19 photos
$575,000
15457 State Highway 205
Terrell, TX 75160
Dee Evans, Coldwell Banker Apex, REALTORS · (972) 772-9300
What the listing says
SELLER FINANCING OPTIONS AVAILABLE AT 10% INTEREST WITH 33% DOWN. Great location off of SH 205 for COMMERCIAL DEVELOPMENT. High traffic and high visibility location in one of the fastest growing areas between Rockwall and Terrell, TX. The orange stakes in the front of the property designate the land that has been acquired by TX DOT for the 205 HWY expansion. With great exposure on SH 205 this could be an incredible opportunity for business or development future site with City services in place. The property has 2 mobile homes on site as well as a 1500 sq ft barn with electric, currently being used for storage (will stay with the property after sale). DON'T MISS THIS OPPORTUNITY TO BE PART OF GROWTH BETWEEN ROCKWALL AND TERRELL.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Land
HOA
None
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Questions about owner financing in Terrell
What is owner financing for 15457 State Highway 205?
Owner financing means the seller of 15457 State Highway 205 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Terrell, TX home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Terrell home?
There is no standard down payment. The seller of this Terrell home sets their own, and it is negotiable. Ask the seller or their agent.