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Status: Active

356 FM 751 
Wills Point, TX 75169

$385,000

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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!
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Bedrooms
2
Baths
2
House Size
980 sqft
Year Built
1998
Lot Size
3.34 ac
School District
Wills Point ISD

Location

Market Insights

In the last 30 days, homes for sale in 75169, Wills Point, TX were on the market for a median of 107 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Electric Range
cooling
Ceiling Fan(s)
Central Air
Electric
features
Other
heating
Central
Electric

Exterior Information

roof
Composition

Property Information

parking
Carport
subdivision name
Acres 2.927, Abst: 527, Sur: J B Mccowen,
  • Listed By Kaedon Kesterson
  • kaedon@rmlandmark.com
  • Re/MAX Landmark Edgewood
  • (903) 385-5054
  • MLS 21030275

Monthly Payments Calculator

Estimated Monthly Cost

$2,549

30 year fixed·6.9% interest rate
Principal & Interest
$2,028
Property Taxes
$321
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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