Wills Point, TX 75169
$385,000List Price
$3,324 Est. Mo. Payment
For a given home price of $385,000, the monthly mortgage is computed using a 5% down payment ($19,250) and a 7.5% annual interest rate, spread over 360 payments.
2
2
2
980ft2

Kaedon Kesterson

Re/MAX Landmark Edgewood

, TX

Status

Available

Market MatchUP

How this home compares to similar 2 bedroom homes in Wills Point
  • Price Comparison
    $142,978 higher
  • Home Size
    313 sq. ft. smaller
  • Built in 1998
    Older than 54% of homes in Wills Point
  • Wills Point Snapshot
    123 active listings
    14% have 2 bedrooms
    • Typical 2 bedroom size: 1293 sq. ft.
    • Typical 2 bedroom price: $242,021

Description

INCOME PRODUCING PROPERTY with HUGE development potential! This versatile 3.3-acre property is LESS THAN A MILE from the sparkling shores of Lake Tawakoni, placing you in the heart of one of East Texas’ most sought-after recreational areas! Whether you’re looking for an investment with immediate returns or a blank canvas for your next big idea, this property delivers on BOTH! Currently, the property includes THREE MOBILE HOMES — two of which are occupied with reliable, LONG TERM TENANTS and a proven rental income history! This provides a steady cash flow from day one, while the third home offers flexibility: rent it out for additional income, use it as an on-site manager’s residence, or transform it into a personal getaway near the lake for your very own lakehouse! The grounds are fully fenced and accessed through a gated entrance, offering both privacy and security. A LARGE WORKSHOP provides ample space for storage, equipment, or expansion — perfect for lake toys, RVs, boats, or even a small business operation. With flat, usable land and easy access, the property is primed for multiple uses! Thanks to its excellent location and generous acreage, this site is well-suited for future ventures such as: an RV park or campground to capture the area’s tourism traffic, boat storage or lake-related rental services, additional mobile homes or cabins for short- or long-term rentals, or many other commercial or recreational projects that take advantage of the lake’s popularity! Lake Tawakoni’s fishing, boating, and outdoor activities draw thousands of visitors each year, making this property a rare opportunity to combine immediate income potential with long-term growth possibilities. With its strong rental history, secure infrastructure, and prime location, this is an investment you can put to work right away while you plan your next phase!

MLS Listing ID

21030275

Listed By

Kaedon Kesterson
903-235-7445
Re/MAX Landmark Edgewood

Map

High School
Willspoint
Elementary School
Willspoint
High School District
Wills Point ISD
Middle Or Junior School
Willspoint
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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$
%

Estimated Monthly Payment

$3,324

Loan Amount

$365,750

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Electric Range
  • Dishwasher

Highlights

Interior Features

  • Other

Roof

  • Composition

Levels

  • One

Cooling

  • Central Air
  • Electric
  • Ceiling Fan(s)
Lot Size Acres
3.34
Parcel Number
R000039749

Pool Features

  • None
Property Type
Residential
Carport Spaces
2
Covered Spaces
2

Parking Features

  • Carport
Property Sub Type
Manufactured Home
Virtual Tour
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Year Built
1998

Heating

  • Electric
  • Central
Heating

Utilities

  • Water Available
  • Electricity Available