$72,500
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TBD King Street Tom Bean, TX 75489
0.34 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Otp Tom Bean
MLS Listing ID 20196602
Sold Date 12/23/22
HOA Y/N None
Annual Tax Amount $378
Lot Size 0.344 Acres
Acres 0.344
Property Description
Nice flat and level corner lot right off of Hwy 11 very close to downtown Tom Bean and close proximity to Tom Bean schools. This tract of land could potentially be divided into two separate parcels which makes for a great investment opportunity to build speculative homes or rental properties. The seller is offering a house plan to the prospective buyer that is designed to fit comfortably on each lot if the plan of action would be to divide the property. Ask agent about rental prices for provided floor plan. Also a great setting for one single family residence and a likely possibility that it could be rezoned for construction of duplex. This lot sits in a centralized location with quick access to Hwy 11 and Hwy 902. Mobile homes are allowed if meets the City of Tom Beans criteria. Bring your best offer as this opportunity won’t last long.
Location
State TX
County Grayson
Zoning Residential Use
Direction From the intersection of Hwy 75 and hwy 1417 travel east on 1417 and merge right onto Hwy 11. After you pass Tom Bean High School prepare to turn right on S. Lackey St. at the stop sign turn left on W King St. The lot sits on the left on the corner of King and Brown St.
Exterior
Utilities Available Asphalt, City Water, Co-op Electric, Electricity Available, Overhead Utilities
Garage No
Building
Lot Description Corner Lot, Level
Schools
Elementary Schools Tom Bean
School District Tom Bean Isd
Others
Restrictions No Known Restriction(s)
Ownership Tillett
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Read Less
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Bought with Erica Tinajero • Keller Williams North Country