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!
For sale
$385,000
356 Fm 751, Wills Point, TX 75169
2beds
980sqft
Est.:
Manufactured Home, Single Family Residence
Built in 1998
3.34 Acres Lot
$374,200 Zestimate®
$393/sqft
$-- HOA
What's special
Large workshopFlat usable landGated entrance
- 12 days
- on Zillow |
- 222 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 08:10pm
Listed by:
Kaedon Kesterson 0708609,
Re/MAX Landmark Edgewood 903-385-5054
Source: NTREIS,MLS#: 21030275
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Living room
- Level: First
- Dimensions: 1 x 1
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 980 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 3.34 Acres
Details
- Parcel number: R000039749
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home, Single Family Residence
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- Year built: 1998
Utilities & green energy
- Water: Community/Coop
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Acres 2.927, ABST: 527, SUR: J B MCCOWEN,
HOA
- Has HOA: No
Location
- Region: Wills Point
Financial & listing details
- Price per square foot: $393/sqft
- Tax assessed value: $67,120
- Annual tax amount: $103
- Date on market: 8/13/2025
- Electric utility on property: Yes
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