TBD County Road 198 Active

Gary,TX 75643

$ 2900000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision No

MLS Listing ID 20722321

HOA Y/N None

Lot Size 187.500 Acres

Acres 187.5

Property Description

Rare lake frontage on Lake Murvaul for personal use or development. This 187.5 acre tract has approximately 4,450 feet of frontage on the Southeast end of Lake Murvaul near the dam, making it the largest private tract remaining on the lake. The property is adjacent to the Boy Scouts of America camp, and is less than a mile to the public boat ramp. The property has over 2,000’ frontage on CR 198, and 750’ frontage on CR 176. Lake Murvaul is located south of Carthage, near the City of Gary.
Boat houses are allowed, with a permit from the lake board, and a ramp could be constructed on the property. The seller has cleared nearly 50 acres to open the tract for views of the lake and easy access. The remaining acreage is heavily wooded in hardwoods and reprod pine, maintaining some potential timber harvest value, and great recreational hunting.
Lakefront lake is one of the the rarest real estate investments you can own. Don't miss your chance to own this great East Texas property.

Location

State TX

County Panola

Zoning zoned Ag Timber

Direction From FM 999, turn north on CR 176, then right on CR 198

Exterior

Utilities Available City Water,Co-op Electric

Waterfront Description Lake Front,Lake Front – Main Body

Street Surface Asphalt

Lot Frontage 2800.0

Garage No

Building

Lot Description Acreage,Cleared,Oak,Pine,Water/Lake View,Waterfront

Schools

Elementary Schools Gary

Middle Schools Gary

High Schools Gary

School District Gary Isd

Others

Restrictions No Known Restriction(s)

Ownership C & JB

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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