Date
Details
Price
Change
Source
6/18/2026
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$240,000 Just Listed
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Property Description
Large, spacious ranch-style home situated on over an acre of land with a scenic pond. Enjoy the beautiful wood deck-perfect for relaxing after a long day. Conveniently located just minutes from Highway 80, shopping centers, dining, and everyday amenities. This property offers plenty of space and endless potential for its new owners to make it their own. Don't miss this unique opportunity! HUD Case number511-311354 All properties are sold AS-IS without any guarantee or warranty by the seller. 203. Eligible for FHA $100 Down. Review all all disclosures in the hudhomestore portal
Full Property Details
Full Property Details for 7938 FM 987
General
- Price: $240,000
- Taxes: $7,391
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21306885
- Updated: 6/19/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning Stove
- Appliances: Dishwasher, Disposal
- Flooring: Carpet, Ceramic Tile, Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Exterior
- Porch/Patio/Deck: Deck, Covered
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Carport
Location
- County: Kaufman
- Subdivision: Ingram Ranch Estates 1, 2 & 3
- Driving Directions: GPS
School Information
- Elem School District: Terrell ISD
- Midd School District: Terrell ISD
- High School District: Terrell ISD
- Elementary School: Burnett
- Middle School: Furlough, Wood
- High School: Terrell
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Cable Available: Yes
- Utility Description: Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Other, Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Living Area: 3,654 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 1.41
- Lot Size (Sq. Ft.): 61,419.6
- Lot Features: Back Yard, Interior Lot, Irregular Lot, Lawn, Other, Pond on Lot
- Trees/Vegetation: Grassed
- Fencing (Description): Other
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $7,391
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: INGRAM RANCH ESTATES 1, 2 & 3, BLOCK 1, & HOU
- Exclusions: KEYS WILL BE REMOVED FROM ASSET ONCE CLOSED
- Property ID: 27272
- Block: 1
Listed by Infinity Realty Group of Texas, Ray King
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 7938 FM 987 —
Ray King
Infinity Realty Group of Texas
214-418-6845
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 7938 FM 987
School District:Terrell Independent School District
| Name | Grades | Distance |
|---|---|---|
Gilbert Willie Sr Elementary School 1400 South Rockwall Avenue, Terrell, TX 75160 | K-5 | 5.5 mi |
Herman Furlough Jr Middle School 1351 Colquitt Road, Terrell, TX 75160 | 6-8 | 6.3 mi |
Terrell High School 400 Poetry Road, Terrell, TX 75160 | 9-12 | 7.7 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 7938 FM 987
Tax History
Tax History for 7938 FM 987
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,904
-5%
$420,089
20%
2023
$6,192
—
$350,598
-4%
2023
$6,192
165%
$366,265
15%
2022
$2,341
8%
$319,436
55%
2021
$2,172
2%
$206,516
15%
2020
$2,136
-39%
$179,026
17%
2019
$3,482
-1%
$153,150
6%
2018
$3,501
6%
$144,270
6%
2017
$3,309
10%
$136,356
10%
2016
$3,005
6%
$123,960
-1%
2015
$2,842
5%
$125,830
-3%
2013
$2,714
—
$129,490
-3%
2013
$2,714
—
$133,180
—
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 7938 FM 987
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7938 Fm 987, Terrell, TX 75160 (MLS# 21306885) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 7938 Fm 987 is currently listed for $240,000 and was received on June 18, 2026. Want to learn more about 7938 Fm 987? 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.