1/1

$389,000

For Sale
Active
Lots/Land
0.434 Acres

1/1

Property Description

Prime .43-acre commercial lot located on FM 148 in Terrell, TX with excellent visibility and easy access. Zoned commercial and ideal for a variety of uses including office, retail, service business, or investment. High traffic location with great potential for future development. Utilities available and ready for your vision. Endless possibilities in a growing area of Kaufman County.

Full Property Details

Full Property Details for 205 FM148

General

Price: $389,000
Taxes: $4,123
Status: Active
Type: Lots/Land
Source: NTREIS
MLS ID: 21209658
Updated: 5/11/2026
Added to Site: 72 day(s) ago

Location

County: Kaufman
Subdivision: Dewberry 4th
Driving Directions: HWY 80 East to Terrell turn left on FM 148 property is on your left over RR tracks

School Information

Elem School District: Terrell ISD
Midd School District: Terrell ISD
High School District: Terrell ISD
Elementary School: Burnett
Middle School: Furlough
High School: Terrell

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

Detached/Attached: Detached
Current Bldg. Use: Commercial, Unimproved, Vacant

Lot Features

Lot Size (Acres): 0.434
Lot Size (Sq. Ft.): 18,905.04
Frontage: Farm to Market Road, Concrete
Lot Features: Corner Lot
Development Status: Streets Installed
Zoning: Commercial

Financial Considerations

Tax Amount: $4,123

Disclosures and Reports

Legal Description: DEWBERRY 4TH, BLOCK 2, LOT 1R; (REPLAT 3/228)
Property ID: 22641
Block: 2
Lot Number: 1R

Listed by Coldwell Banker Apex, REALTORS, Cory Wiggins and Coldwell Banker Apex, REALTORS, Kimberley Wiggins

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Listing agents

— 205 FM148 —

Cory Wiggins

Coldwell Banker Apex, REALTORS
Kimberley Wiggins

Coldwell Banker Apex, REALTORS

214-728-0482

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NMLS#: 1598647

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Schools

Schools serving 205 FM148

School District:Terrell Independent School District

Name	Grades	Distance
Dr Bruce Wood Elementary School 121 Poetry Road, Terrell, TX 75160	K-5	1.8 mi
Herman Furlough Jr Middle School 1351 Colquitt Road, Terrell, TX 75160	6-8	0.8 mi
Terrell High School 400 Poetry Road, Terrell, TX 75160	9-12	2.3 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 205 FM148 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/11/2026

Price Reduced

$389,000

-7.38%

MLS

3/16/2026

Listed

$420,000

—

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

Tax History for 205 FM148

Year

Property Taxes

Change

Tax Assessment

Change

2024

$3,995

—

$170,145

—

2023

$4,007

-10%

$170,145

—

2022

$4,440

-4%

$170,145

—

2021

$4,604

21%

$170,145

24%

2020

$3,804

25%

$137,580

33%

2019

$3,032

-26%

$103,190

-23%

2018

$4,122

13%

$133,340

11%

2017

$3,661

—

$120,000

—

2016

$3,658

211%

$120,000

191%

2015

$1,177

5%

$41,190

-1%

2013

$1,122

—

$41,780

-3%

2013

$1,122

—

$42,970

—

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.

Estimate the Cost

Estimate the Cost for 205 FM148

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205 Fm 148, Terrell, TX 75160 (MLS# 21209658) is a Lots/Land property with a lot size of 0.434 acres. 205 Fm 148 is currently listed for $389,000 and was received on March 16, 2026. Want to learn more about 205 Fm 148? 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.

205 FM148 Terrell, TX 75160