$297,000

FOR SALE

2888 Fm 999

Gary, Tx, 75643

MLS #20262135

Subdivision: -

Building: -

2 Beds

2/- Baths

1260 sqft

$ 235.71 /sqft

Property Details

Discover the potential of this versatile 5-acre property offering immediate income and long-term upside. Located just minutes from Lake Murvaul, this property combines investment opportunity with recreational appeal, making it attractive to both long-term tenants and short-term renters. The property includes a primary residence ready for renovation, a secondary manufactured home that can be utilized for rental income or on-site management, and a barn suitable for storage, workshop space, or future conversion. In addition, there are six established RV hookup sites, providing an excellent opportunity for consistent monthly or short-term rental income. A standout feature is the fully stocked pond on the property, adding both value and appeal for tenants, guests, or future resale. Whether used for fishing, relaxation, or enhancing the overall experience of the property, this feature helps set it apart from typical investment tracts. With infrastructure already in place, this property offers the ability to generate cash flow from day one. The RV spaces alone can significantly offset ownership costs, especially with proximity to the lake driving demand for affordable, flexible housing and recreational stays. The 5-acre layout provides flexibility for a variety of investment strategies, including expanding additional RV or mobile home sites, creating a small-scale RV park, developing workforce housing, or renovating existing structures to increase rental rates and overall property value. Whether youre looking to hold as a cash-flowing asset, improve and increase rents, or reposition the property for future resale, this is a unique opportunity with multiple paths to profitability. Bring your vision and take advantage of the groundwork already in place.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1910
Cooling
Central Electric
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
Central Electric
Garage/Carport
2
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
Aerobic Septic System
Pool
No
Gated Community
Chain Link Fence
Status
A
Listing Office
Elevate Haven Realty LLC

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Listing Courtesy of: Elevate Haven Realty LLC