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$725,000 -$24,500 (-3.27%) Price Reduced

  • For Sale
  • Active
  • Industrial
  • 2,965 Sq. Ft.
  • 10.169 Acres
  • Updated 1 day ago
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Located outside city limits with no restrictions, this approximately 10-acre property offers exceptional flexibility for commercial, agricultural, or mixed use opportunities. Positioned in a growing area of Terrell with convenient access to major roadways, the property provides space, visibility, and versatility for a variety of business operations. The existing improvements include a substantial residential structure that can support multiple commercial uses such as office space, short term rental, retreat lodging, or a live work setup for an owner operator. A large game room and separate guest suite create additional flexibility for workspace, staff quarters, or client accommodations. The land is well suited for commercial operations with open areas, functional outbuildings, fencing, and multiple water sources already in place. These features support a range of possibilities including contractor headquarters, equipment storage, light industrial use, event or retreat space, agricultural business, or a small business operating from a private setting. With no city restrictions limiting how the land can be used, this property provides a rare opportunity for entrepreneurs, investors, and business owners seeking acreage with improvements that can adapt to many commercial needs while remaining within convenient reach of the Dallas Fort Worth metro area

Full Property Details for 12282 FM1392

General

  • Price: $725,000
  • Taxes: $2,981
  • Status: Active
  • Type: Industrial
  • Source: NTREIS
  • MLS ID: 21210348
  • Updated: 4/3/2026
  • Added to Site: 19 day(s) ago

Business

  • Business Type: Other

Interior

  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Linoleum, Wood

Additional Information

  • Security/Safety: Security Gate

Parking

  • Carports: Yes
  • Parking Features: Covered, Carport, Detached Carport, Driveway, Gravel, Gated, Parking Pad, Storage

Location

  • County: Kaufman
  • Subdivision: Lawrence
  • Driving Directions: FM 1392 & Hwy 80: North on 1392, property on Right.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Central, Electric, Fireplace(s)

Utilities

  • Sewer: Septic Tank
  • Utility Description: Septic Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Log
  • Roof: Composition, Shingle
  • Stories/Levels: 1
  • Square Feet: 2,965
  • Sq. Ft. Source: Public Records
  • Year Built: 1997

Lot Features

  • Lot Size (Acres): 10.169
  • Lot Size (Sq. Ft.): 442,961.64
  • Lot Size Source: Assessor
  • Frontage: Farm to Market Road, Gravel
  • Lot Features: Acreage, Agricultural, Cleared, Pasture, Pond on Lot, Many Trees
  • Potential Use: Other
  • Zoning: Residential, Agriculture, possible for industrial, commercial, other

Financial Considerations

  • Tax Amount: $2,981
  • Terms: Cash, Conventional, VA Loan
  • Tenant Pays: None

Disclosures and Reports

  • Legal Description: LAWRENCE, BLOCK ORIG BLOCK 167, 168, 172 & 17
  • Exclusions: Sellers are working on a list of exclusions. Please see attached.
  • Inclusions: Land Only
  • Property ID: 30002
  • Block: 167

Listed by Keller Williams Rockwall, Patty Turner and Keller Williams Rockwall, Jennifer Pyatt

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Listing agents

— 12282 FM1392 —

  • Patty Turner

    Keller Williams Rockwall

  • Jennifer Pyatt

    Keller Williams Rockwall

972-772-7000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12282 FM1392

School District:Terrell Independent School District
NameGradesDistance
Gilbert Willie Sr Elementary School
1400 South Rockwall Avenue, Terrell, TX 75160
K-53.7 mi
Herman Furlough Jr Middle School
1351 Colquitt Road, Terrell, TX 75160
6-82.6 mi
Terrell High School
400 Poetry Road, Terrell, TX 75160
9-123.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12282 FM1392 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Price Reduced
$725,000
-3.27%
MLS
3/16/2026
Listed
$749,500
—
MLS
Get Price Alerts and Save Property
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 for 12282 FM1392

Year
Property Taxes
Change
Tax Assessment
Change
2024
$772
2%
$466,815
—
2023
$756
—
$466,960
14%
2023
$756
-55%
$410,500
-7%
2022
$1,685
1%
$441,130
55%
2021
$1,661
1%
$283,753
10%
2020
$1,652
-39%
$258,970
132%
2018
$2,713
7%
$111,790
7%
2017
$2,524
6%
$104,020
6%
2016
$2,377
6%
$98,060
-1%
2015
$2,234
-11%
$98,910
-10%
2019
$2,507
21%
$110,270
10%
2013
$2,070
—
$100,630
-1%
2013
$2,070
—
$101,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Rockwall, Patty Turner and Keller Williams Rockwall, Jennifer Pyatt

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12282 Fm 1392, Terrell, TX 75160 (MLS# 21210348) is a Industrial property. 12282 Fm 1392 is currently listed for $725,000 and was received on March 16, 2026. Want to learn more about 12282 Fm 1392? Do you have questions about finding other Industrial real estate for sale in Terrell? You can browse all Terrell real estate or contact a Coldwell Banker agent to request more information.

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