356 FM 751Wills Point, TX 75169
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.




INCOME PRODUCING PROPERTY with HUGE development potential! This versatile 3.3-acre property is LESS THAN A MILE from the sparkling shores of Lake Tawakoni, placing you in the heart of one of East Texas’ most sought-after recreational areas! Whether you’re looking for an investment with immediate returns or a blank canvas for your next big idea, this property delivers on BOTH! Currently, the property includes THREE MOBILE HOMES — two of which are occupied with reliable, LONG TERM TENANTS and a proven rental income history! This provides a steady cash flow from day one, while the third home offers flexibility: rent it out for additional income, use it as an on-site manager’s residence, or transform it into a personal getaway near the lake for your very own lakehouse! The grounds are fully fenced and accessed through a gated entrance, offering both privacy and security. A LARGE WORKSHOP provides ample space for storage, equipment, or expansion — perfect for lake toys, RVs, boats, or even a small business operation. With flat, usable land and easy access, the property is primed for multiple uses! Thanks to its excellent location and generous acreage, this site is well-suited for future ventures such as: an RV park or campground to capture the area’s tourism traffic, boat storage or lake-related rental services, additional mobile homes or cabins for short- or long-term rentals, or many other commercial or recreational projects that take advantage of the lake’s popularity! Lake Tawakoni’s fishing, boating, and outdoor activities draw thousands of visitors each year, making this property a rare opportunity to combine immediate income potential with long-term growth possibilities. With its strong rental history, secure infrastructure, and prime location, this is an investment you can put to work right away while you plan your next phase!
4 days ago | Listing updated with changes from the MLS® | |
5 days ago | Listing first seen on site |

© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-08-18 04:30 AM CDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.