Prime 80-Acre Development Opportunity in the Durant School District with Exceptional Frontage and Versatile Potential. This expansive property offers an incredible opportunity for both residential and commercial development, boasting unparalled access and visibility. An acreage this size with so much potential is a rarity in the Durant School District, especially located at the hard corner of Lone Oak Road and U.S. Highway 70. The site features 1,320 feet of frontage on U.S. Highway 70 for prime exposure and easy access and 2,640 feet of frontage on Lone Oak Road enhancing its appeal for multi-use development. Scattered trees and several ponds provide for a serene and natural backdrop with development flexibility. A Rural Water District 5 water line crosses the property, but buyers should confirm availability through due diligence. The land is fenced and cross-fenced and ready for cattle. With its strategic location at a high-traffic intersection, this property is perfect for investors seeking to develop a combination of residential and commercial projects. There is a 2-bedrom, 1 bath house being sold "As Is" and a shop.Whether looking to expand an existing business or tap into the growing demand around Durant for residential space, this property is full of promise. Just minutes from the ever-popular Choctaw Casino and Resort, Lake Texoma, and only 30-minutes from North Texas' "Silicon Prairie" Sherman, this is a gold opportunity for investors to secure a tract of land with limitless potential.
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Property Details
Lot description:Acreage
Acres:80
Property type:Purchase
Sewer information:Septic Tank
Utility source:Rural, Well
Utility features:Electricity Available
Subdivision:Bryan Co Unplatted
School district:Durant - Sch Dist (58)
County:Bryan
Original List Price:$2, 250, 000
Days on Market (Cumulative):1
Taxes annual:$1, 178
MLS #:2503582
Cost:2250000
Property subtype:Land
MLS #:2503582
Location
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Last Updated: . Source: NORES
Listing Courtesy Listing Agent: Beryl Sears Listing Office: David Norman Land Company
Malo WebbReal Estate Group
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.