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Commercial Corner Land
New
For Sale
$69,999

101 Wallace Street, Lone Oak, TX 75453

Land, Lone Oak, TX

Property SizeContact for details
Lot Size0.25 Acres
Days on Market3

Property Features for 101 Wallace Street

General Information

Property type Land
Property subtype Other
Zoning description commercial lot that was a snow cone stand Commercial storage
Exterior features Storage
Subdivision Orig Town Of Lone Oak
Lot features Cleared, Corner Lot, City Lot
Elementary school Loneoak
Middle school Loneoak
High school Loneoak
Elementary school district Lone Oak ISD
Middle school district Lone Oak ISD
High school district Lone Oak ISD
Directions Take Highway 69 South from Greenville property is on the right before you get to the Dollar General. It is on the corner of Highway 69 and Wallace Street.
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
Legal Description S4395 ORIG TOWN OF LONE OAK BLK 33 LOT 1C ACR

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Additional Structures Storage
Listing Agency: Bradford Elite Real Estate LLC
Listed By: Jennifer Samples · License #0707784
Added: Sep 5 Changed: Sep 6 Last Checked: Sep 7 at 6:06AM
MLS# 21379585

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 commercial land parcel occupies the corner of Hwy 69 South and Wallace Street in Lone Oak. The site previously operated as a snow cone stand and includes active water and electricity meters, with access to public sewer, water, and trash services. Storage is an approved use under the current commercial zoning.

The property is positioned at a highway intersection within Lone Oak and offers a commercial site configuration suited to a range of concepts identified in the property information, including a coffee shop, drive-through operation, boutique, dessert shop, small office, or professional space. Buyer and buyer’s agent should verify zoning, permitted uses, utilities, access requirements, 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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel with active water and electricity meters, public sewer access, and storage approved under commercial zoning.
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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