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$170,000
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Property Description
Build your dream home or investment property on this rare 1-acre lot zoned 2-F Two-Family Residential, allowing for either a custom single-family residence or a duplex. With generous dimensions of 115 x 406 (1.01 acres), this deep, mostly level lot offers endless design possibilities for a spacious one-story layout or multi-unit development. Public utilities-including electricity, gas, water, and sewer-are available at the front of the property for convenient connection. Enjoy direct public street access via Terrace Dr. The lot has no easements or special assessments, giving you full use of the space and maximum flexibility. A prime opportunity for builders, developers, or those looking to create their ideal home-don't miss out!
Full Property Details
Full Property Details for 816 Terrace Dr
General
- Price: $170,000
- Taxes: $2,512
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21128776
- Updated: 12/9/2025
- Added to Site: 40 day(s) ago
Location
- County: Dallas
- Subdivision: Terrace Drive
- Driving Directions: From I35E South exit Parkerville. Head west on Parkerville, turn left onto Terrace.
School Information
- Elem School District: Desoto ISD
- Midd School District: Desoto ISD
- High School District: Desoto ISD
- Elementary School: Amber Terrace
- High School: Desoto
Heating & Cooling
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Features: Acreage
- Development Status: Zoned
- Zoning: Multifamily & Residential
Financial Considerations
- Tax Amount: $2,512
- Terms: Cash, Conventional, Contract, See Agent
Disclosures and Reports
- Legal Description: TERRACE DRIVE BLK A LT 3 ACS 1.010
- Property ID: 201025500A0030000
- Block: A
- Lot Number: 3
Listed by Brownstone Real Estate Group, Ashley Bernard
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Schools
Schools serving 816 Terrace Dr
School District:Desoto Independent School District
| Name | Grades | Distance |
|---|---|---|
The Meadows Elementary School 1016 The Meadows Parkway, DeSoto, TX 75115 | 3-5 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 816 Terrace Dr
Date
Details
Price
Change
Source
12/09/2025
Listed
$170,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 816 Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,512
-1%
$110,000
—
2024
$2,533
-2%
$110,000
-2%
2023
$2,591
37%
$112,500
50%
2022
$1,897
40%
$75,000
50%
2021
$1,353
-6%
$50,000
—
2020
$1,435
—
$50,000
—
2018
$1,434
-1%
$50,000
—
2017
$1,443
1%
$50,000
—
2016
$1,430
-1%
$50,000
—
2019
$1,438
—
$50,000
—
2015
$1,436
97%
$50,000
98%
2014
$728
—
$25,250
—
2013
$730
—
$25,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 816 Terrace Dr
816 Terrace Drive, DeSoto, TX 75115 (MLS# 21128776) is a Lots/Land property with a lot size of 1 acre. 816 Terrace Drive is currently listed for $170,000 and was received on December 09, 2025. Want to learn more about 816 Terrace Drive? Do you have questions about finding other Lots/Land real estate for sale in DeSoto? You can browse all DeSoto real estate or contact a Coldwell Banker agent to request more information.

