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$2,100,000 Just Listed
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Property Description
Excellent opportunity to own a fully equipped event venue in Terrell, Texas, with convenient access to the DFW Metroplex and surrounding areas. Situated on 10 acres, this turn-key property offers nearly 11,000 square feet of event space and can accommodate up to 640 guests. The property will include tables and chairs for 500 people and is ready to generate income immediately. Features include two front office spaces, a spacious main event hall boasting a luxury French inspired four tier chandelier, a large built-in stage, dedicated bar area, and a kitchen, food prep area to support catering and event operations. Upstairs, two private suites each include a full bathroom, providing ideal accommodations for bridal parties, event hosts, VIP guests, or on-site management. The expansive acreage offers abundant parking and ample room for outdoor activities, future expansion, or additional event amenities. The property's strategic location near the DFW Metroplex makes it an attractive destination for weddings, corporate events, banquets, concerts, private parties, and community gatherings. With established infrastructure, extensive amenities, and immediate operational capability, this is a rare opportunity to acquire a versatile, income-producing venue in a growing market. Ready for new ownership and continued success. ***SELLER FINANCING IS AVAILABLE. TERMS ARE DEPENDENT ON BUYERS QUALIFICATIONS***
Full Property Details
Full Property Details for 7892 Fm Rd 2578
General
- Price: $2,100,000
- Taxes: $27,272
- Status: Active
- Type: Commercial Residential Facility
- Source: NTREIS
- MLS ID: 21287723
- Updated: 6/2/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Recreation
Interior
- Flooring: Concrete, Wood
Parking
- Parking Features: Additional Parking, Gravel, On Site
Location
- County: Kaufman
- Subdivision: HENRY J LYNN DEC'D
- Driving Directions: GPS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Aerobic Septic
- Utility Description: Electricity Available, Septic Available
Structural Information
- Detached/Attached: Detached
- Construction: Steel Siding, Stone Veneer
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 10,560
- Sq. Ft. Source: Owner
- Year Built: 2021
Lot Features
- Lot Size (Acres): 10
- Lot Size (Sq. Ft.): 435,600
- Lot Size Source: Public Records
- Lot Features: Acreage
- Potential Use: Other
- Zoning: Commercial
Financial Considerations
- Tax Amount: $27,272
- Terms: Cash, Conventional, Owner Will Carry
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: HENRY J LYNN DEC'D, TRACT 15.05; 10.0 ACRES,
- Inclusions: Furniture, Land & Improvements
- Property ID: 214931
Listed by Malone and Associates RE, Roberto Castaneda
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Schools
Schools serving 7892 Fm Rd 2578
School District:Terrell Independent School District
| Name | Grades | Distance |
|---|---|---|
Gilbert Willie Sr Elementary School 1400 South Rockwall Avenue, Terrell, TX 75160 | K-5 | 4.4 mi |
Herman Furlough Jr Middle School 1351 Colquitt Road, Terrell, TX 75160 | 6-8 | 5.6 mi |
Terrell High School 400 Poetry Road, Terrell, TX 75160 | 9-12 | 7 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 7892 Fm Rd 2578
Date
Details
Price
Change
Source
6/02/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7892 Fm Rd 2578
7892 Fm Rd 2578, Terrell, TX 75160 (MLS# 21287723) is a Commercial Residential Facility property. 7892 Fm Rd 2578 is currently listed for $2,100,000 and was received on June 02, 2026. Want to learn more about 7892 Fm Rd 2578? Do you have questions about finding other Commercial Residential Facility real estate for sale in Terrell? You can browse all Terrell real estate or contact a Coldwell Banker agent to request more information.

