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$379,900
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Property Description
RARE 5.2± ACRE RESIDENTIAL OPPORTUNITY INSIDE TERRELL CITY LIMITS! Discover land with character, mature trees, open acreage & a park-like setting offering the feel of the country near town. An approved & recorded plat creates 2 residential parcels, making this an extraordinary opportunity for 2 homes, multi-generational living, a family compound, or buyers who want to live on one parcel while preserving flexibility for the other. Two former double-wide homes have been removed, leaving valuable infrastructure in place: a tested private water well, 2 aerobic septic systems, shared electrical infrastructure & 2 RV hookups. An owned 40-panel solar system producing approximately 14.2 kWp, along with additional dedicated panels & battery backup, serves the powered garage, storage building & 2 homesites. Together, the private well & solar improvements helped keep utility costs extremely low when both former homes were occupied, offering meaningful value for future residential use. An approximately 5,000 SF covered, 2-story steel pavilion adds exceptional versatility for gatherings, recreation, covered RV or manufactured-home placement, storage, a future shop or barndominium-style conversion. With agricultural use, it could also offer potential for a covered horse arena, stalls or working pens, subject to City approval & applicable requirements. The City of Terrell has indicated residential as its desired future zoning along CR 318, creating an appealing setting for this property's next chapter. Enjoy space to garden, gather & explore, with the wooded rear portion ideal for walking, hiking or biking trails. Some floodplain lies toward the back near the neighboring creek. Located in an IRS-designated Opportunity Zone with access to Hwy 34, Hwy 80, I-20, Downtown Terrell & DFW. Property is offered together; any separate purchase would be subject to Seller approval, City requirements & applicable restrictions. Bring your vision & discover the possibilities!
Full Property Details
Full Property Details for 14076 Co Rd 318
General
- Price: $379,900
- Taxes: $4,503
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21311840
- Updated: 8/21/2026
- Added to Site: 72 day(s) ago
Exterior
- Exterior Features: Awning(s), Other, Storage
Parking
- Parking Features: Boat, RV Access/Parking
Location
- County: Kaufman
- Subdivision: Guyton Add
- Driving Directions: Only 5 minutes from Downtown Terrell, head North on Hwy 34 for 3.5 miles, & make a left on N Frances St. Stay on N Frances for .4 miles & then, take a Right on County Road 318, in 700 feet, the property is on your Right, with chain gate across entry with combonation lock. Please note there is no SOP
School Information
- Elem School District: Terrell ISD
- Midd School District: Terrell ISD
- High School District: Terrell ISD
- Elementary School: Long
- Middle School: Furlough
- High School: Terrell
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Private, Well
- Well: Yes
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Pasture, Recreational
- Year Built: 2015
Additional Structures
- Other Structures: Garage(s), Storage
Lot Features
- Lot Size (Acres): 5.2
- Lot Size (Sq. Ft.): 226,512
- Frontage: County Road
- Lot Features: Acreage, Cleared, Level, Many Trees, Sloped, City Lot
- Potential Use: Agricultural, Commercial, Development, Grazing, Pasture, Residential, Single Family
- Zoning: Agricultural
- Fencing (Description): None
Financial Considerations
- Tax Amount: $4,503
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Topographical Survey, Aerial, Survey
- Legal Description: GUYTON ADDITION, LOT 1; & OUTBUILDINGS
- Disclosures/Rstr.: Flood Plain Disclosure
- Property ID: 6822
- Lot Number: 1
Listed by RE/MAX Landmark Rose, Courtney Bishop
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Schools
Schools serving 14076 Co Rd 318
School District:Terrell Independent School District
| Name | Grades | Distance |
|---|---|---|
J W Long Elementary School 300 Creekside Drive, Terrell, TX 75160 | K-5 | 1 mi |
Herman Furlough Jr Middle School 1351 Colquitt Road, Terrell, TX 75160 | 6-8 | 2.5 mi |
Terrell High School 400 Poetry Road, Terrell, TX 75160 | 9-12 | 1.2 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 14076 Co Rd 318
Date
Details
Price
Change
Source
8/21/2026
Price Reduced
$379,900
-2.34%
MLS
6/25/2026
Listed
$389,000
—
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 14076 Co Rd 318
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,503
190%
$185,820
144%
2021
$1,551
77%
$76,267
98%
2019
$874
-4%
$38,460
3%
2017
$910
—
$37,480
—
2016
$909
29%
$37,480
21%
2015
$702
11%
$31,080
—
2013
$631
—
$31,080
—
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 14076 Co Rd 318
14076 County Road 318, Terrell, TX 75160 (MLS# 21311840) is a Lots/Land property with a lot size of 5.2 acres. 14076 County Road 318 is currently listed for $379,900 and was received on June 25, 2026. Want to learn more about 14076 County Road 318? Do you have questions about finding other Lots/Land real estate for sale in Terrell? You can browse all Terrell real estate or contact a Coldwell Banker agent to request more information.

