101 Wallace Street, Lone Oak, TX 75453

Listing agent Jennifer Samples License #0707784 Show Phone

Listing office Bradford Elite Real Estate LLC Rockwall, TX Show Phone

Listing date Jun 10, 2026

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MLS# 21221830 Listing URL

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.

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Department Store

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

Location Insight

• Map
• Local Demand

City

Lone Oak

County

Hunt

State

Texas

Longitude

-95.9421483

Latitude

33.0009062

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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