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$245,000
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Property Description
Welcome to this charming wood-frame home offering nearly 1,900 square feet of comfortable living space, nestled on just under half an acre in a highly desirable, well-established neighborhood. This 3-bedroom, 2-bathroom home features a spacious primary en suite, complete with a stunning exposed beam cathedral ceiling that adds warmth and character. Enjoy relaxing or entertaining on the large covered porch overlooking a beautifully manicured yard shaded by mature trees. The property also includes a convenient one-car attached garage and plenty of outdoor space to make your own. With its unique charm, inviting features, and prime location, this home is the perfect blend of character and comfort. Don't miss your opportunity to own a standout property in a sought-after area!
Full Property Details
Full Property Details for 305 Grace Ln
General
- Price: $245,000
- Taxes: $7,042
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21254776
- Updated: 4/30/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, High Speed Internet, Pantry, Cable TV, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry
- Appliances: Dishwasher, Electric Range, Gas Water Heater, Vented Exhaust Fan
- Flooring: Carpet, Linoleum, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Concrete, Door-Single, Driveway, Garage, Garage Door Opener
Location
- County: Kaufman
- Subdivision: Terrell Rev
- Driving Directions: Moore Ave to Rockwall Ave. Turn North on Rockwall Ave. to Elm Dr. Turn left on Elm Dr. to Grace Ln. Turn right on Grace Ln. Property on Left. Sign in yard.
School Information
- Elem School District: Terrell ISD
- Midd School District: Terrell ISD
- High School District: Terrell ISD
- Elementary School: Kennedy
- Middle School: Furlough
- High School: Terrell
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Gas, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Natural Gas Available, Overhead Utilities, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,893 Sq. Ft.
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.417
- Lot Size (Sq. Ft.): 18,164.52
- Lot Size Source: Assessor
- Lot Features: Back Yard, Interior Lot, Lawn, Landscaped, Few Trees
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $7,042
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: TERRELL REVISED, BLOCK 390, LOT 1D
- Property ID: 41035
- Block: 390
- Lot Number: 1D
Listed by Oakley Real Estate, LLC, Bobby Spears
Get Pre-Approved Today
Schools
Schools serving 305 Grace Ln
School District:Terrell Independent School District
| Name | Grades | Distance |
|---|---|---|
Dr Bruce Wood Elementary School 121 Poetry Road, Terrell, TX 75160 | K-5 | 0.5 mi |
Herman Furlough Jr Middle School 1351 Colquitt Road, Terrell, TX 75160 | 6-8 | 0.9 mi |
Terrell High School 400 Poetry Road, Terrell, TX 75160 | 9-12 | 0.9 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 305 Grace Ln
Date
Details
Price
Change
Source
4/29/2026
Listed
$245,000
—
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 305 Grace Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,098
—
$290,592
—
2023
$4,102
—
$289,977
10%
2023
$4,102
-23%
$264,000
10%
2022
$5,305
-24%
$240,000
-7%
2021
$6,970
590%
$257,566
3%
2020
$1,010
-66%
$250,510
158%
2018
$3,006
11%
$97,230
10%
2017
$2,697
10%
$88,391
10%
2016
$2,449
17%
$80,355
10%
2015
$2,087
-34%
$73,050
-32%
2019
$3,142
56%
$106,953
42%
2013
$2,018
—
$75,150
-3%
2013
$2,018
—
$77,260
—
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 305 Grace Ln
305 Grace Lane, Terrell, TX 75160 (MLS# 21254776) is a Single Family property with 3 bedrooms and 2 full bathrooms. 305 Grace Lane is currently listed for $245,000 and was received on April 29, 2026. Want to learn more about 305 Grace Lane? Do you have questions about finding other Single Family real estate for sale in Terrell? You can browse all Terrell real estate or contact a Coldwell Banker agent to request more information.

