See all 21 photos

$850,000

Est. payment - /mo

40.68 Acres Lot

Active

259 County Rd 2500 Mineola, TX 75773

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Cowan

MLS Listing ID 20998032

HOA Y/N None

Lot Size 40.680 Acres

Acres 40.68

Property Sub-Type Improved Land

Property Description

40+ acres this close to town is almost unheard of! This beautiful acreage is a mixture of wooded and cleared land surrounding a small lake. Imagine Mineola's next housing development with lake views only 5 minutes to the grocery store or downtown! Sitting at the intersection of FM 1254 and CR 2500, it's a prime location for development. Access to both roads already exists. The southwest corner of the property is within city limits providing city water service. But the majority of the land is outside city limits giving freedom and no restrictions in use. The best of both worlds! The house on the property has updated plumbing and HVAC leaving the aesthetics to a buyers' preferences. Or the home could be removed to develop the land in other ways. Contact listing agent for photos of house or reference MLS 20988460

Location

State TX

County Wood

Zoning Outside city zoning

Direction From US 69 and Hwy 80, travel north on Highway 69. Turn right (East) on FM 49, left on County Rd 2500 (Inwood). Property on the right with brick entry.

Interior

Heating Central

Cooling Central Air

Heat Source Central

Exterior

Fence Barbed Wire, Wrought Iron

Utilities Available All Weather Road, City Water, Co-op Electric, Electricity Connected, Outside City Limits, Overhead Utilities, Septic, Well

Waterfront Description Lake Front

Street Surface Asphalt,Concrete

Garage No

Building

Lot Description Acreage, Agricultural, Corner Lot, Level, Oak, Pine, Varied, Water/Lake View, Waterfront

Schools

Elementary Schools Mineola

Middle Schools Mineola

High Schools Mineola

School District Mineola Isd

Others

Restrictions No Known Restriction(s)

Ownership Johnston Family Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20998032

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Karen Baldwin • Jones & Co. Realty Group