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101 Wallace Street, Lone Oak, TX, 75453
Corner Commercial Lot with Utilities

101 Wallace Street Lone Oak, TX 75453

For Sale
$69,999

LAND - Lone Oak, TX

Lot Size0.25 Acres
Days on Market47

Property Features for 101 Wallace Street

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
73740
Lot size
0.25 Acres

Taxes and HOA fees

Tax Description
S4395 ORIG TOWN OF LONE OAK BLK 33 LOT 1C ACR
Tax Annual Amount
571

Utilities

Sewer type
Public Sewer
Water source
Public
Listing Agency: Bradford Elite Real Estate LLC
Listed By: Jennifer Samples · License #0707784
Added: Jun 10 Changed: Jun 13 Last Checked: Jul 26 at 2:06AM
MLS# 21221830

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 0.25-acre corner commercial lot is positioned for small business use and is currently served by utilities in place, including active water and electricity meters. The site is described as zoned as a commercial city lot with storage as an approved use. It previously operated as a snow cone stand, and the lot’s layout and access support a variety of small retail or food service concepts, as well as the potential for a small office or professional space where visibility matters.

The property is located at the intersection of Hwy 69 South and Wallace Street in Lone Oak, Texas. The listing notes access to city sewer, water, and trash services. It is also described as being minutes from Lake Tawakoni and within a desirable school district.

For tenants, buyers, or operators, the combination of a corner setting, highway intersection location, and already-connected utilities can simplify early planning for a small footprint business. The approved storage use offers flexibility for certain operators, and the prior snow cone stand operation demonstrates that the site has been used for retail/food service activity. An additional adjacent approximately 0.20-acre parcel may be available in the future for expansion, subject to buyer verification.

Key Highlights

  • .25‑acre commercial corner lot at Hwy 69 South and Wallace Street in Lone Oak, with public water and active electricity meter in place
  • Zoned as a commercial city lot with storage as an approved use
  • Previously operated as a successful snow cone stand, suited for retail/food service or other small business use

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gaga’s Sno’ball Shack Restaurant

Suggested Use

Building Supply Plumbing Service Garden Center Furniture & Home Goods Pharmacy Bakery (Bike/Boat/Book/etc) Store Hair Salon Kitchen & Bath Showroom HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Corner lot at a major highway intersection with utilities in place, suited for small retail, food, or professional use.
Where is this commercial land located?
The property is located at 101 Wallace Street Lone Oak, TX.
What is the asking price?
The asking price for this property is $69,999.
What are key features of this property?
This property features: .25‑acre commercial corner lot at Hwy 69 South and Wallace Street in Lone Oak, with public water and active electricity meter in place; Zoned as a commercial city lot with storage as an approved use; Previously operated as a successful snow cone stand, suited for retail/food service or other small business use
More about this property
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