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About This Home

This 1-bedroom, 1-bathroom single family at 7040 County Road 131b in Terrell, TX is listed for $440,000 ($550 per sqft). Built in 2023, the home offers 800 sqft of living space on a 5.00 acres lot.

Agent Description

Experience peaceful country living with the convenience of nearby amenities in this inviting 800 sq ft, 1-bedroom, 1-bathroom home situated on a beautiful 5-acre tract just outside Terrell in the College Mound community. This property offers the perfect blend of comfort, privacy, and usable land, making it ideal for anyone seeking a quiet retreat, a starter home, or a manageable homestead.

The home features an efficient layout with a cozy living area, functional kitchen, and a comfortable bedroom and bath. With plenty of windows to bring in natural light and provide relaxing views of the surrounding acreage. Whether you’re looking to downsize, invest, or enjoy a simpler lifestyle, this home delivers practical living with room to grow.

Outdoors, the property truly shines. A covered RV parking area with an attached porch and hook-ups installed provides excellent protection for your recreational vehicle, additional storage, or a shaded space to relax and enjoy the open land. With five acres to work with, there’s ample room for livestock, gardening, expansion, or future building projects.

The land offers a peaceful setting with plenty of possibilities for customization. Located just minutes from Terrell’s shopping, dining, and major highways, this property provides the serenity of rural living without sacrificing convenience. Opportunities like this—manageable acreage with a move-in-ready home and RV accommodations don't come along every day -- A great chance to own land, enjoy privacy, and create the lifestyle you’ve been looking for.

Key Features

  • Built in 2023
  • 5.00 acre lot

Property Details

1 story
1 full
2023

Amenities

RV Parking

Monthly Cost Estimate

$2,353/mo

20% down · 6.5% · 30 years

Principal$318
Interest$1,907
Insurance$128

Estimates only. Actual payments may vary.

Location

7040 County Road 131b

Terrell, TX 75161

College Mound Acres

Features & Amenities

Interior Features

ChandelierGranite CountersOpen FloorplanPanelingPantry

Exterior Features

Fence

Property Details

Flooring

Vinyl

Construction

Fiber Cement

Parking

CarportGarageRVSecured

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

CooktopCooktop - ElectricDishwasherRefrigeratorWasher

Questions & Answers

This 1-bedroom, 1-bathroom single family at 7040 County Road 131b is listed at $440,000 ($550/sqft). The estimated monthly payment is $1,907 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 5.00 acre lot. Interior Features: Chandelier, Granite Counters, Open Floorplan. Exterior Features: Fence.

This property is listed by Roland Davis and can be reached at 9723969100 or Roland@the4dreg.com.

RD

Roland Davis

Agent at RE/MAX Landmark Rose

(972) 396-9100

Listed by RE/MAX Landmark Rose · View on Broker Site

MLS# 21203139· Source: listhub· Updated today

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.

7040 County Road 131b, Terrell, TX 75161

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