Waterfront Residential Development
For Sale
$684,000
Merry Oaks Lane, Eustace, TX 75124
Land, Eustace, TX
Property SizeContact for details
Lot Size3.15 Acres
Days on Market63
Property Features for Merry Oaks Lane
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential use only
Vegetation
Cleared
Subdivision
Merry Oaks Estate
Lot features
Acreage, Back Yard, Cleared, Interior Lot, Irregular Lot, Lawn, Subdivision, Subdivided, Few Trees, Waterfront
View
Water
Elementary school
Southside
Middle school
Mabank
High school
Mabank
Elementary school district
Mabank ISD
Middle school district
Mabank ISD
High school district
Mabank ISD
Directions
From IH45, East on State Hwy 31, Left on State Hwy 198, Right on County Rd 2529, Left on Peaceful Woods Drive to Merry Oak Estates.
Standard status
Active
APN
35360000003050
Lot size
3.15 Acres
Taxes and HOA fees
Tax Description
LT 3 AB 59 J P BROWN SUR, MERRY OAKS ESTATES,
Tax Annual Amount
3730
Legal Description
LT 3 AB 59 J P BROWN SUR, MERRY OAKS ESTATES,
Utilities
Water front features
Waterfront, Lake Front
Water front
1
Listing Agency:
Keller Williams Realty-FM
(972) 874-1905
Listed By:
Sonja Jordan · License #0482711
(972) 874-1905
Added: Jul 1
Changed: Aug 19
Last Checked: Sep 1 at 11:06PM
MLS# 21220865
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 offering includes two residential lots within the same property package, totaling 3.15 acres. Lot 3 is lake front, and the property includes 112 feet of frontage nearest the lakes edge. Lot 1 is off the lake. The listing documents reference a survey showing how the lots are laid out.
The lots are subject to deeded restrictive covenants recorded for Merry Oaks Estates. The covenants and a separate quitclaim deed for Lot 1 are available in the listing documents. While plat labels indicate a portion of Lot 1 as Common Area, the quitclaim deed clarifies building rights for Lot 1. The quitclaim deed also describes a 40' Utility & Access Easement limited to Lots 2-5 as shown on the plat and Access Easement Agreement.
For buyers planning a residence or outbuildings on these lots, the covenants require all structures, including guest houses, garages, and cabanas, to be new stick-built construction. Manufactured, mobile, and pre-built structures are not allowed. Minimum living area requirements are set at 1,000 square feet on Lot 1 and 1,500 square feet on Lot 3, with living area excluding porches, outdoor living spaces, and garages.
The lots are subject to deeded restrictive covenants recorded for Merry Oaks Estates. The covenants and a separate quitclaim deed for Lot 1 are available in the listing documents. While plat labels indicate a portion of Lot 1 as Common Area, the quitclaim deed clarifies building rights for Lot 1. The quitclaim deed also describes a 40' Utility & Access Easement limited to Lots 2-5 as shown on the plat and Access Easement Agreement.
For buyers planning a residence or outbuildings on these lots, the covenants require all structures, including guest houses, garages, and cabanas, to be new stick-built construction. Manufactured, mobile, and pre-built structures are not allowed. Minimum living area requirements are set at 1,000 square feet on Lot 1 and 1,500 square feet on Lot 3, with living area excluding porches, outdoor living spaces, and garages.
Key Highlights
- Waterfront lot with Lake Front features and 112 ft of property nearest the lake’s edge
- Two‑lot offering: Lot 3 lake front (.93 acres) and Lot 1 off the lake (2.22 acres)
- Deeded restrictive covenants for Merry Oaks Estates: all residences and outbuildings must be new stick‑built construction
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 75124, TX
5,093
Population
2,371
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
89.2 sq mi
ZIP Area
57
Density / Sq Mi
$79,162
Median Household Income
$45,994
Median Earnings
$932
Median Rent
$195,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Two-lot offering with lake frontage and deeded restrictions requiring new stick-built construction.
Where is this waterfront land located?
The property is located at Merry Oaks Lane Eustace, TX.
What is the asking price?
The asking price for this property is $684,000.
What are key features of this property?
This property features: Waterfront lot with Lake Front features and 112 ft of property nearest the lake’s edge; Two‑lot offering: Lot 3 lake front (.93 acres) and Lot 1 off the lake (2.22 acres); Deeded restrictive covenants for Merry Oaks Estates: all residences and outbuildings must be new stick‑built construction
