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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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7892 Fm Rd 2578 , Terrell, TX 75160
$2,000,000
Est. Payment: $10,296.87/mo
0 Bed
0 Bath
10560 Sqft
Status: active | Days on site: 83
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Excellent opportunity to own a fully equipped event venue in Terrell, Texas, with convenient access to the DFW Metroplex and surrounding areas. Situated on 10 acres, this turn-key property offers nearly 11,000 square feet of event space and can accommodate up to 640 guests. The property will include tables and chairs for 500 people and is ready to generate income immediately. Features include two front office spaces, a spacious main event hall boasting a luxury French inspired four tier chandelier, a large built-in stage, dedicated bar area, and a kitchen, food prep area to support catering and event operations. Upstairs, two private suites each include a full bathroom, providing ideal accommodations for bridal parties, event hosts, VIP guests, or on-site management. The expansive acreage offers abundant parking and ample room for outdoor activities, future expansion, or additional event amenities. The property's strategic location near the DFW Metroplex makes it an attractive destination for weddings, corporate events, banquets, concerts, private parties, and community gatherings. With established infrastructure, extensive amenities, and immediate operational capability, this is a rare opportunity to acquire a versatile, income-producing venue in a growing market. Ready for new ownership and continued success. ***SELLER FINANCING IS AVAILABLE. TERMS ARE DEPENDENT ON BUYERS QUALIFICATIONS***

Highlights

Listed by Roberto Castaneda , Malone and Associates RE , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
10

Year Built

2021

County

Kaufman

Neighborhood

Henry J Lynn Dec'd

Listing ID

21287723

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Concrete,Wood

Exterior Features

Lot:Acreage,10 to < 50 Acres
Zoning:Commercial
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:Additional Parking,Gravel,On Site
Principal Interest
$10,297
Taxes
$2,273

Home Price

$2,000,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,296.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,296.87 $2,272.67 $0.00 $12,569.54
Yearly $123,562.42 $27,272.00 $0.00 $150,834.42
Total $3,706,872.68 $818,160.00 $0.00 $4,525,032.68

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Terrell, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems