5990 Magnolia, Eustace, Texas

$3,400,000
Active
5990 Magnolia, Eustace, Texas
5990 Magnolia, Eustace, Texas
5990 Magnolia, Eustace, Texas
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Property Details

MLS ID: 20690520
Status: Active
Price: $3,400,000
Acres: 35.81±
Type: Land
Address: 5990 Magnolia
City, State: Eustace, TX
County: Henderson County
ZIP Code: 75148
Parcel Number: 01330170000030

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.

Directions: 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.

Robert Bong

Robert Bong

Capitol Ranch Real Estate, LLC

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Robert Bong
Capitol Ranch Real Estate, LLC
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Listed By: Tammy Hosch of Tx Lake & Land Real Estate