Eustace, TX 75148,5990 Magnolia
Eustace, TX 75148,5990 Magnolia
Eustace, TX 75148,5990 Magnolia
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$3,400,000
Est. payment /mo
35.81 Acres Lot

UPDATED:

09/11/2024 04:12 PM

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20690520

HOA Y/N None

Annual Tax Amount $19

Lot Size 35.810 Acres

Acres 35.81

Property Description

This tract is one of those few opportunities to secure acreage along the shorelines of Cedar Creek Lake. This beautiful 35.81-acre property has an impressive 1,848 feet of natural shoreline. What an investment to simply hold and enjoy with ag exempt property taxes of less than $100 per year until the timing is right for you to develop or build your family lakeside compound! Want to enjoy waterfront weekends meanwhile? There is currently power, water and septic set up with an ultra modern container home that is compact, but everything one needs for a peaceful weekend!
Scattered mature trees abound throughout this property; beautifully framing these elevated waterviews. Countless potential to develop these parcels into luxury waterfront home sites like those across the cove, tiny home community, RV park, acreage homes with marina slips, ample road frontage for storage units, covered boat storage, let's explore the possibilities! SELLER FINANCING AVAILABLE 30% cash down.

Location

State TX

County Henderson

Community Fishing, Lake, Perimeter Fencing

Direction From Dallas take 175 towards Athens. Turn Right on FM 316 in Eustace. Turn Right on 3054, property will be on your Left. It appears as a dirt road access that runs parallel with the FM 3054. Follow that road through the gate and it will lead eventually down to the container home.

Exterior

Exterior Feature Boat Slip, Dock

Fence Barbed Wire

Community Features Fishing, Lake, Perimeter Fencing

Utilities Available City Water, Electricity Connected, Individual Water Meter, Septic

Waterfront Yes

Waterfront Description Dock – Uncovered,Lake Front,Lake Front – Main Body

Garage No

Building

Lot Description Acreage, Irregular Lot, Many Trees, Tank/ Pond, Water/Lake View, Waterfront

Schools

Elementary Schools Eustace

Middle Schools Eustace

High Schools Eustace

School District Eustace Isd

Others

Restrictions No Known Restriction(s),No Restrictions,None

Ownership ROCKING 36 RANCH LLC

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Survey Available


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Tammy Hosch • TX Lake & Land Real Estate

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Leslie Mealem

+1(806) 790-5909

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5990 Magnolia