About This Home

This 4-bedroom, 4-bathroom multi-family at 409 E College Street in Terrell, TX is listed for $299,900. Built in 1984, on a 0.15 acres lot.

Key Features

  • Built in 1984
  • 0.15 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
2 full, 2 half
4 spaces
1984

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

409 E College Street

Terrell, TX 75160

Terrell Original

Features & Amenities

Interior Features

HighSpeedInternetCableTv

Exterior Features

Storage

Property Details

Flooring

VinylCarpet

Construction

WoodSiding

Parking

Driveway

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Appliances

ElectricOvenElectricRange

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 409 E College Street is listed at $299,900. The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 0.15 acre lot, 2 stories, 4 parking spaces. Interior Features: HighSpeedInternet, CableTv. Exterior Features: Storage.

This property is listed by Jesse Vasquez and can be reached at (972) 900-9087.

JV

Jesse Vasquez

Agent at Malone and Associates

(972) 900-9087

Listed by Malone and Associates · Broker phone: (972) 900-9087 · View on Broker Site

MLS# 21383830· Source: North Texas Real Estate Information Systems, Inc.· 12 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

409 E College Street, Terrell, TX 75160

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