101 Wallace St, Lone Oak, TX 75453

$69,999

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List Price
$69,999
Price Change
▼ $2,501 1781135107
MLS#
21221830
Status
ACTIVE
Type
Land
Subtype
Land
Acres
0.25
County
Hunt
City
Lone Oak
Subdivision
Orig Town Of Lone Oak

Property Description

Prime .25-acre commercial corner lot located at the intersection of Hwy 69 South and Wallace Street in the growing community of Lone Oak, offering excellent visibility and high traffic exposure. Zoned as a commercial city lot with storage as an approved use, the property has previously operated as a successful snow cone stand, showcasing its potential for retail, food service, or other small business opportunities. Utilities are already in place with active water and electricity meters, along with access to city sewer, water, and trash services. This highly accessible corner location is just minutes from Lake Tawakoni and situated within a desirable school district, making it an ideal investment or business location in a rapidly developing area. The size and layout also make it a great option for a small office or professional space with strong visibility. An additional adjacent approximately .20-acre parcel may be available in the future, offering potential for expansion (buyer to verify).

Additional Information

Unexempt Taxes
$571
Lot Size
10,890
Acres
0.25
Lot Description
Cleared, Corner Lot, City Lot
School District
Lone Oak Isd
Elementary School
Loneoak
Middle School
Loneoak
High School
Loneoak
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Jennifer Samples from Bradford Elite Real Estate LLC. Contact: