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Commercial Corner Lot
New
For Sale
$69,999

101 Wallace Street, Lone Oak, TX 75453

Commercial corner parcel with active water and electricity meters plus access to city utility services.

Property SizeContact for details
Days on Market2

Property Features for 101 Wallace Street

General Information

Standard status Active
Property subtype Land
Listing Agency: Classic Property Management
Listed By: Christine Beckendorf
Source: Txluxere
Added: Sep 7 Last Checked: Sep 8 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Classic Property Management

Investment Insights

Based on property information with market context.

This 0.25-acre commercial land parcel occupies the corner of Hwy 69 South and Wallace Street in Lone Oak. The site previously supported a snow cone stand and has active water and electricity meters in place. City sewer, water, and trash services are accessible, providing established utility connections for future development.

The property is positioned along Hwy 69 South near Lake Tawakoni, with access from a prominent corner setting. Storage is an approved use under the current commercial zoning. The parcel’s existing utility infrastructure and prior commercial operation provide concrete site characteristics for evaluating a future project, subject to verification of zoning, permitted uses, access requirements, utilities, and parcel size.

Key Highlights

  • 0.25‑acre commercial corner parcel
  • Located at Hwy 69 South and Wallace Street
  • Active water and electricity meters in place

Property Analytics

Current Use

Gaga’s Sno’ball Shack Restaurant

Suggested Use

Top Pick Building Supply Plumbing Service Garden Center Furniture & Home Goods Pharmacy Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 75453, TX

3,737
Population
1,298
Households
2.9
Avg Household Size
43
Median Age
13%
College-Educated
86%
High-School Grad
78.4 sq mi
ZIP Area
48
Density / Sq Mi
$82,000
Median Household Income
$51,506
Median Earnings
$1,096
Median Rent
$204,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial corner parcel with active water and electricity meters plus access to city utility services.
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: 0.25‑acre commercial corner parcel; Located at Hwy 69 South and Wallace Street; Active water and electricity meters in place
More about this property
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