16420 FM 3062

Malakoff, TX 75148
$385,000

Description

24.81 acres in Malakoff, Texas with 30x40 shop, 12x16 cabin, and two RV Hook ups ready to build your dream home or great opportunity for an investor to subdivide and build many homes. Survey, restrictions and base for roads already in place for a development to start. Minutes from Cedar Creek Lake and only 20 minutes from Richland Chambers - two of Texas' larger lakes great for watersports and fishing. Adjacent to Tarrant Regional water district land with an abundance of wildlife and privacy. Minimal Taxes with Wildlife Tax Exemption in place starting 2025 until 2030. Shop is insulated with two bay doors with Mini Split HVAC system and completed bathroom with full size tile shower. Well water services shop, cabin and RV’s. Two 500 gal holding tanks. Restricted to site-built homes with 1800 sq ft HVAC space required with two car attached enclosed garage. Survey and restrictions available upon request.

  • Property Details
      • Lot description:Acreage, Many Trees
      • Exterior materials:Private Entrance, RV Hookup, RV/Boat Parking
      • Acres:24.8100
      • Utility features:See Remarks, Well
      • Subdivision:Oak Tree Ranch Estates
      • School district:Malakoff ISD
      • Elementary School:Malakoff
      • County:Henderson
      • MLS #:20671641
      • Cost:385000
      • Property subtype:Improved Land
      • MLS #:20671641

Location

Sapphire Realty Real Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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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