# 7040 County Road 131b, Terrell, TX 75161 > **TL;DR:** 1bd/1ba single family, $390,990 ($489/sqft), built 2023, 800 sqft. > A/C, RV Parking. Est. $2,091/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $390,990 | | Price/sqft | $489 | | Bedrooms | 1 | | Bathrooms | 1 full | | Square Feet | 800 | | Year Built | 2023 | | Lot Size | 217,800 sqft (5.00 acres) | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,977 | | Estimated Insurance | $114 | | **Total** | **$2,091** | ## Nearby Schools - **Middle:** Furlough,Wood - **High:** Terrell ## Key Amenities - A/C - RV Parking ## Property Highlights - Built in 2023 - 5.00 acre lot ## Description ### 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. ## Location - **Address:** 7040 County Road 131b, Terrell, TX 75161 - **County:** Kaufman - **Neighborhood:** College Mound Acres - **Coordinates:** 32.664761, -96.206298 - **Google Maps:** https://www.google.com/maps?q=32.664761,-96.206298 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21203139 ## Listing Agent - **Name:** Roland Davis - **Brokerage:** RE/MAX Landmark Rose - **Phone:** (972) 524-2525 - **Broker Phone:** (972) 524-2525 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7040-County-Road-131B_Terrell_TX_75161_M83802-55312?f=listhub&s=NTREIS&m=21203139&c=propsimple) ## Photos ![7040 County Road 131b - Photo 1](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2262517114r.jpg) ![7040 County Road 131b - Photo 2](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f4029002840r.jpg) ![7040 County Road 131b - Photo 3](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f4160269276r.jpg) ![7040 County Road 131b - Photo 4](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1406844689r.jpg) ![7040 County Road 131b - Photo 5](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1505982591r.jpg) ![7040 County Road 131b - Photo 6](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2816255814r.jpg) ![7040 County Road 131b - Photo 7](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f196704277r.jpg) ![7040 County Road 131b - Photo 8](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f4232312843r.jpg) ![7040 County Road 131b - Photo 9](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2671984418r.jpg) ![7040 County Road 131b - Photo 10](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2354144266r.jpg) ![7040 County Road 131b - Photo 11](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f5157030r.jpg) ![7040 County Road 131b - Photo 12](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f36971045r.jpg) ![7040 County Road 131b - Photo 13](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f3873293443r.jpg) ![7040 County Road 131b - Photo 14](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1355340759r.jpg) ![7040 County Road 131b - Photo 15](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f4230338018r.jpg) ![7040 County Road 131b - Photo 16](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2038400804r.jpg) ![7040 County Road 131b - Photo 17](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1797733267r.jpg) ![7040 County Road 131b - Photo 18](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1543805771r.jpg) ![7040 County Road 131b - Photo 19](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2010886544r.jpg) ![7040 County Road 131b - Photo 20](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1341731690r.jpg) ![7040 County Road 131b - Photo 21](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2255465220r.jpg) ![7040 County Road 131b - Photo 22](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1092417544r.jpg) ![7040 County Road 131b - Photo 23](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2078670154r.jpg) ![7040 County Road 131b - Photo 24](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f1254290141r.jpg) ![7040 County Road 131b - Photo 25](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f2397056706r.jpg) ![7040 County Road 131b - Photo 26](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f3928883680r.jpg) ![7040 County Road 131b - Photo 27](http://lh.rdcpix.com/8230f85c3c6b444f6c5171d9ef2b3e36l-f201498102r.jpg) --- **MLS#:** 21203139 | **Updated:** 2026-09-16 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/7040-county-road-131b-terrell-tx-75161-21203139) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7040-county-road-131b-terrell-tx-75161-21203139#listing", "url": "https://www.propertysimple.ai/listing/7040-county-road-131b-terrell-tx-75161-21203139", "name": "7040 County Road 131b, Terrell, TX 75161", "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. 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Located just minutes from Terrell's shopping, dining, and major highways, this property provides the serenity of rural living without sacrificing convenience. 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