Positioned along SH 289 with valuable road frontage, this 6.597-acre offering presents a unique opportunity for commercial, residential, or investment development in the growing Lake Texoma region. Significant investment continues to bring attention to the area, including Preston Harbor, the approximately 3,100-acre master-planned development on Lake Texoma planned to feature… Read More a future Margaritaville Resort, residential, retail, dining, marina & recreational components. Located near Lake Texoma and approximately 30 minutes from Choctaw Casino & Resort, this property offers strong visibility & a strategic position as growth & development continue throughout the Texoma corridor. The offering consists of two separate parcels: a 3.269-acre tract (MLS #21257140) and a 3.328-acre tract (MLS #21262064), also available for individual purchase. Zoning flexibility further enhances the property’s potential, with the highest & best use aligning with B-2 General Business District, ideal for contractor yards, auto-related businesses or retail with outdoor display. Additional potential uses include B-1 Light Commercial for retail, office or service-based businesses, R-1 single-family residential development, and R-2 Duplex District for investment or multi-unit opportunities. Buyer to verify zoning and intended use. Proposed future improvements to State Highway 289 may further enhance accessibility, traffic flow & long-term commercial potential. City water & city sewer are nearby per the City; buyer to verify availability & connection requirements. The northern parcel is subject to a waterline easement along the far rear of the property. This property presents an opportunity to secure a sizable tract in an area positioned for continued growth. PLEASE NOTE: Seller intends to record a restrictive covenant establishing an approximately 25-foot treed “no-cut” privacy buffer along the north boundary of the property to help preserve natural screening adjacent to the neighboring residence. Read Less
Courtesy of Keystone Realty TX LLC Adela Clement 214-535-0562.
Listing Snapshot
Days Online
184
Last Updated
Property Type
UnimprovedLand
Lot Size
6.6 Acres
MLS Number
21262246
Additional Details
Property Access
Frontage Type: Highway, StateRoad
Disclosures
Easements, FamilialRelation
Fence
Partial, Wire
Lot
6.597 acres, Dimensions: 528 x 579 x 410 x 531, Acreage, Agricultural, Pasture, ManyTrees, Subdivided, CityLot, Grassed, Wooded, Brush
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 405296, Annual Amount: $3,658, Legal Description: G-0873 MCGLOTHLIN JOHN H A-G0873, 3.328 & 3.269 AC, Zoning description: AG, Proposed Highest and Best Use zoning is B2, Possibility of re-zoning to B1, R1, R2
Utilities
SewerAvailable, WaterAvailable, Water Source: Public
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