Description
This 8-acre parcel of land presents an exceptional investment opportunity with multiple potential uses. located just outside the city limits, this property offers a prime location for future development with easy access to local amenities. the land has been upgraded with city sewer and the seller has secured a letter of intent from the local water district to service up to 110 units, making it ideal for a multi-unit residential development.
offering flexibility for a variety of development projects including its strategic location, upgraded infrastructure, and access to utilities, this property is poised for long-term growth. don’t miss out on this opportunity to secure a desirable piece of land with strong growth potential.
Property Type
LandSubdivision
Preston Lakes Ph FourCounty
HuntStyle
LandAD ID
48390318
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Property Details
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Interior Features
Utilities
- All Weather Road,City Sewer,Co-op Water,Outside City Limits
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Property / Lot Details
Lot Information
- Lot Size (Acr): 8.0500
- Lot Size Units: Acres
- Lot Size Square Feet: 350658.0000
- Lot Size Source: Public Records
- Lot Features: Acreage
Property Information
- Property Type: Land
- Property Sub Type: Improved Land
- Subdivision: S5049
- City: Lone Oak
- State: Texas
- Directions: From 69 in lone oak turn on 1567 property is on the left
- Property Status: Active
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Listing Information
Listing Price Information
- Original List Price: $389,000
Listing Information
- Possession: Closing/Funding
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Taxes / Assessments
Tax Information
- Parcel Number: 244844
- Tax Legal Description: S5049 STEWART ADDITION LOT 1 ACRES 8.05
- Tax Lot: 1
- Unexempt Taxes: $2,669
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- HOA Type: None
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School, Utilities & Location Details
School Information
- Elementary School: Loneoak
- Middle School: Loneoak
- High School: Loneoak
- School District: Lone Oak ISD
Utility Information
- Utilities: All Weather Road,City Sewer,Co-op Water,Outside City Limits
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BuyOwner last updated this listing 01/23/2025 @ 11:50
- MLS: 448632901
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 8 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lone Oak , in zip code 75453, this Hunt County Land , it is in the Preston Lakes Ph Four Subdivision, and are nearby neighborhoods.