6.597 Acres Hwy 289th Hwy, Pottsboro, TX 75076

$613,521

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List Price
$613,521
Price Change
▼ $39,582 1785290095
MLS#
21262246
Status
ACTIVE
Type
Land
Subtype
Land
Acres
6.60
County
Grayson
City
Pottsboro
Subdivision
McGlothlin Abstract 873

Property Description

Positioned along SH 289 with valuable road frontage, this 6.597-acre offering presents a unique opportunity for commercial, residential, or investment development in the growing Lake Texoma region. Significant investment continues to bring attention to the area, including Preston Harbor, the approximately 3,100-acre master-planned development on Lake Texoma planned to feature a future Margaritaville Resort, residential, retail, dining, marina & recreational components. Located near Lake Texoma and approximately 30 minutes from Choctaw Casino & Resort, this property offers strong visibility & a strategic position as growth & development continue throughout the Texoma corridor. The offering consists of two separate parcels: a 3.269-acre tract (MLS #21257140) and a 3.328-acre tract (MLS #21262064), also available for individual purchase. Zoning flexibility further enhances the property’s potential, with the highest & best use aligning with B-2 General Business District, ideal for contractor yards, auto-related businesses or retail with outdoor display. Additional potential uses include B-1 Light Commercial for retail, office or service-based businesses, R-1 single-family residential development, and R-2 Duplex District for investment or multi-unit opportunities. Buyer to verify zoning and intended use. Proposed future improvements to State Highway 289 may further enhance accessibility, traffic flow & long-term commercial potential. City water & city sewer are nearby per the City; buyer to verify availability & connection requirements. The northern parcel is subject to a waterline easement along the far rear of the property. This property presents an opportunity to secure a sizable tract in an area positioned for continued growth. PLEASE NOTE: Seller intends to record a restrictive covenant establishing an approximately 25-foot treed “no-cut” privacy buffer along the north boundary of the property to help preserve natural screening adjacent to the neighboring residence.

Additional Information

Unexempt Taxes
$3,658
Lot Size
287,365
Acres
6.60
Lot Description
Agricultural, Pasture, Trees, Subdivided, City Lot
School District
Pottsboro Isd
Elementary School
Pottsboro
Middle School
Pottsboro
High School
Pottsboro
Possession
CloseOfEscrow
Proposed Use
Agricultural, Commercial, Development, Residential, Retail, Single Family, Other

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Listing courtesy of Adela Clement from Monument Realty. Contact: 214-535-0562