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507 Nash Street

Terrell, TX 75160

$215,000

3 units · 1917

Units3
Building area2,882 sq ft
Year built1917
Gross income$50,400/yr
Cap rate12.84% as listed
Parking3 spaces
Lot size0.146 acres
TypeTriplex

What it costs to own

Taxes$9,001 per year
HOANone listed
Operating expenses$22,200 per year — as listed
Net operating income$27,600 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

MOTIVATED SELLER...Well-located two-story residential property currently configured as three separate living areas, each featuring 2 bedrooms and 1 bathroom, central heating and air, and private patio space (two front patios and one rear). The overall layout includes multiple kitchens, a mix of carpet and hardwood flooring, and tile in all bathrooms.

The structure sits on a pier-and-beam foundation with vinyl siding and a composition shingle roof (approx. 15 years old). Additional features include concrete and asphalt driveway parking, city sewer service, a single water meter, updated plumbing, and an all-electric setup with no gas appliances.

Long-term occupants have been in place for approximately 10 years, and the landlord currently pays all utilities. Property condition reflects normal wear consistent with long-term occupancy.

Property is currently configured as three units; however, zoning, use, permits, and occupancy status have not been completed or verified. Buyer to independently verify allowable use, zoning, permitting, and occupancy requirements with the City of Terrell. Property is offered as-is. Property can be converted back to a single-family unit if desired.

The details

HeatingCentral, Electric
CoolingCentral Air, Electric, Wall/Window Unit(s)
FlooringCarpet, Luxury Vinyl Plank, Tile
AppliancesElectric Range
Interior featuresOther
Fireplace1 · Wood Burning

Construction materialsVinyl Siding, Wood
RoofComposition
FoundationPillar/Post/Pier

Lot featuresCorner Lot
FencingChain Link
Water sourceCity Water
SewerCity Sewer

SubdivisionWestern

ElementaryKennedy
Middle schoolFurlough
High schoolTerrell
DistrictTerrell ISD

Gross income$50,400 per year
Operating expenses$22,200 per year
Cap rate12.84% — as listed
Net operating income$27,600 per year

MLS #21151671
Source
Price changeReduced by $10,000 · Oct 10, 2026
On the market217 days
CountyKaufman

Around this home

One moment…

Everyday life

Nearest groceryLa Azteca Meta Market · 0.2 mi
Nearest parkBreezy Hill Park · 0.7 mi

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Listing courtesy of Pinnacle Realty Advisors — Tabi Imah.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21151671. Information last updated October 10, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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