice of Texas country living! This stunning new-construction home sits on a spacious 1-acre corner lot in Terrell, outside of city limits with no restrictions. Room to breathe and grow, just minutes from Terrell schools and shopping. Step inside to find 1,568 square feet of thoughtful, custom design offering 4 bedrooms and 2 full baths. The open-concept living area features bright windows that fill the space with natural light. The kitchen shines with white cabinets, a large island with seating, black Frigidaire appliances including new refrigerator plus an upgraded white tile backsplash. The master suite boasts a garden tub AND stand-up shower, while three additional bedrooms offer plenty of space for family, guests, or a home office. A dedicated utility room makes laundry a breeze. Outside, the durable smart siding and skirting are built to last in Texas weather, and you'll love the spacious stained decks: 10'x18' front deck and 4'x8' rear deck. Electrical hook up for an RV already installed, so bring your RV. You have to see it to believe it!

7200 Fm 2728, Terrell

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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Terrell Homes under $500,000

Newest Terrell Homes under $500,000

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