Terrell Homes under $500,000

Welcome to Terrell, Texas—a charming city that seamlessly blends small-town warmth with modern conveniences. Nestled in Kaufman County, just a short drive from the bustling metropolis of Dallas, Terrell offers a peaceful escape while keeping you connected to urban amenities. Known for its rich history, Terrell boasts a vibrant downtown area filled with unique shops, delightful dining options, and a friendly community spirit that makes it feel like home.

One of the standout features of Terrell is its diverse range of housing options, particularly for those looking for homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, Terrell offers a variety of charming properties that fit your budget. From cozy single-family homes with spacious yards to modern townhouses and well-appointed condos, there’s something for everyone in this welcoming city.

The real estate market in Terrell is thriving, making it an excellent time to invest in a home. With its attractive price points, prospective homeowners can find properties that not only meet their needs but also provide a sense of community and belonging. Enjoy the tranquility of suburban life while being just minutes away from the excitement of Dallas, where you can explore cultural attractions, shopping, and entertainment.

In Terrell, you’ll discover a place where your dreams of homeownership can become a reality—all while enjoying the warmth and charm of a close-knit community. Come explore Terrell today, and find your perfect home under $500,000!

Newest Terrell Homes under $500,000

$299,900

3 Beds ⋅ 3 Baths ⋅ 21424621 MLS

Room to relax, gather, and entertain! This inviting two-story home in Terrell offers 3 bedrooms, 2.5 baths, and a spacious upstairs game room. A covered front porch welcomes you into an open layout connecting the living room, dining area, and kitchen. Gray cabinetry, stainless steel appliances, a large center island with breakfast bar seating, and generous counter space make the kitchen a standout. Wood-look flooring in the kitchen and dining area complements the home’s neutral color palette and abundant natural light. All three bedrooms are upstairs, including a spacious primary suite featuring a large walk-in closet and an ensuite bath with separate vanities and a glass-enclosed shower. The game room provides flexible space for movie nights, hobbies, or a second living area. A downstairs half bath, dedicated laundry room with built-in shelving, and attached two-car garage add everyday convenience. Outside, enjoy a generous fenced backyard with a patio ready for your grill and outdoor seating.

109 N Island Dr, Terrell

$295,000

3 Beds ⋅ 2 Baths ⋅ 21425219 MLS

11626 County Road 313, Terrell

$315,490

4 Beds ⋅ 2 Baths ⋅ 21421600 MLS

2012 Reveille Way, Terrell

$450,000

5 Beds ⋅ 3 Baths ⋅ 21403465 MLS

Located at 17723 County Road 322A in Terrell, Texas (Kaufman County), this single-family home sits on an expansive 2.5-acre lot within the Terrell Independent School District. Built in 1985, the residence offers a 5-bedroom, 3-bathroom layout spanning approximately 2,470 square feet of living space, complete with an attached garage and an additional carport for parking. The structure features classic brick exterior construction on a solid slab foundation, topped with a durable composition shingle roof.

17723 County Road 322a, Terrell

$289,999

3 Beds ⋅ 2 Baths ⋅ 21419967 MLS

**Incredible Value, Modern Living & NO HOA!** Finding a brand-new 2025 construction home that has never been occupied, offers the freedom of no HOA, and comes at a great price! This is an opportunity you don’t want to miss! Enjoy the benefits of a fresh, modern home without the added expense of monthly HOA fees. Even better, qualified buyers may be eligible for financing options with a low down payment or even **0% down**, depending on the loan program and eligibility requirements. Whether you’re a first-time homebuyer or ready to upgrade, this home offers an exciting opportunity to make homeownership more attainable. Conveniently located near shopping centers, schools, and everyday essentials in Terrell, TX, this is your chance to enjoy modern living, affordability, and flexibility all in one place. Schedule your private showing today!

1221 S Rockwall Ave, Terrell

$205,000

3 Beds ⋅ 2 Baths ⋅ 21419972 MLS

Charming 3-bedroom, 2-bathroom single-story home offers the perfect blend of comfort, style, and convenience. Nestled in a quiet, established neighborhood just minutes from the heart of Terrell, this property greets you with warm curb appeal and a functional layout designed for modern living with a fenced backyard.

