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    Tbd Fm 3122 Mount Vernon, TX 75457

    For Sale
    $6,400,000

    Rural Acreage - Mt Vernon, TX

    Lot size:
    43.40 Acres
    Days on Market:
    202
    Last Refresh:
    Dec 10 at 12:06 pm

    Property Features for Tbd Fm 3122

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    43.40 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Philhower Group Real Estate (903) 588-3205 [email protected]

    Listing agent Brian Philhower (903) 853-0929 License #0606788

    Listing date May 23, 2025

    MLS# 25007908 Listing URL

    Copyright © 2025 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Cypress Springs Acreage

    This property offers a blend of land and lake access, featuring over 43 acres on Lake Cypress Springs, Texas, with more than 350 feet of waterfront. The site presents opportunities for building a private residence or potential replatting for development. The property includes wooded areas and water access suitable for recreational activities. It shares a boundary with Tall Tree Estates on the lake side, with the possibility of annexation of the waterfrontage by Tall Tree. On the street side, the property has over 900 feet of wooded road frontage, located just east of Eagle Point. Approximately 28 acres are fee simple, while around 14.8 acres are leaseback, under the jurisdiction of the Franklin County Water District.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mount Vernon
    County
    Franklin
    State
    Texas
    Longitude
    -95.2185
    Latitude
    33.2157

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    FAQs

    What type of property is this?
    Land - 43+ acres on Lake Cypress Springs with 350+ feet waterfront.
    Where is this land located?
    The property is located at Tbd Fm 3122 Mount Vernon, TX.
    What is the asking price?
    The asking price for this property is $6,400,000.
    What are key features of this property?
    This property features: - 43+ acre property on Lake Cypress Springs with **350+ feet of waterfront**.; - Development potential: Build a private estate or replat for development.; - Unique combination of woods and water, suitable for various recreational activities.
    (903) 853-0929
    Request Owner's contact information
    Tbd Fm 3122 Mount Vernon, TX 75457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tbd Fm 3122 Mount Vernon, TX 75457
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