0 FM 3062 ROAD

Malakoff, TX 75148
$1,685,000
154.59 acres | #20385822

Description

Located in the Opportunity Zone, This 154.59-acre tract, located just south of Cedar Creek Lake and bordering Malakoff city limits, is a must-see. Located only .7 miles from Cedar Creek Lake and Star Harbor peninsula. It boasts mature hardwood trees, cleared brush, and six ponds, creating a blend of timber and open space. The level terrain is ideal for residential development or as a cattle and horse ranch. Scheduled clearing of less suitable trees and brush will optimize the property. Detailed survey, aerial maps, topography, and floodplain data are available, offering a comprehensive view of the land's potential. Explore this versatile and stunning property for your vision, be it for development, ranching, or more. The city limits run along the frontage on Star Harbor Road aka CR 3062.

  • Property Details
    • Property
      • Lot description:Acreage, Many Trees
    • Measurements
      • Acres:154.5900
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility features:Asphalt, City Water, Co-op Electric
  • Community and Neighborhood Details
    • Community
      • Subdivision:P Tumlinson Survey
    • Location
      • School district:Malakoff ISD
      • Elementary School:Malakoff
      • County:Henderson
  • Other
    • Source
      • MLS #:20385822

Location

Phil HillReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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