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$454,500
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Property Description
Here's your chance to develop in a path-of-growth corridor. This 3.03-acre parcel offers the space and flexibility needed for a wide range of commercial projects - from retail strip centers to professional office space or service-based businesses. With excellent accessibility and room for parking, signage, and future expansion, this property is designed to support both immediate development and long-term scalability. Ideal for: Retail or restaurant development, Medical or professional offices, Flex space, Investment hold for future appreciation A rare opportunity to control a sizeable commercial footprint in a developing area. In a market where commercial land is tightening, securing over 3 acres gives you leverage. Today and for the future. Let's talk zoning, utilities, traffic counts, and development possibilities. DO NOT MISS the opportunity to own this amazing land!
Full Property Details
Full Property Details for 15227 State Hwy 205
General
- Price: $454,500
- Taxes: $2,358
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21190956
- Updated: 4/29/2026
- Added to Site: 129 day(s) ago
Location
- County: Kaufman
- Subdivision: W E Sullivan
- Driving Directions: Use your GPS
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
- Water: Public
- Utility Description: Electricity Available, None, Other, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Pasture
Lot Features
- Lot Size (Acres): 3.033
- Lot Size (Sq. Ft.): 132,117.48
- Lot Size Source: See Remarks
- Frontage: Highway
- Lot Features: Acreage, City Lot
- Development Status: Other
- Potential Use: Agricultural, Commercial, Development, Horses, Mobile Home, Other, Pasture, Residential, Single Family, Highway/Tourist Service
- Trees/Vegetation: Brush, Cleared, Grassed
- Zoning: currently zoned residential, AG Exempt, Pasture, City and County have approved surrounding parcels to commercial
- Fencing (Description): None, Other, Wire
Financial Considerations
- Tax Amount: $2,358
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Abstract, Aerial, None, Other, Survey
- Legal Description: W E SULLIVAN, TRACT 70.38; 3.0334 ACRES ABS No 490
- Property ID: 51099
Listed by RE/MAX Four Corners, Maria Rios Camacho
Get Pre-Approved Today
Schools
Schools serving 15227 State Hwy 205
School District:Terrell Independent School District
| Name | Grades | Distance |
|---|---|---|
Gilbert Willie Sr Elementary School 1400 South Rockwall Avenue, Terrell, TX 75160 | K-5 | 4.5 mi |
Herman Furlough Jr Middle School 1351 Colquitt Road, Terrell, TX 75160 | 6-8 | 2.6 mi |
Terrell High School 400 Poetry Road, Terrell, TX 75160 | 9-12 | 2.4 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 15227 State Hwy 205
Date
Details
Price
Change
Source
4/29/2026
Price Reduced
$454,500
-2.26%
MLS
2/27/2026
Listed
$465,000
—
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 15227 State Hwy 205
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,168
20%
$97,310
5%
2023
$1,813
—
$92,316
20%
2023
$1,813
45225%
$76,987
645%
2022
$4
—
$10,334
-73%
2021
$4
—
$38,580
3%
2020
$4
—
$37,500
21959%
2017
$4
—
$170
6%
2019
$4
—
$160
-6%
2016
$4
—
$170
—
2015
$4
—
$170
—
2013
$4
—
$170
-11%
2013
$4
—
$190
—
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 15227 State Hwy 205
15227 State Highway 205, Terrell, TX 75160 (MLS# 21190956) is a Lots/Land property with a lot size of 3.033 acres. 15227 State Highway 205 is currently listed for $454,500 and was received on February 27, 2026. Want to learn more about 15227 State Highway 205? 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.

