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Mandy Petersen
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(254) 644-8648
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7040 County Road 131b, Terrell, TX 75161

$450,000
  • 7040 County Road 131b, Terrell, TX 75161 Main Photo

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New to the Market Active
BEDS1 BATHS1 full SQUARE FEET800 MLS#21203139
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCollege Mound Acres SCHOOLTerrell ISD

Property 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.

7040 County Road 131b | MLS# 21203139

This single family home located at 7040 County Road 131b, Terrell, TX 75161 is currently listed for sale with an asking price of $450,000. This property was built in 2023 and has 1 bedrooms and 1 full baths with 800 sq. ft. County Road 131b is located in the College Mound Acres subdivision within the Terrell ISD school district. Search College Mound Acres real estate on mandypetersen.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 5.00 Acres
Roof Type: Metal
Year Built: 2023

Amenities

Chandelier
Granite Counters
Open Floorplan
Paneling
Pantry

Feature Descriptions

Accessibility: Accessible Approach with Ramp, Accessible Bath - Full, Accessible Bedroom, Accessible Doors, Accessible Entrance, Customized Wheelchair Accessible
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
Exterior: Fiber Cement
Fencing: Full, Gate, Metal, Wire
Flooring: Luxury Vinyl Plank
Laundry: Electric Dryer Hookup, Full Size W/D Area, Dryer Hookup, Washer Hookup, On Site
Lot: Acreage
Lot Dimensions: 304x636
Parcel#: 20624
Parking: Additional Parking, Private, RV Carport, RV Garage, Secured
Parking Notes: Additional Parking, Private, RV Carport, RV Garage, Se
Patio/Porch: Awning(s), Covered, Deck
Utilities: Electricity Connected, Outside City Limits, Rural Water District, Septic, No City Services

Local Schools

School District: Terrell ISD

Listed By / Shown By

Listed By

Agency Name: RE/MAX Landmark Rose
Agency Contact: 903-567-3100
Agent Name: Roland Davis

agent picture

Shown By

Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 1,132.75 per month $1,001.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $131.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/10/2026. The listing information on this page last changed on 03/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/10/2026 3:49:15 AM EST) or NTREIS (last updated Mon 03/09/2026 11:48:45 PM EST) or SABOR MLS (last updated Tue 03/10/2026 12:51:57 AM EST) or CTXMLS (last updated Mon 03/09/2026 11:34:29 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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