1008 S Virginia St

$199,000
Price
40,325 / 0.93
Lot Size / Acres

Description

Prime Mixed-Use Opportunity – 1008 S. Virginia Ave, Terrell, TX
Don’t miss this unique opportunity to own a versatile property located in the heart of Terrell, TX. This listing includes two adjacent parcels — one zoned commercial (Tax ID 31808) and the other residential (Tax ID 31807) — being sold together to maximize value and functionality. The commercial lot offers excellent visibility and accessibility along S. Virginia Avenue, ideal for a small business, office, salon, or boutique-style retail.
...Prime Mixed-Use Opportunity – 1008 S. Virginia Ave, Terrell, TX

Don’t miss this unique opportunity to own a versatile property located in the heart of Terrell, TX. This listing includes two adjacent parcels — one zoned commercial (Tax ID 31808) and the other residential (Tax ID 31807) — being sold together to maximize value and functionality. The commercial lot offers excellent visibility and accessibility along S. Virginia Avenue, ideal for a small business, office, salon, or boutique-style retail. The residential parcel, located directly next door, provides added flexibility — perfect for a private office, small living quarters, staff accommodations, or overflow parking. The combined footprint creates a strategic space for live work functionality or additional development potential. The residential structure on site may not meet today’s standards for a primary residence but could be creatively repurposed to support the commercial operation. Whether you’re an entrepreneur, investor, or small business owner, this mixed-use setup offers endless possibilities. Located just minutes from historic downtown Terrell and major thoroughfares, this property sits in a growing area with increasing demand for flexible-use spaces. Key Features:

Two adjacent parcels sold together (Commercial + Residential)

Strategic corner-like visibility

Great for small business with live work or parking potential

Affordable entry into a growing market

Bring your vision and take advantage of this rare dual-zoned opportunity in Terrell. Buyer to verify all zoning, usage, and permitting details with the City of Terrell.
  1. Listed by Richard Carranza • TREC #0562377 • Elite Township Properties • 832-594-0545
  2. Listed by David Carranza • TREC #0779182 • Elite Township Properties

Property Details for 1008 South Virginia Street

Subdivision Name
S2560
Zoning Description
Commercial - Office Support Residential
LISTING UPDATED: 10/04/2025 04:45 PM

Property Details for 1008 South Virginia Street

StatusActive
MLS #21073074
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Improved Land
Year Built-
Lot Size0.93 AC
CountyKaufman County

Location

Listing Courtesy of Elite Township Properties, Richard Carranza; Elite Township Properties, David Carranza
Add your commute

Building Information for 1008 South Virginia Street

Lot Size0.93 AC

Payment Calculator

$1,294 per month

30 year fixed, 6.28% Interest

Principal and Interest

$983

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1008 South Virginia Street

Summary
Location and General Information
  • Block: 119
  • Directions: US-80 E toward Terrell. exit TX-34 S 2nd St. right on TX-34 S, left on Grove St. right on S. Virginia Ave. Property on left 1008 S. Virginia Ave. Hwy 20: I-20 E toward Terrell. Exit TX-34 N head north. Turn right on Grove St, then right on S. Virginia Ave. Property on left 1008 S. Virginia Ave.
  • Elementary School: Burnett
  • Elementary School Name: Burnett
  • High School: Terrell
  • High School Name: Terrell
  • Middle School: Furlough
  • Senior Community Yes/No: No
  • School District: Terrell ISD
  • Geocode Confidence: Medium
  • Latitude: 32.73
  • Longitude: -96.28
  • State: Texas
Taxes and HOA Information
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 3-5,2
Virtual Tour
Interior and Exterior Features
Interior Features
  • Heating: None
  • Cooling: None
Exterior Features
  • Fencing: None
  • Waterfront: No
  • Horse Permitted: No
  • Exterior Buildings: None
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Available
Property and Assessments
  • AG Exemption: No
  • Financing Proposed: Cash
  • Concessions YN: No
  • Loan Type: Treat As Clear
  • Restrictions: Unknown Encumbrance(s)
  • Documents Available: None
  • Property Match: APN
Lot Information
  • Development: City Limits, Utilities Installed, Zoned
  • Dock Permitted: No
  • Easements: Drainage, Electric, Natural Gas
  • Lot Features: Corner Lot
  • Lot Size: .5 to < 1 Acre
  • Lot Size Acres: 0.9257
  • Lot Size Area: 40325.0
  • Lot Size Source: Public Records
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 40325.0
  • Lots Sold Package: 4
  • Lots Sold Separate: 0
  • Multi Parcel ID: Yes
  • Number Of Lots: 2
  • Parcel Number: 31807
  • Parcel Number 2: 31808
  • Road Frontage: City Street
  • Soil Type: Unknown
  • Subdivided: No
  • Current Use: Commercial, Other
  • Lake Pump: No
  • Road Surface Type: Asphalt
Farm Information
  • Crop Retire Program: No
Rent Information
Rent Information
  • Land Leased: No

Property History for 1008 South Virginia Street

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Listed (Active)

NTREIS #21073074

$199,000
DateEvent & SourcePrice
09/29/2025

Listed (Active)

NTREIS #21073074

$199,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1008 South Virginia Street

Taxable ValueLand$198,750Additions-Total$198,750
Tax Record2024$3,734 ($311 / month)
Home Facts
Total Finished SqFt6,770 SqFtAbove Grade Finished SqFt6,770 SqFtLot Size33,123 SqFtStyleCommercialYear Built1970CountyKAUFMANAPN00.2560.0119.0003.00.06.06

Schools near 1008 South Virginia Street

This home is within Terrell Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
J W Long Elementary School
PublicK to 5

Herman Furlough Jr Middle School
Public6 to 8

Terrell High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1008 South Virginia Street is a 0.93 ac of land for sale in Terrell, TX 75160. This property was listed for sale on September 29, 2025 by Elite Township Properties, it's currently listed at $199,000. This listing's school district is Terrell Independent School District. Nearby schools include J W Long Elementary School, Herman Furlough Jr Middle School and Terrell High School. 1008 South Virginia Street is a 0-bed, 0-bath, 0.93 ac of land on a 40,325 sq. ft. / 0.93 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Township Properties, Richard Carranza; Elite Township Properties, David Carranza

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 10/04/2025 04:45 PM