1.07 Acres in Mineola, TX - $49,900

PROPERTY: Build your dream home or weekend getaway on this scenic 1.07-acre residential lot located just a stones throw from Lake Holbrook. Offering the perfect blend of freedom and community, this property is ideal for anyone looking to enjoy lakeside living. No HOA: Enjoy the freedom to build and live without some pushy board trying to interfere with your plans, because the Lake Holbrook Estates HOA has been dissolved. Build with confidence while still benefiting from a safe, high-end neighborhood vibe. Paved Road Frontage: Convenient access with power and water lines available along the road, making utilities setup a breeze. Flat, Buildable Terrain: With no floodplain encroachments and septic approval, the lot is ready for you to start building your dream home. Lakeside Perks: Only 4 minutes from the community beach and boat ramp perfect for fishing, boating, and water activities. The lakeside community park is only two lots away too, so if youre just looking for a relaxing waterfront walk, its just a stones throw from your front door! Close to Amenities: Just 10 minutes to Mineola and major shopping, including Walmart, for all your needs. Great Location: A little over an hour from the DFW metroplex, making it an ideal getaway or permanent residence. This rare lot offers the best of both worlds a relaxed lifestyle in a safe, welcoming lakeside community . . . but with no HOA! Whether youre a fisherman, boater, or just seeking peace and quiet, this is the perfect place to call home. Dont miss out on this fantastic opportunity to secure your spot near beautiful Lake Holbrook at an unbeatable Acretown price!

Call, text, or email Scott if you have any questions or would like to make an offer. If youre a Spanish speaker, please ask for Andy on our team and hell be glad to help you. Weve posted a lot of info below - including critical instructions for visiting the property - so please keep reading.

Property Description:

Address: 120 County Rd 2248, Mineola, TX 75773

Size: 1.07 Acres

GPS Coordinates: 32.69799, -95.54042

Full Legal Description: Available upon request

Plat Map/Survey: Available upon request

Title: General Warranty deed (clean - no back taxes, no liens)

Dimensions: starting at NW corner, 235 S (along street) x 220 E x 159 N x 236 W to POB

Floodplain: none

Wetlands: none

Elevation: 433 feet

Terrain: generally flat to gently rolling

Condition: undeveloped, wooded

Access: 235 feet of direct frontage on County Road 2248, a paved public road

Power: available along road

Water: available along road

Wastewater: septic-approved

aerobic system strongly recommended and common in this neighborhood

average cost of aerobic system, including planning = $7200

Taxes: $264.18 in 2024

Hoa: none former Lake Holbrook Estates HOA has been dissolved

DEED RESTRICTIONS: Lake Holbrook Estates CC+Rs

one single family home per lot

no mobile homes or campers

home exteriors must be completed within 6 months of starting (but lot may be left vacant)

minimum home size = 700 sf

setbacks: 25 from street, 5 from side and rear

no farm animals

ZONING: none

Inquire for Full Restrictions

School District: Alba-Golden (Elementary), Alba-Golden (Middle School), Alba-Golden (High School)

NEAREST CITIES: Mineola, Tyler, Dallas

NEAREST AIRPORTS: Tyler Pounds Regional (36 mins), Dallas Love Field (1 hrs 33 mins), DFW International (1 hrs 38 mins)

Visiting the Property

You can go view the property at your convenience - owner does not need to accompany. Please call/text us to let us know youre heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. Wed appreciate a couple hours notice if possible.

Driving Directions: Simply enter your starting point to get step-by-step directions.

You can navigate to the following GPS Coordinates: 32.69799, -95.54042

Local Attractions

Located amid the vibrant natural beauty of Lake Holbrook, Lake Holbrook Beach and the community boat dock, less than 5 minutes down the street, serve as the launching pads for those looking to unwind by the water or do a little boating, fishing, or swimming. Just a short distance away, the Wood County Arboretum & Botanical Gardens offer a tranquil retreat with its meticulously curated plant collections and scenic walking paths, ideal for leisurely strolls or educational outings. For the history enthusiasts, the Grand Saline Salt Palace stands out with its unique exhibitions made entirely of salt, providing a glimpse into the areas industrious past. When it comes to daily conveniences, Mineola is the go-to town just 10 minutes away, featuring a Walmart and a selection of grocery stores to meet all your shopping needs. Should you require more extensive retail therapy or cultural experiences, Dallas is the nearest major city less than 90 minutes west, providing a bustling urban environment rich with museums, restaurants, and entertainment venues, ensuring theres something to satisfy every inclination.

OWNER Financing: We do offer owner financing under the following terms:

Owner Financed Price = $54,900

Down Payment = $11,000

Monthly Payment = $987.30

Term = 60 months

Interest Rate = 10.9%

No Pre-Payoff Penalty!

Call, text, or email Scott if youd like to discuss an offer. If youre a Spanish speaker, please ask for Andy on our team and hell be glad to help you.

For Sale by Owner: We are investors, and are selling this lot For-Sale-By-Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a Realtor, then youre welcome to have them contact us on your behalf.

Why Are You Selling It So Cheap? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and thats our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quicklyand more of it. In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).

Disclaimer: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyers responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable usage for the property. We are happy to help however we can.