706 E High St, Terrell

$249,900

4 Beds ⋅ 2 Baths ⋅ 21419811 MLS

Welcome to this lovely 4 bedroom 2 bath home, where modern elegance meets timeless charm. This home features an open layout and master suite. The open concept layout seamlessly connects the living spaces, creating a welcoming and inviting atmosphere for both entertaining and everyday living. Located in a sought-after area, this home offers convenient access to shopping, dining, parks, and great schools. With its impeccable design and spacing, this home is the epitome of modern living! (Note: Brand-new stainless steel appliances will be installed by the seller prior to closing.)

248 Meadowcrest Dr, Terrell

$240,000

3 Beds ⋅ 2 Baths ⋅ 21417441 MLS

ESTATE SALE – 4 ACRES WITH POND! Discover the potential of this beautiful 4-acre property featuring mature trees, a picturesque pond, and a charming tree-lined driveway leading to a homesite overlooking the water. The property is fully fenced around the perimeter with gated access and offers several freestanding structures - covered parking and storage buildings. A spacious manufactured home is currently on the property and offers the opportunity for renovation or removal to make way for your dream home. Enjoy the peaceful country setting while remaining conveniently located less than 5 miles from two major highways, US Highway 80 and Interstate 20. Located in Wills Point ISD. Property is being sold AS IS, with inspections for buyer's informational purposes only.

9459 County Road 313, Terrell

$229,999

4 Beds ⋅ 2 Baths ⋅ 21418770 MLS

An incredible opportunity you don't want to miss! This home is competitively priced and ready for its next owner.. Welcome to this charming single-story home situated on 1.1 acres with tons of tree coverage, offering the perfect blend of privacy and country living. With NO HOA and plenty of space between neighbors, you'll enjoy the peace and freedom you've been looking for. This spacious home features 4 bedrooms, 2 bathrooms, a second living area or home office, a large family room, and an open-concept kitchen designed for everyday living and entertaining. Recent updates include new kitchen cabinets (approximately 4 years old), granite countertops, recently installed light fixtures, hardwood laminate flooring throughout, HVAC replaced in 2022, and roof installed in December 2025. The oversized garage and covered back patio provide additional space for storage, hobbies, and outdoor relaxation. Move right in while adding your own personal style and finishing touches. This property offers an excellent opportunity to build instant equity in a desirable country setting. Conveniently located just minutes from FM 429 with easy access to US Highway 80, Interstate 20, and SH 205, making commuting to Terrell, Kaufman, Rockwall, and the Dallas metro area a breeze.

7400 County Road 131a, Terrell

$259,950

4 Beds ⋅ 2 Baths ⋅ 21417391 MLS

Well maintained, one-story brick home in Town North Estates features 4 bedrooms, 2 full baths and 2 car garage. Neutral colors throughout give the home a clean, versatile look. The kitchen features a breakfast bar, tile backsplash and stainless steel appliances. Comfortable open living area. Ceiling fans throughout, window coverings, and a mix of carpet, ceramic tile and laminate flooring. Fenced backyard with a storage building. Attached two-car garage. Convenient location with access to shopping, schools and major roadways. Come take a look!

1803 Brookwood Dr, Terrell

$72,500

1 Baths ⋅ 21418376 MLS

INVESTOR SPECIAL – LAND VALUE OPPORTUNITY! Located at 926 S Frances St in Terrell, TX, this property presents an opportunity for investors, builders, or buyers looking for a potential redevelopment project. The existing home is currently boarded up, is in severely distressed condition, and will most likely require complete demolition. The property is being marketed primarily for its land value. Buyers are encouraged to conduct their own due diligence regarding demolition costs, utilities, zoning, and future development possibilities. PROPERTY SOLD AS-IS, WHERE-IS. Seller will make no repairs. Please exercise extreme caution when viewing the property. Do not enter the structure due to potential safety hazards. Bring your vision and explore the possibilities this lot has to offer!

926 S Frances St, Terrell

$229,900

3 Beds ⋅ 2 Baths ⋅ 21416074 MLS

Welcome home to this inviting 3 bedroom, 2 bath brick home offering 1,425 square feet of comfortable living space in an established Terrell neighborhood. The open floor plan features a spacious living room with plenty of room to relax or entertain, flowing into a functional kitchen with built-in cabinetry and ample workspace. The primary bedroom includes a private ensuite bath, while two additional bedrooms provide flexibility for family, guests, or a home office. A separate utility room offers convenient washer and dryer connections. Situated on a manageable lot with a fenced backyard, this home provides a great opportunity for homeowners or investors alike. Conveniently located near Terrell schools, shopping, and major roadways, this property is ready for its next chapter.

852 Beverly Dr, Terrell

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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Terrell Homes under $500,000

Newest Terrell Homes under $500,000

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