Tbd S Hwy 198 Highway, Mabank

$5,300,000

0 Beds
0 Baths
137 Acres
0 Garages

IN QUALIFIED FEDERAL OPPORTUNITY ZONE on busy four-lane state highway. HOT NEW MIXED-USE, COMMERCIAL LISTING, ripe for development. 137 acres in City of Mabank, back of property adjoins Gun Barrel City limits. 14 billboards on property. EXCELLENT Mabank schools. In same family for generations, this rare opportunity to own 137 acres of level, buildable land, 1 hour east of downtown Dallas, by booming Cedar Creek Lake. Currently leased for cattle. Two ponds on property. Many great uses, including senior living, restaurants, large residential development. Near schools, Hwy 175, more. Across street from Tractor Supply, 2 minutes to Lowes, Walmart, etc. This incredible opportunity will not last!

Essential Information
MLS® #14458716
Price$5,300,000
Bathrooms0.00
Acres137.00
TypeLand
Sub-TypeFarm / Ranch
StatusActive
Community Information
AddressTbd S Hwy 198 Highway
AreaHENDERSON COUNTY (42)
SubdivisionThe Pippin Place
CityMabank
CountyHenderson
StateTX
Zip Code75147
Utilities

City Sewer, City Water, Concrete

Exterior Features

Private Outdoor Space, RV/ Boat Parking, Stable/Barn, Storage Building, Workshop

Lot Description

Acreage, Horses Permitted, Lrg. Backyard Grass, Pasture, Some Trees, Tank/ Pond

School Information
DistrictMabank ISD
HighMabank
Zoning

Agriculture, Multi-Family, Mixed Zoning, Residential, Resort, Retail, Rural Residential, Townhouse

Listing Details
AgentKim Roulias
OfficeKim Roulias Realty
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Listing information last updated on December 1st, 2020 at 2:15am CST.