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$289,000
3 Beds 3 Baths 21307097 MLS ACTIVE Status
Motivated Seller! Rare opportunity to own approximately 3.3 acres less than one mile from Lake Tawakoni destinations for boating, fishing, and year-round fun. Combining immediate income with future upside, this property offers the flexibility investors and entrepreneurs are searching for. The property is currently improved with two manufactured homes, including two occupied by long-term tenants, providing established rental income from day one. Each home enjoys its own private driveway, enhancing privacy and functionality for occupants. The acreage is fully fenced with gated entry, One home is a 2 bedroom, 2 bath approximately 1,216 sqft and the other is 1 bedroom, 1 bathroom approximately 980 sqft while a substantial workshop offers space for equipment, storage, business use, boats, RVs, or recreational gear sitting by the pond. With level topography, usable acreage, and a location just minutes from the lake, buyers may envision a variety of future possibilities, including a boutique tiny home community, additional cabins, RV accommodations, boat storage, or other recreational and investment ventures, subject to zoning, permitting, and local approvals. Properties offering existing cash flow, room to expand, and close proximity to Lake Tawakoni are becoming increasingly difficult to find. Whether you're seeking an income-producing investment, a private lakeside escape, or a property with long-term growth potential, this versatile tract presents an opportunity to enjoy returns today while planning for tomorrow's vision.

356 Fm 751, Wills Point

$520,000
3 Beds 3 Baths 21255586 MLS ACTIVE Status
Wide-open spaces and authentic Texas character! Rare opportunity to own a highly improved 20-acre ranchette offering privacy, versatility, and an impressive collection of improvements for ranch, recreational, hobby, or homestead use. Enter through the automatic gate and follow the winding drive beneath mature oak trees to a charming, one-of-a-kind home surrounded by scenic countryside and anchored by a historic windmill. Inside, the home offers two primary suites, custom barn doors, custom cabinetry, and distinctive details that create warmth and personality throughout. Major recent improvements include a metal roof replaced in 2021, septic system replaced in 2023, and Trane HVAC system replaced in 2025. A standout feature of the property is the approximately 1,560 sq ft workshop, set up for welding and machine work with air lines along the walls, space for two vehicles, two additional storage rooms, and a separate office—an exceptional setup for a craftsman, business owner, collector, or serious hobbyist. Two additional outbuildings provide even more storage and flexibility. The acreage is well-equipped for livestock and country living with a separate 3-stall run-in, RV or boat parking, and three automatic feeding tanks positioned throughout the property. The pump house is equipped with a water softener, water purification system, and holding tank. For hunters and outdoor enthusiasts, the land offers natural cover and wildlife habitat, while abundant birdlife and peaceful native surroundings make it a bird watcher's paradise. Mature trees, usable acreage, privacy, substantial improvements, and true Texas character come together in a property with remarkable versatility. Whether you're looking for a ranchette, recreational retreat, workshop property, or peaceful place to call home, this one deserves a closer look. Schedule your private showing today!

1360 W Us Hwy 84th Hwy, Mullin

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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